What does EDPF mean in DEVELOPMENT
The Enterprise Development Promotion Facility (EDPF) is an initiative by the African Development Bank to support, promote and empower small and medium-sized enterprises in Africa. The EDPF was established in 2006 with the aim of creating employment opportunities, empowering entrepreneurs, promoting innovation and improving technology.
EDPF meaning in Development in Community
EDPF mostly used in an acronym Development in Category Community that means Enterprise Development Promotion Facility
Shorthand: EDPF,
Full Form: Enterprise Development Promotion Facility
For more information of "Enterprise Development Promotion Facility", see the section below.
» Community » Development
Essential Questions and Answers on Enterprise Development Promotion Facility in "COMMUNITY»DEVELOPMENT"
What is the purpose of the Enterprise Development Promotion Facility?
The purpose of the Enterprise Development Promotion Facility is to support, promote and empower small and medium-sized enterprises in Africa by creating employment opportunities, empowering entrepreneurs, promoting innovation and improving technology.
Who created the Enterprise Development Promotion Facility?
The Enterprise Development Promotion Facility was created by the African Development Bank in 2006.
How does the EDPF promote entrepreneurship?
The EDPF provides a range of services that help entrepreneurs to develop their businesses such as access to finance, mentorship programs, business training courses and networking events.
What kind of businesses does the EDPF target?
The EDPF targets small and medium-sized enterprises in Africa that have potential for growth but lack adequate access to essential resources needed to become successful.
Are there any other benefits of using the EDPF?
Yes, other benefits include access to specialized consultants with industry-specific knowledge, technical assistance when needed, and increased visibility through promotional campaigns.
Final Words:
Through its support services and resources provided through the EDPF initiative, small and medium-sized enterprises can gain access to important resources needed for success while providing more employment opportunities throughout Africa.