Enterprise Dev (FY00)

closed

The Enterprise Development Project aims to broaden the base of private participation in Mozambique's economic growth. The project consists of three components: 1) The technical learning in firms component will focus on building the technical capabilities of majority Mozambican-owned firms in manufacturing and exports. The component will support the establishments of the Firm Competitiveness Office, Training and Advisory Office, and Linkage Program Office. All three foster technical learning through the private marketplace. 2) Under the finance component, two financial products will be available for firms in all sectors -- a special facility designed to provide small, first-time bank borrowers with loans amounting to a maximum of $15,000; and a traditional facility to finance loans up to $300,000 for small and medium-scale borrowers. 3) The institutional capacity building component will enhance the capabilities of private and public institutions to deliver business support services; and support Government agencies in their transformation process from maintaining control functions to providing business facilitation and promotion services, including improving their capability to identify and ease bureaucratic rigidities.