and Small Industries Development Organization (SIDO) to help youth and people with disabilities benefit from the Sh23bn offered by the Canadian Government.
Permanent Secretary in the ministry of Industry, Trade and Investment Dr Adelhem Meru made the call recently at the official launch of Tanzania Local Enterprise Development project (T-LED) in Dar es Salaam.
T-LED is an innovative project funded by Canada Government through Global Affairs Canada (GAC) and will be implemented by Volunteer Service Overseas (VSO), CUSO International, TWCC, TCCIA and SIDO.
The move comes as Canada government wants to recognise SMEs importance in driving economic growth and poverty reduction.
The Ps said by equipping Tanzanian entrepreneurs, especially women with tools to start and grow their businesses, they are also supporting their ability to boost economic growth and bring about positive change in their home and communities.
According to him, TWCC, TCCIA and SIDO need to ensure that gender balance is considered in executing the project by also involving people with disabilities.
The project will focus also focus on medium-sized enterprises to overcome the existing barriers such as capacity building, access to technology and finance as well as training and marketing of their products in order to meet international requirements.
SMEs in the country like any other developing country face a lot of hurdles and financial barriers in their day to day operations.
“This project will therefore bridge that gap” the Ps noted.
Meanwhile SIDO’s Director General Eng. Omar Bakari expressed his gratitude towards Canadian government saying it will help to improve the lives of the majority citizens.
The five year project aims to create 2500 jobs by working with small businesses to access while linking them t the markets.