The EDPF supports activities of groups and institutions in the development and promotion of export products and provision of services to the export sector. The EDIF Board is responsible for disbursement of the EDPF and applicants seeking support from this facility must submit an application in the prescribed form to the EDIF Secretariat for consideration by the Board. EDPF Application forms are available at the Secretariat and applicants with approved applications are awarded grants to finance their projects. To date the EDPF has disbursed monies to several applicants including GEPC, ATAG, AGI, VEPEAG, PSI, AGOA and Ministry of Trade and Industry.
Scope of Operation
• Product Development and Promotion,
• Capacity Building , Market research and Development of Infrastructure
• Development and Promotion of other entrepreneurial activities
• Export Trade – Oriented Activities of Institutions
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Eligible Applicants
• Institutions, organisations, product and trade associations in both the Private and Public Sectors which provide services to the Export sector shall be eligible to access funding from the EDPF to finance their projects.
• The assistance provided under the EDPF is expected to benefit a group, sector or industry and not one exporter.
Submission, Evaluation and Approval of Application
• An applicant seeking support from the EDPF shall submit a request on a prescribed application form to the EDIF Secretariat.
• Appraisal, evaluation and approval or otherwise of the application shall be made within a reasonable period in compliance with the objectives of the Fund.
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Disbursement
Disbursement of funds in respect of approved applications shall be made in accordance with an agreed implementation schedule and progress of work.
Monitoring
shall visit/inspect each project at frequent intervals and compile reports.
Project completion report indicating inter alia, the impact of EDIF assistance must be submitted by beneficiaries.
The support granted to the groups/institutions is expected to lead to an increase in non-traditional exports. The value of additional export to be generated from the activities of the groups/institutions is expected to be substantial and more jobs created within a four-year period.
