The project aims to contribute to Tanzania’s economic growth and increase job creation by sustainably improving the business performance of small, growing businesses (SGBs) and small entrepreneurs (SEs). MEDA will work with local partners to provide business development services and support market development. MEDA will also help financial institutions improve access to financial services in the extractives, agri-food, logistics, construction, and manufacturing sectors.The project will focus on three economic growth corridors across southern and eastern Tanzania. MEDA will design and implement programs offering competitive access to smart incentives, encouraging business alliances, and developing industry and private sector partnerships linking SGBs to SEs and the end market. The project will take promising businesses to the next level with e-voucher purchase incentives, matching grants and access to financial services backed by guarantees.
Project Quick Facts
Goal: The ultimate outcome of the project is to increase the contribution of small entrepreneurs and small, growing businesses to Tanzania's economic growth.
Reaching: 250 small, growing businesses and 10,000 small entrepreneurs
Funding: Global Affairs Canada (GAC), MEDA
Project length: April, 2015 to March, 2021
Project undertaken with the financial support of the Government of Canada provided through Global Affairs Canada