Professional Documents
Culture Documents
Assignment: SMEDA
Subject: Business Finance
Qurtuba University
Of Science & Information Technology
Peshawar Campus
SBD Assignment
SMEDA 2
Table of Contents
Chapter 1 INTRODUCTION
1.1 SMEDA Vision
1.2 Mission Statement
1.3 SMEDA Objectives
1.4 SMEDA SME’s Definition
1.5 SME Definitions used by various institutions in Pakistan:-
1.6 Introduction - Board of Directors
SBD Assignment
SMEDA 3
Development Authority)
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. 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 provider’s 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 4
Enterprise Category Employment Size (a) Paid Up Capital (b) Annual Sales (c)
Small & Medium Enterprise (SME) Up to 250 Up to Rs. 25 Million Up to Rs. 250 Million
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.
SBD Assignment
SMEDA 5
Bumiputra Enterprises)
Philippines Less than 200 employees P 40 million assets
less than S$12 million
Manufacturing
Singapore fixed assets
Services Less than 100 employees
USA Less than 500 employees
Public Sector:
Private Sector:
Mr. Almas Hyder Chief Executive Officer Synthetic Products Enterprises (Pvt.) Ltd.
Mr. Mansur Khan President/Zarai Taraqiati Bank Limited.
Mrs. Amna Nasir Proprietor, Arts & Gems Exports
Dr. Fasial Bari Executive Director Mahboobul Haq Human Development Centre
Engr. Squadron Leader (Rtd) Nauman Wazir, Chief Executive Officer, Frontier Foundry
(Pvt) Ltd.
Mr. Kamal-ud-din Ahmed, Chairman/Chief Executive Sika (Pvt) Ltd.
2. Business Opportunities:-
Technologies
Fire and Rescue Equipment
.Fire Equipment China On Going
Food
Exporting Food Products Iran On Going
Information Technology
MYSQL AB is looking for new Gold partners Japan On Going
etc………..
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 .
SBD Assignment
SMEDA 7
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
in the technical, marketing, financial, compliance, policy, regulatory, legal, commercial
and other important functions. These programs help to improve major performance
indicators such as productivity, quality, competitiveness and sustainability etc. The results
include improvement in export potential, investment promotion, business transparency,
human resource development, managerial capacity building etc. These programs help
decreasing the level of SME mortality and increasing efficiency.
SBD Assignment
SMEDA 8
Business Plan development services is one of the key services provided to enable existing
as well as potential investors to make well researched and informed investment decisions.
A business plan is a plan that enables a business to look ahead, allocate resources, focus
on key points and prepare for problems and opportunities presented by changing business
environment.
Generally people think of business plans, first for starting a new business or applying for
business loans. However, business plans are also vital for managing an existing business,
whether or not the business needs new loans or new investments. Businesses need plans
to optimize growth and development according to plans and priorities.
A business plan acts as a communication tool, which can be used to attract investment
capital, secure loans, and assist in attracting strategic business partners. As a management
tool, a business plan helps in tracking, monitoring and evaluating the progress of a
business. As a planning tool, the business plan guides an entrepreneur through the various
phases of the business, which helps in identifying roadblocks and obstacles that can be
avoided.
SBD Assignment
SMEDA 9
5. SECTOR DEVELPOMENT:-
5.1 Dairy Sector:- (Sector Significance)
Agriculture is the largest sector of the Pakistani economy, contributing 23
percent to the GDP and involving 42 percent of the total labor force. Livestock is the
largest of the various agriculture sub sectors. Net foreign exchange earnings from
livestock products and by products like meat, skins, hides etc were more than Rs. 53
billion in 2003-04 (Source: FAO-Economic & Social Department Reports) that is about
11 percent of the overall export earnings of the country.
Livestock accounts for 46.8 percent of agricultural value added and about 10.8 percent of
the GDP. Milk is the largest commodity from the livestock sector accounting for 51
percent of the total value of the sector. The farm gate value of milk is estimated to be
more than Rs. 390 billion.
Pakistan is the Fifth largest producer of milk in the world with a total production of 28
billion liter of milk a year, whose value is more than that of the combined value of wheat
and cotton, from a total herd size of 27 million milk animals (buffaloes and cows).
There is a consensus among the stakeholders and the development experts that Pakistan’s
Dairy Sector has immense potential for growth. The same has not been realized due to
various gaps.
The vital missing link being lack of shared vision and strategy for the development and
lack of effective collaboration among the stakeholders including support institutions and
the government agencies to implement the agreed strategy.
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
SBD Assignment
SMEDA 10
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
Future Initiatives
SBD Assignment
SMEDA 11
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.
(ISC) at SMEDA has been established. The main objective of establishing this cell is the
capacity building of SMEDA staff and to ensure the continuity of different initiatives.
ISC consists of professionals who work closely with foreign experts for the development
and up gradation of local industry.
References:-
http://www.smeda.org/index.php
http://www.smeda.org/SMEDA-introduction_1.html
http://www.smeda.org/opportunities/international-business-opportunities-
service.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-incubation-
center.html
http://www.smeda.org/projects/cluster-development.html
SBD Assignment