Enterprise Development

Micro Small Medium Enterprises creates a large percentage of employment in the Maldives and play an essential role in securing income and employment for many through creation of new jobs and opportunities as well as a key contributor for the overall economic growth of the country.

 

Ministry of Economic Development in close collaboration with Asian Development Bank and Islamic Development Bank are trying to overcome the constraints faced by MSMEs in Maldives and working towards a sustainable economic growth model by providing financials schemes, interventions on improving business environment and increasing access to Business Development Services.

 

Enterprise Development (ED) will be focusing on understanding the challenges faced by the SMEs and working towards addressing these challenges by providing technical support through the 7 business centers established covering every atoll and every inhabited island in Maldives and also introducing various micro finance schemes for the overall economic growth and to support in creating a sustainable environment for SME growth.