LAHORE: The downloads of pre-feasibility studies developed by the Small and Medium Enterprises Development Authority (Smeda) for the Prime Minister’s Small Business Loan Scheme for youth have reached a record number of 101,540 in a short span of one month.
Smeda has termed it a landmark achievement and an indicator of the popularity of the Prime Minister’s initiative. According to a Smeda spokesperson here on Monday, there has been a great demand for pre-feasibility studies from across the globe from Saudi Arabia, the USA, the UK, the UAE, Canada, Nepal and Afghanistan.
A set of 50 fresh pre-feasibility studies have recently been developed by Smeda for agri-processing, dairy and livestock, chemicals, horticulture, fisheries, food, construction, marble, minerals, construction, leather, textile, energy and services sectors, and are available free of cost at Smeda website www.smeda.org.pk.
Smeda CEO Ahmad Nawaz Sukhera commenting on the achievement, said that nurturing entrepreneurship among youth through providing them tools and resources, for converting ideas and skills into commercial ventures is the key priority of Smeda, which has clearly been reflected in its 5-Year SME Development Plan (2013-18). Smeda aims at building an entrepreneurial ecosystem that specifically addresses entrepreneurship development growth software, comprising business support networks and platforms to synergise and provide state-of-the-art entrepreneurship and start-up support services, he said.