The Dhaka Chamber of Commerce and Industry (DCCI) has opened a separate "SME Development Department," operating from June 1 this year to help its members of the cottage, micro, small and medium enterprises (CMSMEs) sector.
Amid the novel coronavirus pandemic, the government has already announced stimulus packages for the development of affected CMSMEs.
But there may be a few small entrepreneurs who might be deprived of getting this stimulus fund due to failing to complete proper documentation processes.
Considering the issue, the DCCI will guide its CMSME members through this department by providing necessary information on preparing proper documentation needed for getting stimulus from banks, said a press release on Thursday.
"The contribution of the cottage, micro, small and medium enterprises to our overall economy is undeniable. To strengthen our economy and to recover it from the coronavirus pandemic crisis, we need to give special consideration to the CMSME sector," reads the press release.
The DCCI has taken the initiative to facilitate its CMSME-based members so that they can avail the stimulus which the government has allocated, and accordingly can contribute to sustainable economic resilience.
The DCCI, the largest SME representative trade organisation in the country, has been relentlessly working for the development CMSMEs for more than six decades.