The Swiss State Secretariat for Economic Affairs SECO is increasing its support for small and medium-sized enterprises (SMEs) in Central Asia with a €4.5 million contribution to the work of the European Bank for Reconstruction and Development (EBRD) Small Business Initiative (SBI) in the Kyrgyz Republic and Tajikistan.
This strategic Initiative focuses on providing SMEs with support including loans and investments through financial institutions and risk-sharing facilities as well as direct financing. It also assists SMEs with business advice through local consultants and international experts to improve their competitiveness, innovation and growth.
The new funding from SECO through the EBRD Small Business …read more
Source: Kabar News Agency
