Posted on : July 2, 2018

The Thimpu-based SAARC Development Fund will soon be launching a social enterprise development programme (SEDP) to fund 80 entities annually across the 8-member states including India.

The programme will be implemented in all the SAARC member states with the objective of identifying and building social enterprises by using a mix of grants and concessional returnable capital. The intent is  to fund around 80 enterprises across the 8 SAARC member states annually.

73.74 million dollars have been committed for social window projects and 12 regional projects are currently being implemented.