This is a call for non-repayable funds to small and medium-sized enterprises in Ecuador that seeks to strengthen and energize the market systems and promote the labor inclusion of people in human mobility and in vulnerable situations.
Apply for EDFOverview
IOM’s Enterprise Development Fund (EDF) is an innovative programme that supports livelihoods at the community level through private sector revitalization and economic development by targeting small and medium-sized enterprises (SMEs).
The EDF provides financial capital to SMEs in the primary, secondary, and tertiary economic sectors that have a high demand for labour, with the objective of supporting economic recovery and inclusive economic development.
Concurrently, targeting key sectors and businesses with the greatest potential to create jobs, the EDF encourages rapid and large-scale job creation.
The EDF has evolved and expanded over the years to address various socio-economic contexts globally. In Ecuador, the EDF will be piloted for the first time in 2023 and 2024 to support a minimum of 10 SMEs and create sustainable and durable jobs.
The EDF’s strength lies in its systematic structures that are compartmentalized into different processes to ensure accountability and flexibility to adapt and evolve. Since its establishment, the EDF has been launched in five countries and continues to grow to this day, with strong foundation on research, market studies, and lessons learnt.
EDF helps businesses to expand and grow and create jobs.
Evidence based.
Underpinned by robust information management systems and market data.
Scalable, flexible and adaptable.
Comprehensive due diligence processes reduce risk and ensure accountability.
Market assessment -
Market Analysis in the Metropolitan District of Quito
