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CGPA organizes workshop on SEMs regional growth

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DLP Report
PESHAWAR
The Center for Governance and Public Accountability (CGPA) recently hosted a three-day workshop focused on improving the environment for small and medium enterprises (SMEs) in Khyber Pakhtunkhwa.
Utilizing the Technology of Participation (TOP), the event emphasized the Theory of Change for SMEs, fostering collaboration among business owners, associates, and chamber representatives. The gathering served as a crucial platform for dialogue and cooperation, aimed at enhancing the growth and sustainability of SMEs in the region.
Over three days, consultations engaged Khyber Pakhtunkhwa stakeholders, revealing SMEs face challenges like limited financing, regulatory hurdles, inadequate infrastructure, and competition from larger firms. The discussions underscored the urgent need for a supportive ecosystem. Ms Hina discussed the theory of change in relation to the consultation workshop, highlighting how stakeholder engagement can lead to tangible improvements for SMEs. A diverse group from the government and entrepreneurial sectors participated in the event. Members from different entrepreneurial sectors, FBR, SMEDA, chambers of commerce, academia, media, local and international organizations, and the banking sector participated and addressed all relevant questions as follows with the following respected members.
Rashid Awan provincial Chief (SMEDA) KP- stated that complete documentation is required for grant eligibility, emphasizing that a collective stakeholder approach is vital for boosting SMEs. Collaboration between the government and private sector is essential to address SMEs challenges. Ashfaq Masood, Commissioner of Inland FBR KP, emphasized the importance of obtaining an NTN for entrepreneurs’ prosperity and the need to educate them about its significance. Asim Imam, Commissioner of RTS, endorsed facilitating and assisting SMEs through the Right to Services for optimal support.
Jalil, SVP of the Sharhad Chamber of Commerce, discussed the importance of collaboration between the government and private sector for the well-being of SMEs.
Iqbal AD TEVTA stated that academia can offer training programs, support entrepreneurship education, and foster partnerships that help SMEs access resources and knowledge, ultimately driving growth and competitiveness. Ms Nighat BOK A representative from the Bank of Khyber, discussed the bank’s role in facilitating loans and grants for SMEs and entrepreneurs, highlighting their commitment to supporting business growth and development.