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Small Business Development Assignment
Small Business Development Assignment
SMEDA
Assignment:
Subject:
SMEDA
Business Finance
Submitted To:
Submitted By:
Class:
Date:
Miss.Sahresh Zafar
Sadaqat Khan (2547)
BBA (H.O.N.S)
4th Semester
Sep/10/2009
Qurtuba University
Of Science & Information Technology
Peshawar Campus
SBD Assignment
SMEDA
Table of Contents
Chapter 1 INTRODUCTION
1.1 SMEDA Vision
1.2 Mission Statement
1.3 SMEDA Objectives
1.4 SMEDA SMEs Definition
1.5 SME Definitions used by various institutions in Pakistan:1.6 Introduction - Board of Directors
SBD Assignment
SMEDA
1. Introduction:SMEDA was establish in October 1998 to take on the challenge of developing small
and medium enterprises (SMEs) in Pakistan with a futuristic approach and
professional management structure it has focus on providing an enabling environment
and business development services to small and medium enterprises, SMEDA is not
only an SME policy advisor body for the government of Pakistan but also facilitates
other stockholders in addressing their SME development agendas.
1.1 SMEDA Vision:Growth of globally competitive SME sector through a conducive and facilitating
environment and support services as an engine of growth and sustainability to national
economy.
1.2 Mission Statement
To function as the promoter & facilitator of SME sector in Pakistan by creating a
conducive and facilitating environment as well as providing and facilitating service
delivery to SMEs for enhancing their capacities and competitiveness.
1.3 SMEDA Objectives:1. Formulate Policy to encourage the growth of SMEs in the country and to advise
the Government on fiscal and monetary issues related to SMEs.
2. Facilitation of Business Development Services to SMEs.
3. Facilitate the development and strengthening of SME representative bodies
associations/chambers.
4. Set up and manage a service providers database including machinery and
supplier for SMEs.
5. Conducting sector studies and analysis for sector development strategies.
6. Facilitation of SMEs in securing financing.
7. Strengthening of SMEs by conducting and facilitating seminars, workshops and
training programs.
8. Donor assistances for SME development of SMEs through programs and projects.
9. Assist SMEs in getting international certifications (such as UL, CE, DIN, JIS,
ASME, KS, etc.) for their products and processes.
10. Identification of service opportunities on the basis of supply/demand gap.
SBD Assignment
SMEDA
Up to Rs. 25 Million
Small
Medium
SME Bank
Federal Bureau of
Statistics
N/A
N/A
Punjab Industries
Department
Sindh Industries
Department
An entity , ideally not being a public limited company, which does not
employee more than 250 persons ( manufacturing) and 50 persons (trade /
services) and also fulfills one of the following criteria:
(i) A trade / services concern with total assets at cost excluding land and
buildings up to Rs 50 million.
(ii) A manufacturing concern with total assets at cost excluding land and
building up to Rs 100 million.
(iii) Any concern (trade, services or manufacturing) with net sales not
exceeding Rs 300 million as per latest financial statements.
SME Definitions in selected Asia Pacific Economic Cooperation (APEC) member countries
Enterprises exporting up to US$2.5 Million a year are considered Small by the State
Bank of Pakistan.
Country
Australia
Canada
China
Sector
Employment
Manufacturing
Services
Manufacturing
Services
Varies with
Industry
Indonesia
SBD Assignment
Other Measures
SMEDA
Japan*
Manufacturing
Wholesaling
30 million assets
Services
P 40 million assets
Philippines
Singapore
10 million assets
Manufacturing
Manufacturing
Services
USA
SBD Assignment
SMEDA
Country
Czech Republic
China
Validity
On Going
On Going
Iran
On Going
Japan
On Going
2.2 Business Matchmaking Service:SMEDA is providing a unique service to facilitate SMEs by promoting business-tobusiness relationships. SMEDA's role is that of a matchmaker and we provide a platform
for SMEs to come together and explore different areas of cooperation using SMEDA's
databases and web-site. Now anyone can sell their business, look for joint ventures, buy
running business, form equity partnership, look for agents or distributors through this
initiative.
3. Business Development:3.1 Business Guides:Business Guides provide information and web links intended for entrepreneurs who want
to start new businesses or expand the existing ones.
Business Guides like : Copyrights Registration Procedure .
Custom Clearance Procedure for Export .
Custom Clearance Procedure for Import .
Export to Afghanistan .
Export Process Flow, Procedure & Doc.
