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ERKF Project organizes awareness seminar for local industrialists

ERKF Project organizes awareness seminar for local industrialists

PESHAWAR: Economic Revitalization of Khyber Pakhtunkhwa and FATA (ERKF) Project organized an awareness seminar regarding the projects for the Industrial Association Peshawar (IAP) here in Industrial Estate, Hayatabad and invite them to take benefit from the project.

Besides, the officials of ERKF Project and Senior Manager, SMEDA, Rashid Aman, Chairman, IAP, Zarak Khan, Vice Chairman, Haris Mufti, a representative of Khyber Pakhtunkhwa Economic Zones Management and Development Company (KPEZMDC), and a large number of industrialists also attended the seminar.

During the seminar, Project Manager, ERKF PU-SMEDA, Asad Mahmood gave a detailed briefing to the participants about the kinds of grants available under the project, SME eligibility criteria and necessary documents for the purpose.

He said that the applicant SME owner should be the citizen of Pakistan doing business in Khyber Pakhtunkhwa and FATA and the SME is affected is affected directly or indirectly by the conflict situation and or natural calamities.

The SME, he said employs minimum of 3 (including owner) and maximum of 200 individuals; the SME business began operation on or before May 1, 2014, SME has proof of doing business for at least one year, not a bank defaulter when it was operational, has not received/approved /rejected grant under ERKF-I and the SME business is not on the official negative list (arms and ammunition, explosives, radioactive substances, security printing, alcoholic and beverages etc.

The Project Manager, Asad Mahmood urged the participants for taking full benefits of the project. The participants of the seminar took keen interest in the briefing and asked different kind of questions regarding the project from the officials of the ERKF Project, which answered for their better guidance.

The Senior Manager, SMEDA, Rashid Aman briefed the participants about the facilitation offered by the authority for the promotion and development of SMEs in Khyber Pakhtunkhwa.