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Entrepreneurial Development Centre

About the Entrepreneurial Development Center

The Institute of Private Enterprise Development is a National Development Institution whose core product is providing loans for Business Development in Guyana. The Entrepreneurial Development Center is a complementary service whose purpose is to improve the chances of the Entrepreneurs succeeding through the provision of Business Development Services. The Center targets both micro and s all entrepreneurs and facilitates training using the participatory methodology.

Impact

Through our intervention we anticipate:

Successful Business Clients: The success of a client will be measured using the following:

• Significant Poverty Reduction
• Successful micro and small entrepreneurs with increase profits and number of employees.
• Significant contribution to the economy as measured by the increase in the Gross Domestic Product.
• Increased exports of non-traditional products.
• Gender Equity: An increased number of women accessing loans and being successful in business.
• Amerindians accessing loans
• Youth: A significant increase in the number of youths being involved in business

Outcomes to be achieved by 2006:

• 4500 Entrepreneurs successfully applying Business Skills Training in Marketing, Bookkeeping, Costing and Administration.
• 600 clients have improved Market Access or Access to New Markets.
• 100 clients have successful new businesses in non-traditional products and services.
• 600 clients being able to use Technologies to improved their products of services

Outputs

• Clients have better understanding of management Skills i.e. marketing, bookkeeping, costing and administration.
• Clients accessing open channels to markets.
• Clients being able to identify Business Opportunities
• Clients being able to locate and use technologies to improve their business.

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