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SME Foundation needs specific annual allocation

SME Foundation needs specific annual allocation Say speakers at a webinar marking MSME Day 2021 Alternative financing needs to be provided to small businesses that account for one-fourth of the country’s total economy, experts say. Photo: Star Star Business Report Star Business Report SME Foundation needs to be provided a specific budgetary allocation each year to ensure that entrepreneurs get easy access to finance, speakers told a webinar yesterday.  To implement various plans, including the SME (small and medium enterprise) policy, a five-year strategic plan is required, said Managing Director Md Mafizur Rahman. The webinar was jointly organised by SME Foundation and United Nations Industrial Development Organization (Unido) marking Micro, Small and Medium-sized Enterprises Day 2021 yesterday.

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