SME Foundation is an independent and non-profit organization. It was registered with the Ministry of Commerce on 12 November 2006 and with the Joint Stock Company under the Companies Act, 1994. And it officially started its journey on May 30, 2006. The SME Foundation plays an important role in the development of small and medium enterprises and in the development of standards. It organizes various training programs on related topics for small and medium enterprises and especially for women entrepreneurs. The SME Foundation has taken necessary steps to enable small and medium enterprises of the country to make significant contribution in alleviating poverty and economic development of the country .