The Government of Sindh with a vision to encourage investment in SMEs, inculcate entrepreneurial ability and provide a major push to the wider economy, has established Sindh Enterprise Development Fund (SEDF). It aims to promote opportunities in agri value chains, mining and mineral processing sectors for multiple economic benefits on growth, intermediary services and productivity. It seeks to introduce interventions to improve efficiency and profitability.
SEDF has been able to mobilize private sector investments to the tune of PKR 7,000 million through provision of credit subsidy worth PKR 500 million only. The Economic Impact is atleast 10 times the investment mobilized.
Vision
To support entrepreneurship development based on Sindh’s competitive advantage
Priority Clusters
The clusters to be focused on priority are:
- Agri-Processing
- Dairy and Livestock Farming
- Poultry Farming
- Fisheries
- Horticulture and Floriculture
- Storage and Cold Chain
- Mining and Processing of Minerals
- Green Energy (Use of Solar, Biogas and Wind Energy)
- Innovation and Technology
Technical Assistance
Technical assistance will be provided in the matters mentioned below:
- Assistance in preparing feasibilities
- Assistance in obtaining loan from banks
- Preparation of SEDF's Application
Financial Assistance
The details/percentage of financial assistance are:
- Payment of interest (KIBOR)
- 100% on capital cost
- 50% on working capital
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