Mennonite Economic DevelopmentAssociates of Canada
$20,931,987.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Kenya
- Fiscal year
- 2015-2016
- Agreement period
- July 21, 2015 – July 31, 2022
- Project status
- Closed
- Reference
- CA-3-D000375001
Published purpose
The project aims to create sustainable economic growth and reduce economic disparities by supporting the development of profitable, competitive small- and medium-sized enterprises (SMEs) in the agriculture, construction and extractives sectors in Kenya. The project expects to reach 20,000 women and men entrepreneurs to manage successful businesses and sustain the profitability and competitiveness of 250 targeted SMEs/lead firms who respond to market opportunities. Project activities include: (1) conducting a study on the supply chains, or sequence of processes involved in the production and distribution of commodities, in the agriculture, construction and extractives sectors; (2) training and providing advisory services to small entrepreneurs to help them improve their business plans, business models and market analyses; (3) establishing strategic alliances among small entrepreneurs, traders, SME suppliers, and financing entities; and (4) facilitating Kenyan private equity investment firms' investment in frontier SMEs.
In plain English AI-generated
This project supports sustainable economic growth in Kenya by helping small- and medium-sized enterprises in agriculture, construction, and extractives sectors, aiming to benefit 20,000 entrepreneurs and 250 firms.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
Community tags
Tags are applied by readers, not by this site. One tag per person per record.