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SIDO was established in October 1973 as a parastatal organisation under now Ministry of Trade, Industry and Marketing. Its objective was to develop the small industry sector in Tanzania. It was expected to fulfill a very wide range of functions, from policy formulation to direct support to industries, to hands-on involvement in the establishment of SMEs in both rural and urban areas. See SIDO Vision, Mission and Objectives
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Nature of Work The central purpose and role of SIDO is to create and sustain indigenous entrepreneurial base through the promotion and support to the development of SME’s by providing them with Business Development Services and Specific Financial Services on demand. Priority is given to productive economic sectors that contribute to wealth creation.
SIDO has Regional Offices in every region of the mainland with professional staff. Most of these Regional offices have industrial estates with workshops available to local SMEs at economic rates. |