Canada to Support Women Entrepreneurs

by zemen

Canada’s Department of Foreign Affairs, Trade & Development (DFTAD) has signed a 5.6 million dollars grant with UNDP Ethiopia to build the entrepreneurial capacity of around 25,000 Ethiopian women and female youth.

The project support women and will also contribute in improving the profitability and competitiveness of small and micro enterprises and create new jobs. The support will be provided through an Entrepreneurship Development Program (EDP), which was officially launched by Prime Minister Hailemariam Desalegn in early 2013.

The EDP seeks to support entrepreneurship development and job creation in the country by increasing the competitiveness and profitability of the Ethiopia’s micro & small enterprises (MSEs), especially those owned by women and youth.

According to the 2013 national Labor-force survey, national figures for employment at a managerial level puts women’s participation at five times less than that of their female counterparts while women make up the majority of those holding low end occupations.

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