A training institute and a testing lab will be set up for garment accessories and packaging sector under the Bangladesh Inspired Programme.
The programme was launched by Bangladesh Inspired Project of the Bangladesh Garments Accessories and Packaging Manufacturers & Exporters Association (BGAPMEA) at a city hotel Saturday.
The Bangladesh INSPIRED (Integrated Support to Poverty and Inequality Reduction through Enterprise Development) Programme aims to reduce poverty by supporting development of SMEs (Small and Medium Enterprises) in the country. For strengthening national capacity to plan and implement SME development, an SME Competitiveness Grant Scheme of €6.5m will be provided to Business Intermediary Organisations (BIOs) such as chambers of commerce and industry or cluster associations to work with groups of SMEs to improve their competitiveness in the sectors of agro-processing, leather, furniture and textiles.
An agreement on the project was earlier signed by Ministry of Industry, the European Union and BGAPMEA. The total duration of the project is 30 months.
The project also aims to enhance competitiveness and sustainable pro-poor growth of SMEs in selected sub-sectors of the economy. This project is mainly funded by the European Union (EU).
It is managed by the SME Cell of the Ministry of Industries. The SME Foundation, Bangladesh Bank, Bangladesh Bank Training Academy (BBTA) and Bangladesh Institute of Bank Management (BIBM) are other stakeholders.
Training, testing facilities soon
FE Report | Published: May 18, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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