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SMALL AND MEDIUM ENTERPRISES AGENCY OF NIGERIA (SMEDAN)

The mandate of SMEDAN as contained in the enabling Act can be summarized as follows:

  1. Stimulating, monitoring and coordinating the development of the MSMEs sub-sector;
  2. Initiating and articulating policy ideas for small and medium enterprises growth and development;
  3. Promoting and facilitating development programmes, instruments and support services to accelerate the development and modernization of  MSME operations;
  4. Serving as vanguard for rural industrialization, poverty reduction, job creation and enhanced livelihoods;
  5. Linking MSMEs to internal and external sources of finance, appropriate technology, technical skills as well as to large enterprises;
  6. Promoting and providing access to industrial infrastructures such as layouts, incubators, industrial parks;
  7. Intermediating between MSMEs and Government [SMEDAN is the voice of the MSMEs];
  8. Working in contact with other institutions in both public and private sector to create a good enabling environment of business in general, and MSME activities in particular.