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BACKGROUND
Private sector enterprises are the major driving forces of national economy. Despite this fact, the desired growth and profitability of our enterprises have been retarded by a number of factors, including:
Lack of innovative technology, know how and best practice required for sustained growth
Lack of skilled human resources to produce better quality goods and services
Lack of information about the prospects of any sector
Lack of information about potential foreign partners, who can provide technology and marketing support
Keeping these in mind, the Local Enterprise Investment Centre has been created to support local SMEs for overcoming the constraints and grow faster.
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LEIC is managed by IDLC Finance Limited with contribution from the Canadian International Development Agency (CIDA)