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Punjab Small Industries Corporation (PSIC) is a Statutory Body Corporate established under the Punjab Small Industries Corporation Act, 1973 for promotion of Small Scale Industry through:

a. Infrastructural facilities through establishment of Small Industrial Estates.

b. Establishment of Industrial Support Centres /Cluster Development Centres.

c. Development and promotion of Handicrafts/Crafts.

d. Credit Assistance to establish and promote small, cottage and household industries.

e. Census and Survey of Small Scale Industries.

Punjab Small Industries Corporation (PSIC) designed a scheme titled “Financial Support for Cottage Industries / Cluster Development” to provide credit to cottage industries in specified clusters of 12 Districts of Punjab with the revolving funds of Rs.300.00 million. Under the scheme loan upto Rs.300,000/- will be provided to eligible individuals with the repayment period of three (03) years.