Export Processing Zone .
Import Regulations in the EU .
Import Regulations in the USA .
How to Obtain Finance from First Women Bank Limited .
To Obtain Finance from SME Bank .
Obtaining Financing under the Export Finance Scheme .
Company Registration Process .
Legal Guide for Gemstones and Jewelry Sector .
3.2 Pre-feasibility Studies:-
SBD Assignment
SMEDA
4. SMEDA Services:4.1 Training Services:SMEDA organizes training programs, seminars, workshops and conferences of
short duration in major cities across the country for raising awareness and capacity
building of SMEs. These need based training programs are affordable, appropriate and
innovative. These programs are aimed at improving knowledge, skills and competencies
SBD Assignment
SMEDA
SMEDA
SMEDA
10
Currently, Pakistan imports more than one hundred and twenty tones of gold per annum,
which makes it the eighth largest consumer of gold in the world. In the year 2002,
Pakistan exported gems & jewellery worth US$32 million (which went down to US$28.2
million in 2003). Although, the volume of exports of gems & jewellery from Pakistan is
of no great significance in the total global trade of US$84.4 billion and much lower than
India, which is our biggest regional competitor, but the growth potential of exports in the
sector is huge
Gems & Jewellery Sector Strategy:The strategy is a combined effort of Gems &
Jewellery Industry's stake holders, SMEDA (MOIP&SI) and J.E Austin Inc (USAID). It
is for the first time that a working Strategy from mine-to-market has been developed and
is based on first hand information from the different stakeholders rather than relying on
the secondary data available. The methodology applied was studying the value chain
analysis and recommending solutions to the problems and designing possible pilot
projects for immediate implementation.
Quality Control - Hallmarking and Assaying Facilities as well as Gem labs for
Certification.
5.3 Agribusiness Services at SMEDA (B&SDS) (Agriculture & Horticulture Sector):SMEDA is a facilitating body working for the development of SMEs in the
country. Business and Sector Development Services (B&SDS) department of the
SMEDA is responsible to provide technical assistance to SMEs. Agribusiness
Development Services of B&SDS is providing proactive technical and managerial
assistance to agro SMEs in the country.
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Future Initiatives
Revising and updating the agribusiness related regulatory policy issues and to formulate a
national agribusiness policy in consultation with all relevant stakeholders.
Stakeholders Involvement Plan
For execution of the initiatives taken by Agribusiness Development Services SMEDA
stakeholders from complete value chain will be involved in formulating Policy guidelines
and future plan of action for enhancement of capabilities of Agro SMEs in Pakistan.
Proposed stakeholders may include Farmers Associations, researchers at academia and at
research stations, different Government departments involved in policy making or
decision making process
6. SMEDA Projects:6.1 Women Business Incubation Center:Women Business Incubation Center (WBIC) is an initiative of
SMEDA being funded by Government of Pakistan to provide hands-on support to
Women Entrepreneurs (WEs) in an exclusive female oriented environment. It is the first
of its kind center in Pakistan wherein, Offices, Exhibition/Display facility and Business
Development Services (including training programs) are being offered to Women
Entrepreneurs (WEs) under one roof. The entire effort is focused at encouraging new
business start-ups and support to existing businesses including the right environment for
nurturing women owned and managed businesses to an extent that these become
sustainable; more specifically, in start-up period (first five years) when they are most
vulnerable. WBIC is a supportive entrepreneurial community designed to help grow
small businesses. The center is established for providing assistance to home-based
businesses or those in earlier stages of development.
6.2 Industry Support Program:SBD Assignment
SMEDA
12
RS million
Location
Total Estimated Cost
Gujranwala
98.78
Multan
135.19
Sialkot
341.67
Karachi, Sindh
34.03
References:http://www.smeda.org/index.php
http://www.smeda.org/SMEDA-introduction_1.html
http://www.smeda.org/opportunities/international-business-opportunitiesservice.html
http://www.smeda.org/business-development/business-guides.html
http://www.smeda.org/business-development/pre-feasibility-studies.html
http://www.smeda.org/services/training-services.html
http://www.smeda.org/services/financial-services.html
http://www.smeda.org/sector-development/dairy-sector-brief.html
http://www.smeda.org/sector-development/gems-and-jewellery-sector.html
http://www.smeda.org/projects/WBIC-women-business-incubationcenter.html
http://www.smeda.org/projects/cluster-development.html
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SMEDA
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