Small and Medium Enterprise Foundation

Bangladeshi state-owned organization
  • E-5 C/1, Agargaon Administrative Area, Dhaka-1207.
Region served
Bangladesh
Official language
Bengali and English
Parent organization
Ministry of Industries, Government of the Peoples' Republic of Bangladesh.Websitesmef.gov.bd

Small and Medium Enterprise Foundation(SMEF) (Bengali: ক্ষুদ্র ও মাঝারি শিল্প ফাউন্ডেশন (এসএমইএফ)) is a Bangladesh government owned organization that provides training and financing to small entrepreneurs. The foundation is a non-profit organization that involves the both government and small medium enterprise industry trade bodies.[1][2] Professor Dr. Md. Masudur Rahman is the chairman of the Small and Medium Enterprise Foundation.[3]

History

Small and Medium Enterprise Foundation was established in 2007 with an initial fund of 2 billion taka. It was create under the Companies Act and is guaranteed by the Ministry of Commerce. It provides training for small entrepreneurs and provides them with low cost financing.[4][5]

References

  1. ^ "Government support for SMEs". The Daily Star. 24 April 2008. Retrieved 7 April 2020.
  2. ^ "Role of micro, small and medium enterprises in economic dev". Daily Sun. Retrieved 7 April 2020.
  3. ^ "Small enterprises make big contribution". theindependentbd.com. Retrieved 7 April 2020.
  4. ^ "SME Foundation limps with fund crunch". Dhaka Tribune. 17 September 2019. Retrieved 7 April 2020.
  5. ^ "ক্ষুদ্র ও মাঝারি শিল্প ফাউন্ডেশন (এসএমইএফ)". smef.gov.bd. Retrieved 7 April 2020.


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