Session by Punjab Small Industries Corporation
Wednesday, 22 January 2020
Placements Office conducted a session in collaboration with the
Pakistan's Government regarding the Punjab Small Industries Corporation (PSIC)
on the 22nd of January 2020 in Lahore School of Economics Burki Campus, TRC 5.
PSIC has taken an initiative to empower skilled youth by
introducing different loaning schemes up to PKR. 3 million on easy terms and
conditions for Entrepreneurs and SME Businesses in different clusters and
sectors.
The speaker Saim Masood Ejaz, shed light on the importance of
entrepreneurship and how the government is facilitating in terms of providing
different loans based on the various startups ideas people come up with and
also providing incubation space.
The key focus of the session was on the recent transition of
uplifting cottage and handicraft industry in the provisions of loans, business
development support, handicraft product development, and infrastructure support
to Entrepreneurs and Small & Medium Enterprises (SMEs).
Furthermore, it was also explained that PSIC has launched an
awareness campaign for university students with objectives of giving awareness
to youth about the initiative being taken by Government of the Punjab, to
empower them to be self-employed, to promote the cottage and handicraft
industry which is rich with culture, letting skilled youth know about potential
demand in different clusters and sectors of Punjab and assuring the financial
component to be fully supported by PSIC on easy terms and conditions.
The session was followed by a Q&A session and tea.
posted by The Placement Office @ 15:27,
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