Small and Medium Enterprises Development Authority and Pakistan Stock Exchange are in collaboration through a Memorandum of Understanding to facilitate SMEs through capacity building and awareness creation to explore equity financing as a means to finance their businesses.
Access to affordable long-term finance is one of the biggest barriers to development of Small and Medium Enterprises (SMEs). In addition to the most common used methods of acquiring finance such as borrowing from friends and family, informal sources from the market and formal sources through financing institutions, SMEs can also raise capital through enlistment on the Pakistan Stock Exchange (PSX).
Pakistan Stock Exchange has initiated a ‘Growth Enterprise Market’ (GEM) Board for the purpose of facilitating SMEs to enlist and raise capital for financing their business expansion and growth initiatives. GEM Board is a listing platform aimed at facilitating growth-oriented businesses whether small, medium or greenfield businesses to raise capital to fund their growth and expansion plans.
For information, please follow the links below:
Some useful links for more information: