Enterprise Development Fund  



Objectives
Who can apply?
What does EDF offer?
Individuals or Groups?
Eligible Activities
Ineligible Activities
Assessment Process
Application Procedure
On-Line Application
Contact Persons
Assessment Process

  EDF Process and Procedures     EDF Client Guideline & Application  

Each application will be assessed against the following key areas:
Alignment to long term Assessed Needs & Client Development Plan : The project objectives should aim to overcome barriers to growth identified in the initial assessment process and should be a mutually agreed priority project for the client.
Impact of EDF support : The project must have good and sustainable commercial potential and add value to the current business activities of an existing enterprise. For example the activities for which funding is sought can be to explore a new market or obtain advice on new product development / service.

The fund is available for additional activities only – not to subsidise the cost of activities that would have occurred without assistance. So, the proposal should demonstrate that it would :

  • increase the probability of success (how likely)
  • accelerate the achievement of success (how speedy)
  • increase the magnitude of success (how much)
  • increase the ongoing nature of success (how long)
Ability to Implement : Applicants must demonstrate that they have the capacity and capability (including financial and planning support) to implement and carry the project. Should the human resources not be readily available, the applicant must demonstrate what steps are being taken to prepare the necessary in-house resources.
Potential to Improve Business Performance : The project or activity must be capable of generating high returns, or high levels of growth for the applicant, once completed.
Robustness of Proposal : The applicant must provide evidence that the project/activity is relevant to the business/opportunity and demonstrate a clear method of delivery.
Net Economic Benefit : The project must reflect limited displacement towards more profitable operations within the sector of operation of the enterprise. It should highlight the potential benefits towards the national economy.