2.1 million Pre-feasibilities downloaded from SMEDA Website for Prime Minister’s Youth Business Loan

Lahore, December 10, 2013 (PPI-OT): Small and Medium Enterprises Development Authority (SMEDA) Website (www.smeda.org.pk) established new records of popularity among the masses and especially the youth, as the Prime Minister announced the Youth Business Loan scheme on December 07, 2013. In just two days, after the announcement of the scheme, more than one (1) million Pre-feasibility studies were downloaded from SMEDA website taking the total number of downloads to over a phenomenal 2.1 million! In fact the global ranking of SMEDA website, with content in both English and Urdu, has improved from 505,489 to 79,488 and it now ranks in the top 450 websites in Pakistan, moving from 15,764 to 449 in a short span of 3 months. These downloads have been recorded in over 200 cities and towns all over Pakistan.

SMEDA has been given the lead advisory role in implementation of the Prime Minister’s Youth Business Loan scheme. The 56 Pre-feasibility Studies, related FAQs, Financial calculators pertaining to loan repayment, balance sheet, income statement, and cash flow statement, Business Plan Guidelines / Template and Training Video Documentary on ‘How to develop a Business Plan’, along with other related information material, has been specifically designed to cater to the needs of loan applicants, and to assist them in benefitting from the scheme, from the comfort of their homes through accessing SMEDA Website.

Loan applicants are also being facilitated through the 25 helpdesks established by SMEDA in 16 cities across Pakistan. More than 2,000 applicants were facilitated through SMEDA Helpdesks on the very first day of the scheme launch.

The 56 different business pre-feasibility studies in eight major sectors, exclusively for the PM’s Youth Business Loan scheme fall within eight business sectors including Engineering and Manufacturing, Information Technology, Agriculture, Agriculture and Fruit Processing, Livestock, Food, Services and Minerals.

The Pre-feasibility studies are available in English and in Urdu Languages to facilitate potential entrepreneurs in project identification for investment. The study covers various aspects of project concept development, start-up, production, marketing, finance and business management.

This is notable that all SMEDA services related to PM’s Youth Business Loan are Free of Cost.

For more information, contact:
Liaqat Ali Gohar
DGM (Admin. and PR)
Small and Medium Enterprise Development Authority (SMEDA)
6th floor, LDA Plaza, Egerton Road, Lahore
Tel: 111-111-456
Fax: (042) 6304926
Email: helpdesk@smeda.org.pk
Website: www.smeda.org.pk

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