In a significant development for small and medium enterprises (SMEs) in Pakistan, the Small and Medium Enterprises Development Authority (SMEDA) has launched a 70% matching grant under its SME Certification and International Accreditation Grant Programme. This initiative aims to assist SMEs in obtaining internationally recognized certifications, thereby enhancing their competitiveness and export potential. According to SMEDA, the grant will cover certification costs up to Rs800,000 and consultancy costs up to Rs200,000, with SMEs responsible for the remaining 30%. The program is part of the Prime Minister's vision to boost the exportability of SMEs and is expected to support over 100 businesses in the current fiscal year. SMEDA officials noted that the response has been encouraging, particularly following the recent 'Made in Pakistan - SME Cluster Showcase Expo 2026', where many entrepreneurs expressed interest in the certification grant. They emphasized that the selection process is merit-based and transparent, with applications processed on a first-come, first-served basis, ensuring compliance with eligibility requirements (Business Recorder, February 25, 2026).
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Smeda Launches 70% Matching Grant For Sme Certifications
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Pakistan's SMEDA launches a 70% matching grant to help SMEs gain international certifications, boosting competitiveness and exports. The initiative aims to support over 100 businesses this fiscal y...
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