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DFID supports 421 SMEs with financial, logistics support


Monday, 09 October 2017

DFID supports 421 SMEs with financial, logistics support

Four hundred and twenty-one small businesses received financial and logistical support from the United Kingdom’s Department for International Development (DFID) from 2014 to 2017 to develop and implement their business ideas, the Country Director of DFID, Mr Philip Smith, has said. The support, he said, had resulted in over 250 per cent revenue growth of such businesses that had in turn created 1,203 jobs in the country. The DFID’s Enhancing Growth in New Enterprises (ENGINE) programme, which includes 700 female entrepreneurs, aims at bringing together a network of entrepreneurs, government, financial institutions and business development service providers to find common solutions to entrepreneurship development challenges.

Source: www.ghanaweb.com