LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has launched the SME Certification & International Accreditation Grant Program to support Pakistani SMEs in achieving international standards and expanding their global footprint.
SMEs are widely recognized as a cornerstone of economic growth. In Pakistan, they account for around seven million enterprises, contribute 40% to GDP, generate 78% of non-agriculture employment, and produce 30% of exports. However, most SMEs operate on a small, undocumented scale, with limited access to finance and international trade opportunities.
To bridge this gap, SMEDA’s Certification Program will provide grants covering costs associated with obtaining internationally recognized certifications and accreditations, helping SMEs formalize their operations and compete globally.
Officials say the initiative aligns with Prime Minister Shehbaz Sharif’s vision of promoting formalization, boosting exports, and fostering national economic growth. The program will be implemented transparently, with applications processed on a first-come, first-served basis.
Start-ups and women entrepreneurs are especially encouraged to participate. SMEDA has made the application process convenient and offers expert consultancy to help SMEs become export-ready, improve processes, and strengthen their businesses for sustainable growth.
The program also includes awareness campaigns and seminars, educating SMEs about the benefits of international compliance and export development. Entrepreneurs interested in participating can check eligibility and apply through the SMEDA website or the SME Registration Portal. Registration is free and marks a significant step toward transforming informal entrepreneurship into sustainable and profitable business ventures.
