Small and Medium Enterprises Development Institute

1.      INTRODUCTION

The Small and Medium Enterprise Development Institute (SMEDI) is a governmental organization established under the Trustees Incorporation Act (Cap. 5:03) of the Laws of the Republic of Malawi. It was established after the merger of MEDI, SEDOM and DEMAT as from 1st February 2013. SMEDI has its headquarters in Lilongwe, Area 13 in the Green Heritage Building, with three regional offices in Mzuzu, Lilongwe and Blantyre and Enterprise Development Centre (EDC) in Mponela, Dowa.

 

 

2.      MANDATE

The strategic goal for SMEDI is promotion of the development and growth of MSMEs in Malawi.

 

a)      MISION STATEMENT 

To promote the development and growth of Micro, Small and Medium Enterprises (MSMEs) in Malawi through coordination and provision of demand driven business development services and enterprising information.

 

b)     VISION

 

To be a leader in the promotion of MSMEs development in Malawi.

c)      VALUES

·         Teamwork

·         Integrity

·         Excellence

·         Demand driven

·         Innovativeness

·         Partnerships

·         Ownership and Commitment to service

 

d)     MOTTO

Towards vibrant Malawian MSMEs for sustainable economic growth

 

3.      STRATEGIC AND FUNCTIONAL REVIEW

SMEDI has just undergone a strategic and functional review and several outcomes have emerged to align SMEDI activities with national priorities and strategies which include; MGDS II, Vision 2020 National Export Strategy and Economic Recovery Plan.

 

As a result of the strategic and functional review four core departments have been created and these are:

 

3.1          Department of Business Training Coordination

This department focuses on entrepreneurship and business management training coordination services for start up and existing businesses. The training coordination directorate pursues the following responsibilities:

a)       Conduct training programs to trainers of prospective entrepreneurs and start-ups in areas such as developing a business plan, gaining access to start up capital etc.

a)    Assess training requirements of MSMEs in particular areas of interest and compare these needs with current offerings of service providers in these areas.

b)      Identify potential service providers to close gaps in MSMEs training and collaborate with them to offer required training programs.

c)      Accredit trainers prior to qualifying for listing in the MSMEs business network directory or being recommended as an official trainer to MSMEs after training.

 

3.2         Department of Business Information ClearingHouse

This department focuses on Provision of business information to startup and existing businesses.

The Information clearing house directorate will pursue the following responsibilities:

a)      Prepare and distribute basic information on starting and managing a business at regional and head offices and the SMEDI website, using factsheets/brochures on different topics.

b)      Provide information on incentives available to MSMEs such as benefits of cooperative formation, tax and business registration, and having products certified by MBS.

c)      Provide information on the requirements and processes involved in securing tenders and preferential procurement contracts offered by government to MSMEs as presently no information is provided to MSMEs on tenders or preferential government procurement contracts.

d)     Respond to general business queries.

e)      Contribute to a MSMEs business network directory.

f)       Provide direct linkages to institutions that offer services to start-ups and established MSMEs.

g)      Information, communication and technology services.

h)      Operate a one stop information centre for MSMEs start-ups.

i)        Provide information on market opportunities in key sectors and specific chains provided in the National Export Strategy.

j)        Prepare and publish reports on MSME sector trends and activities.

k)      Website and information portal development.

l)        Awareness campaigns and sensitization to MSMEs of the availability of services in their areas and industry.

 

3.3         Department of Planning and Research

This department focuses on business research and advocacy to aid business plans. The directorate will pursue the following responsibilities:

b)   Carry out surveys on particular topics relating to MSMEs and compile data which will be used by other departments for planning and execution of SMEDI’s goals.

c)    Proactively plan and carry out assessments needs and data collection for different industries in order to ease the burden of looking for information by the other departments within SMEDI.

d)   Act as a centre of data storage for SMEDI.

e)    Identification of areas in which SMEDI can support implementation of MSMEs policy.

f)     Coordinate quarterly meetings for small business forum.

g)   Formal assessment of MSMEs financial needs.

 

3.4          Department of Finance, Administration and Internal Audit

The Finance, Administration and Internal Audit directorate provides support services in the following areas:

a)      Financial Management services.

b)      Human resources services

c)      Procurement and stores management services

d)     The provision of administrative and office services.

 

3.5         Enterprise Development Centre (EDC) - Mponela

This is a training arm of SMEDI with the necessary facilities for training sessions and focuses on the provision of Entrepreneurship and Business Management trainings and Business coaching and mentoring.

 

3.6        SMEDI OFFICES

Head Quarters

The Chief Executive Officer

Area 13

Green Heritage Building, Ground Floor

Private Bag 393

LILONGWE 3

Tel: 01 774 522

Fax: 01 773 230

 

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