Programme's Efficiency

The MEDEP integrated approach, combining entrepreneurship training, technical skills training, micro-finance access, market linkages, and considerable on-going advice and encouragement to new entrepreneurs have significant upfront costs. However, MEDEP's reliance on Enterprise Development Facilitators who are locally resident, its consolidation of some management functions from the 20 MEDEP districts to five Area Programme Support Offices (APSOs), and other cost-efficient strategies helps minimize the expenses, even for a complex project. Most important is that the costs are offset by the low drop-out rate among MEDEP entrepreneurs that results in a relatively low "unit" cost. The average cost of US$ 425 (Rs 28,000) per MEDEP entrepreneur is quickly surpassed by the value of the annual increase in the entrepreneurs' income.




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