The Multi-Donors Trust Fund (MDTF) funded Economic Revitalization of Khyber Pakhtunkhwa and FATA (ERKF) has once again invited grants applications from women entrepreneurs. The project is a joint initiative for both Khyber Pakhtunkhwa and FATA to provide support to the Small and Medium Enterprises (SMEs), attract Diaspora investment, and strengthen institutional capacities to foster investment and implement regulatory reforms.
The project is a response to the priority interventions identified under the donor-supported Post Crisis Needs Assessment (PCNA) Report. The MDTF for Khyber Pakhtunkhwa, FATA and Balochistan was established to support the recommendations made in the PCNA report, and is being administered by the World Bank on behalf of 10 donors.
The purpose of inviting applications from only women entrepreneurs is aimed at their empowerment and expansion of their businesses. Talking to this scribe, an official of the project said applications from women entrepreneurs have been invited due to nominal number of cases from women. The grants are being distributed in three categories including rehabilitation, up-gradation and cluster up-gradation/CFC.