According to the bank, the N23bn issued would be used to expand its capacity to provide funding for Micro, Small and Medium Enterprises (MSMEs) in facilitation of its main corporate goal.

Source: https://bizwatchnigeria.ng/development-bank-dbn-raises-n23bn-for-small-scale-businesses/?utm_source=rss&utm_medium=rss&utm_campaign=development-bank-dbn-raises-n23bn-for-small-scale-businesses&utm_source=rss&utm_medium=rss&utm_campaign=development-bank-db

In a bid to strengthen the Micro, Small and Medium Enterprises sector in Jharkhand, the state government is planning to set up a MSME directorate and increase the capital subsidy from 25 per cent to 40 per cent.

Source: https://indianexpress.com/article/cities/jharkhand-set-up-msme-directorate-cm-hemant-soren-8632887/

Similarly, it has been decided to give a one per cent interest rebate on loans for Micro, Small and Medium Enterprises (MSMEs) and small traders and to give tax relief to MSMEs with a turnover of three crore rupees."

Source: https://www.freepressjournal.in/india/bjp-has-not-stopped-anyones-voice-but-some-people-deliberately-try-to-defame-india-on-intl-stage-rajnath-singh-slams-rahul-gandhi