The National Productivity Organization (NPO), in collaboration with the Asian Productivity Organization, introduced a special fund to help small and medium enterprises (SMEs) recover from the impacts of COVID-19. This initiative, called the Business Recovery and Resilience Fund, provided grants between Rs. 150,000 and Rs. 1,000,000 for eligible projects. To encourage commitment, participating SMEs were required to contribute at least 30% of the total project cost.
The fund aimed to support two key areas: improving business operations through expert guidance and training, and helping companies purchase essential equipment to enhance productivity. Sectors such as textiles, construction, ICT, hospitality, healthcare, agriculture, manufacturing, and services were given priority.
SMEs applying for the fund had to be legally registered, hold a National Tax Number, and be in operation for at least one year. The funding process included reimbursement or phased disbursements, and equipment purchased under the scheme remained under NPO’s ownership for one year to ensure accountability.
By combining financial aid with technical support, the SME Fund aimed to build long-term resilience. It empowered small businesses to regain stability, strengthen performance, and contribute more effectively to the national economy during and after the pandemic.
The fund aimed to support two key areas: improving business operations through expert guidance and training, and helping companies purchase essential equipment to enhance productivity. Sectors such as textiles, construction, ICT, hospitality, healthcare, agriculture, manufacturing, and services were given priority.
SMEs applying for the fund had to be legally registered, hold a National Tax Number, and be in operation for at least one year. The funding process included reimbursement or phased disbursements, and equipment purchased under the scheme remained under NPO’s ownership for one year to ensure accountability.
By combining financial aid with technical support, the SME Fund aimed to build long-term resilience. It empowered small businesses to regain stability, strengthen performance, and contribute more effectively to the national economy during and after the pandemic.