MIC Grant for Mirco, Small and Medium Size Entreprises Development Throught Business IN


Overview

  • Reference: P-CV-KB0-002
  • Approval date: 08/03/2013
  • Start date: 17/07/2013
  • Appraisal Date: 08/02/2013
  • Status: OngoingOnGo
  • Implementing Agency: MINISTERE DES FINANCES ET DE L'ADMINISTRATION PUBLIQUE DIRECTION GENERALE DU
  • Location: Cape Verde

Description

The project has two components: i.The first is Incubator Development, which will involve providing technical assistance for business development services, access to finance, access to markets, as well as ICT and office facility solutions. ii.The second component is Capacity Building on business development for the staff of the incubators by reinforcing ADEI's human resources through the involvement of BDS firms, private sector and civil society partners, including training institutions.


Rationale

The broad development objective of this project is to foster entrepreneurship and sustainable private sector development for inclusive economic growth. The specific objective is to facilitate the emergence, development and sustainability of enterprises and thereby create new jobs by helping entrepreneurs establish new sustainable micro, small or medium-sized enterprises.


Benefits

The proposed project will enable ADEI to create new business incubators which will help micro, small and medium-sized enterprises to develop or stay in business through the facilitation of access to finance and access to markets, the provision of business development and business support services, ICT and office facility solutions.


Key contacts

MAHDI AHMED ISMAIL Mahdi - OSGE1


Costs

Finance source Amount
MICFUAC 773,659
DeltaUAC 341,421
TotalUAC 1,115,080