Small and Medium Enterprises Development Authority completes 50 fresh pre-feasibility studies for Prime Minister’s Small Business Loan Scheme recently announced for young entrepreneurs with an allocated budget of Rs5 billion
Lahore, October 04, 2013 (PPI-OT): The Small and Medium Enterprises Development Authority (SMEDA) has completed 50 fresh pre-feasibility studies for Prime Minister’s Small Business Loan Scheme recently announced for young entrepreneurs with an allocated budget of Rs.5 billion for the year 2013-14. According to SMEDA all of these pre-feasibility studies have been made available free of cost on SMEDA’s website www.smeda.org.pk from 4th October onward for utilization of the youth desiring to of the scheme
This is first time in history of SMEDA that such a huge number of pre-feasibility studies have been compiled in the record time of 15 days only.
The pre-feasibility studies developed by SMEDA cover 15 major and potential business areas including Agri-Processing, Chemical, Construction, Dairy and Livestock, Energy, Fisheries, Food, Furniture, Gems and Jewelry, Horticulture, Leather, Marble, Mineral, Services and Textile.
The 50 businesses which have been developed transformed into pre-feasibility studies include; Seedoil Extraction Unit (Cotton Seed), Rose Water, Honey Production, Processing, Packing and Marketing, Injection Moulding Plastic Products, Light Weight Roof Tile Manufacturing Unit, Interior Designing and Landscaping, Goat Fattening Farm, Sheep Fattening Farm, Calf Fattening Farm, Camel Farming, Dairy Farm, Layer Farming, Meat Shop, Poultry Farm, Veterinary Clinic, Fodder Production and Trading Company, UPS and Stabilizer Assembling Unit, Inland Fish Farming, Shrimp Farming, Bakery and Confectionery, Wooden Furniture Manufacturing Unit, Gemstone Lapidary, Cut Flower Farm (Gladiolus, Marigold), Cut Flower Farm (Rose), Flower Shop, Off-season Vegetables Farming (High Tunnel), Off-season Vegetables Farming (Low Tunnel), Salt Products ,Pickle Production, Processing, Packaging and Marketing, Spices Processing, Packing and Marketing, Leather Goods Manufacturing Unit (Wallets), Marble and Onyx Products Manufacturing, Marble Mosaic Development Centre, Marble Tiles Manufacturing Unit, Stone Crushing, Day Care Centre, Beauty Clinic, Driving School, Footwear Retail Outlet, Subcontract Workshop Facility, Fast Food Restaurant, Catering and Decorating Services, Direct Marketing, Security Agency, Small to Medium Scale Distribution Agency, Montessori School, Gaming Zone, Medical Store, Boutique and Hand Made Carpet Manufacturing.
It is notable that Prime Minister’s ‘Small Business Loans Scheme’, for young entrepreneurs, with an allocated budget of Rs. 5.0 Billion for the year 2013-14, is designed to provide subsidised financing at 8% mark-up per annum for one hundred thousand (100,000) beneficiaries, through designated financial institutions, initially through National Bank of Pakistan (NBP) and First Women Bank Ltd. (FWBL).
Small business loans with tenure up to 7 years, and a debt : equity of 90 : 10 will be disbursed to SME beneficiaries across Pakistan, covering; Punjab, Sind, Khyber Pakhtunkhwah, Baluchistan, Gilgit Baltistan, Azad Jammu and Kashmir and Federally Administered Tribal Areas (FATA).
For more information, contact:
Liaqat Ali Gohar
DGM (Admin. and PR)
Small and Medium Enterprise Development Authority (SMEDA)
6th floor, LDA Plaza, Egerton Road, Lahore
Fax: (042) 6304926
Category: General Business News