Showing posts with label Matching Grant Facility. Show all posts
Showing posts with label Matching Grant Facility. Show all posts

Thursday, December 29, 2011

BOOMING TIME FOR THE PRIVATE SECTOR

ENTERING 2012 WITH HOPES AND ASPIRATIONS
The Gambia Government has launched a project to provide matching grant support to qualifying Micro, Small, and Medium Enterprises (MSMEs) and eligible private enterprises to become more competitive, grow their businesses, create jobs and increase household incomes.

The launching of the Matching Grant Facility on 27 December,  according to the Minister of Trade, Industry, Regional Integration and Employment, “signifies that we will be entering 2012 with hopes and aspirations to become better entrepreneurs with resolutions of creating employment, better services and sustained wealth for improved livelihood of the Gambian people”.

Gambia's Trade Minister, Hon. Kolley
In his launching statement at the Kairaba Beach Hotel recently, Trade Minister Abdou Kolley said the project would help The Gambia’s private sector to successfully partake and grow in the domestic and international market.

The Matching Grant Facility (MGF) is a sub-component of the World Bank-funded Growth and Competitiveness Program.  It seeks to confirm long-term sustainable job creation and income generation by providing enterprises in The Gambia with the necessary assistance to facilitate growth of their business in a planned, business-savvy manner.