The UN Development Programme (UNDP) and Khmer Enterprise (KE) signed a partnership to promote entrepreneurship training for Cambodia’s young entrepreneurs and to support the development of the SME sector in the country.
KE is an implementation unit of the Entrepreneurship Development Fund established by the Ministry of Economy and Finance.This partnership aims specifically to ensure that Cambodia’s next generation of entrepreneurs are well-equipped with practical world-class training and mentorship, and have access to suitable funding and investment readiness support at the early stages of their startups.
The partnership also lays the foundation for United Nations Develop- ment Programme Cambodia and KE to re-enforce their common efforts in improving the SME ecosystem through providing technical and financial support to SMEs in priority sectors, including e-commerce and sustainable SME cluster development.
Nick Beresford, UNDP Resident Representative, said that UNDP is very pleased to partner with Khmer Enterprise to create opportunities, and to provide training and support to help the next generation of young entrepreneurs and professionals develop and thrive.
“Never has it been more important to invest in young people and their talent and energy as we find ways to manage and recover from the COVID-19 crisis,” said Beresford.
Applications for the programme were opened this month and will remain open until the first week of June.