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:: Cottage Industry & Small and Medium Enterprises (SMEs)
Cottage Industry
A cottage industry constitutes a small group of not more than
5 persons, who use their in-house skills and ingenuity to
generate a product or service which can be sold. Owner(s) and
manager(s) must be active in the business. The operation of the
business must take place at the home of the owner(s) or
manager(s).
Small and Medium Enterprises
'Small and Medium Enterprise' means a business carried on by the
owner himself or in partnership and the number of persons
engaged in the business activity including the owner or owners
does not exceed five.
The Small Enterprise Promotion Agency(SEnPA) implements the
policy and strategies pertaining to small enterprises, crafts
and cottage industries, guides the development and maintenance
of infrastructures and provides training and assistance in
business matters to small enterprises, crafts and cottage
industries.
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