Centre for SME Growth and Development Finance (CESMED), is an international advisory, development, training and research institution at Mumbai, India. CESMED with its twin objectives, aims at promoting competitive and dynamic micro, small and medium enterprises (SME) sector and complementing the role of banking and financial system through suitable capacity building programmes.
CESMED activities are mainly directed by its founder Chairman Dr. Sailendra Narain, a development banker with over three decades of professional career in banking and finance. An Advisory Board consisting of eminent experts form India and abroad provide overall guidance. CESMED maintains a panel of international experts and their services are commissioned for projects/programmes on need-based basis.
CESMED and its experts are increasingly being called upon by various governments (especially Asian and African countries); major organizations of the United Nations such as UNIDO, UNDP, UNCTAD, UN-ESCAP; international development agencies, such as Gtz-Germany, World Intellectual Property Organisation (WIPO), Swiss Agency for Development and Co-operation (SDC), World Economic Forum (WEF); renowned universities (Harvard, University of California); specialized financial institutions, B-Schools and technical institutions (like IIMs and IITs in India), for collaborative programmes mainly relating to promotion of SME sector in developing economies and capacity building of development financial institutions.