Matching Grant Facility (MGF)

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Matching Grant Facility (MGF)
  • Supported 312 Micro, Small and Medium Enterprises (MSMEs) in the selected priority sectors of Agribusiness, ICT, Tourism and Fisheries.
  • 288,000 direct beneficiaries under MGF out of which 51% are females.
  • 2,640 new jobs were created by the benefitting MSMEs a 27% increase from 7,109 in 2010 to 9,749 in 2019.
  • Sales for supported enterprises increased by 18% from US$ 140M (2010) to US$165M (2019); exports value increased by 11%from US$ 132M (2010) to US$146M (2019).

The MGF component was successfully implemented and closed and independent assessment of the MGF was undertaken. The overall assessment and rating was highly satisfactory.

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