Innovative,Thriving and Sustainable MSMEs for Economic Development by 2030.

Our Mission

To provide inclusive financial, infrastructure and capacity building products or services that promote the establishment and growth of MSMEs

Our History

The Small and Medium Enterprises Development Corporation (SMEDCO) was formed in 1983 through an Act of Parliament and is a parastatal which falls under the Ministry of Women Affairs, Community, Small and Medium Enterprises Development. The organization began operations in April 1984. The institution changed its name from Small Enterprises Development Corporation (SEDCO) to Small and Medium Enterprises Development Corporation (SMEDCO) following amendments to the SMEs Act [chapter 24:12]in February 2014. SMEDCO is a development finance institution which primarily exists to promote the development of micro, small and medium enterprises and co-operatives in the country, through lending and capacity building.

Our Values