SMEDA invites applications for ‘Growth-Stage Start-Up’ grants

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Small and Medium Enterprise Development Authority (SMEDA) has invited applications for small business grants (Round-II) for “Growth Stage Start Up” maximum to Rs500,000 to each organization on first come first served basis to promote and encourage SMEs sector of the country.

The Growth Stage Start-Ups grant is aimed at providing financial support to the entrepreneurs to meet the capital or operating needs of their business, official source said adding that the interested enterprises had been requested to submit their applications by September 27.

SMEDA’s Grant Programme offers funding to the eligible SMEs to acquire machinery.—APP

 

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