Lahore: The National Business Development Programme (NBDP) for Small & Medium Enterprises (SMEs) has initiated the countrywide launch of its largest SME capacity-building initiative for 2019-20, a news source reported.
NBDP is a project of the Small & Medium Enterprises Development Authority (SMEDA), and is expected to implement the capacity-building programme for SMEs in different parts of Pakistan, including Islamabad, Gilgit-Baltistan, and Azad Jammu & Kashmir (AJK).
SMEDA Acting Chief Executive Officer (CEO) Fuad Rabbani inaugurated the programme at the SMEDA Head Office on Wednesday. Officials concerned addressed the ceremony, stating that the initiative will provide capacity building support and a helping hand to SMEs. NBDP will also extend support to start-ups and individuals seeking to become entrepreneurs under the Prime Minister (PM)’s Kamyab Jawan Programme.
The ceremony revealed that the NBDP will conduct 600 training programmes to build capacity during the current fiscal year 2019-20. This will target more than 1,500 SMEs – engaging professional Training Service Providers (TSPs) chosen through a competitive process.
The training programmes will focus on accounting, book keeping, management, business start-up, and cost management for small and growing companies.