What is SME ?

SME stands for Small and Medium Enterprises, companies whose number of employees or income falls below certain limits. The acronyms can also stand for Short Message Entity in mobile technology or Society of Manufacturing Engineers in industry.


What is EEF ?

Equity and Entrepreneurship Fund (EEF) was introduced in the fiscal year 2000-2001 to encourage the investors to invest in the risky but otherwise promising two sectors, viz. software industry and food processing and agro-based industry. Bangladesh Bank (BB) is authorized by the Government to manage the EEF. This fund was started to increase investments in two promising industrial sectors viz.


The EEF of Bangladesh Bank (BB)

The Government had instituted the EEF in the early 2002 in an effort to make funding more widely available for agro-processing and information technology businesses in the country.  Agro-processing was thought to have been characterized by high risks, and therefore, a natural candidate for assistance through purposeful intervention.  IT and software was thought to be a newly emerging industry with relatively high entry barriers.  Small and Medium Enterprise Development Program (SMESDP) is in the process of preparing a somewhat more exhaustive narrative relating to EEF.

EEF loan at Bangladesh Bank (BB):



Objectives of EEF

Steps to be taken by the Bank/FI

Eligibility for EEF assistance

Investment Agreement

How much EEF assistance can you get

Application form for EEF

What to do by the entrepreneurs

EEF(ICT) Fund Usage Policy, 2012

Contact Address




Other Credit Schemes

Bangladesh Small and Cottage Industries Corporation (BSCIC) gives loan to micro-credit operations run by the Governmental departments with an outreach to artisans and rural producers.


List of banks in Bangladesh: http://en.wikipedia.org/wiki/List_of_banks_in_Bangladesh

SME Financing: http://newagebd.com/newspaper1/archive_details.php?date=2011-10-12&nid=36613

Bank loan information: http://listofbanksinbangladesh.com/

Scheduled Banks in Bangladesh: http://www.bangladesh-bank.org/links/links.php?ltype=1

Policy and relevant information on SME: http://www.bangladesh-bank.org/sme/index.php


You may download SME Finance related circulars by Bangladesh Bank at:



Preparing Yourself for SME Financing

To avail these SME finance, you have to plan for a business with necessary legal papers.