OSMEP's missions are formulating SMEs Promotion Master Plan and SMEs Promotion Action Plan and producing policy recommendations for the improvement of laws and regulations in concern with the SMEs; propelling, supporting and developing the SME promotion systems and integrating the SME promotion works of all public and private agencies, domestically and internationally, to ensure their accomplishment in line with the SMEs Promotion Master Plan and the SMEs Promotion Action Plan; developing SME knowledge and database to support SME policy recommendations and SME promotion work; and administering the SMEs Promotion Fund so as to be a tool for an effective SME promotion.