The Small and Medium Enterprises Development Authority (SMEDA) provides support to potential and existing small entrepreneurs with a view to enable them to start new enterprises or to improve their existing business.
Core Objectives
- Promote a conducive business environment and empower SME’s to emerge and grow;
- Promote a service delivery network that increases the contribution of SMEs in the national economy and enhances economic growth;
- Enhances the competitiveness of SMEs;
- Devise and implement development support programmes and schemes for SMEs;
- Facilitate, assist and provide the necessary support to SMEs to gain market access and business opportunities and to compete successfully in the national and international markets;
- Promote and develop entrepreneurship.
Main Functions
- Provide core support services, particularly entrepreneurship development, business facilitation, counselling and mentoring services;
- Implement and operate a registration scheme for SMEs;
- Coordinate with other support organisations and stakeholders in the fulfilment of its objectives;
- Facilitate access to industrial space, finance and other productive resources;
- Promote technological and managerial capabilities of SMEs;
- Organise and encourage the participation of SMEs in fairs;
- Identify projects for the development and promotion of SMEs;
- Implement, coordinate and monitor assistance programmes provided to SMEs.