Small and Medium Enterprise Foundation

Small and Medium Enterprise Foundation(SMEF) (Bengali: ক্ষুদ্র ও মাঝারি শিল্প ফাউন্ডেশন (এসএমইএফ)) is a Bangladesh government owned organization that provides training and financing to small entrepreneurs. The foundation is a non-profit organization that involves the both government and small medium enterprise industry trade bodies.^[1][2] Md. Mushfiqur Rahman is the chairman of the Small and Medium Enterprise Foundation.^[3]

Small and Medium Enterprise Foundation

Abbreviation	SMEF
Formation	2007
Type	Government
Legal status	Autonomous Organization established by the Ministry of Industries, Government of the People's Republic of Bangladesh.
Purpose	Promote Micro, Small and Medium Enterprises (MSMEs) for alleviating poverty, generating employment and thereby accelerating economic growth.
Headquarters	Dhaka, Bangladesh
Location	E-5 C/1, Agargaon Administrative Area, Dhaka-1207.
Region served	Bangladesh
Official language	Bengali and English
Parent organization	Ministry of Industries, Government of the People's Republic of Bangladesh.
Website	smef.gov.bd

History

Small and Medium Enterprise Foundation was established in 2007 with an initial fund of 2 billion taka. It was created under the Companies Act and is guaranteed by the Ministry of Commerce. It provides training for small entrepreneurs and provides them with low cost financing.^[4][5]