ADB Grant 0290 MLD: Inclusive Micro, Small and Medium Enterprise (MSME) Development Project - Project Management Consultancy Services
Client
Asian Development Bank (ADB)/ Ministry of Economic Development (MED)
Country
Maldives
Value
US$ 1,805,231
The assignment involved successful operationalization of an MSME development program including a network of 7 BDSCs and 2 Business Incubator Program with matching grant facilities. The major components of the project are:
Component 1: Strengthening of Business Development Services - This focuses on institutional strengthening of Business Development Service Centers (BDSCs) and Business Incubator Program.
Component 2: Project Management Unit Support Services - This involves providing overall project management and implementation support to the MSMEDP through the Central PMU at the MED.
Component 3: Legal Support Services – This involves strengthening program implementation capacity and enhancing enabling environment for MSME development.
Component 4: Credit Guarantee & Access to Finance Services - This involves providing operationalization assistance to a credit guarantee scheme and initial handholding support.