Business

SMEDA’s matching grant for SME certification attracts entrepreneurs

LAHORE: The SME Certification & International Accreditation Grant Programme of the Small and Medium Enterprises Development Authority (SMEDA) gains traction as entrepreneurs from several parts of the country have shown interest in obtaining globally recognized certifications to enhance their competitiveness and export potential.

SMEDA is offering 70% matching grant (30% will be borne by SME) to cover the certification cost up to Rs800,000 and related consultancy cost up to Rs200,000 under the project.

It launched the programme to help SMEs get key international certifications by reducing the financial and technical barriers associated with compliance. The initiative is part of the Ministry of Industry and Production’s broader strategy to strengthen small and medium enterprises (SMEs) by enabling them to formalize, access markets and enhance export capabilities.

Officials say SMEDA, through this highly significant project, offers matching grants and advisory support to entrepreneurs to enable them to meet global standards related to quality, safety, environmental management and operational systems. The response from entrepreneurs has been quite encouraging, they say, adding that the Authority aims to support more than 100 SMEs in the current fiscal year.

According to officials, several SMEs expressed their willingness to avail themselves of the certification grant at the recent ‘Made in Pakistan – SME Cluster Showcase Expo 2026.’ With increasing number of applications and approvals already underway, they say, the programme is expected to be a key instrument in the government’s drive to formalize the SME sector, boost exports and build a more competitive and resilient economy.

Officials assure that the selection process for the certification is merit-based and transparent, with applications processed on a first-come, first-served basis while ensuring compliance with eligibility requirements. The initiative demonstrates the government’s sincere commitment to making SMEs transition from informal operations to structured, compliant and globally competitive businesses, they say.

SMEDA makes sure special emphasis is placed on encouraging participation from start-ups, women-led enterprises and businesses located in underserved areas. With a simplified application process, it is actively guiding applicants through awareness sessions, media engagement and digital campaign highlighting certification requirements and procedures, say officials.

Entrepreneurs interested in the programme can apply through the SMEDA website (www.smeda.org) or the SME Registration Portal (https://smerp.smeda.org). Registration is free and marks an important step toward formalization, improved governance and sustainable business expansion.

Programme documents highlight that compliance with recognized national and international standards enhances enterprise efficiency, protects consumer safety and promotes sustainable economic development.

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