Mozambique: Catalytic Fund Identifies Companies to Benefit From 7.5 Million Dollars

Maputo — The Mozambican government initiative for small and medium-sized enterprises, the Catalytic Fund for Innovation and Demonstration (FCID), has already identified 40 enterprises that must draw up full proposals in order to have access to a fund of 7.5 million US dollars.

The FCID is a competitive, demand-driven fund with a selection process based on evidence that demonstrates business practices with benefits for small producers or small and medium-sized enterprises.

According to project…