PROJECT: ICT-BASED BUSINESS CREATION AND SME SUPPORT TO CREATE QUALITY JOBS IN ETHIOPIA
The Korea International Cooperation Agency (KOICA) and Ministry leading the sector (MInT) have signed a Record of Discussion (RD) for the above-mentioned project on April 2, 2020. The objective of the project is to contribute to the industrialization of the Ethiopian economy and job creation by accelerating ICT-Based Startups and SMEs.
The project has four major components: namely Enhancement of ICT based startups and SMEs ecosystem (integrated in the innovation for development project), development and operation of ICT Innovation Center, development of the IT platform, and development of sustainable financial mechanism for ICT-based startups and SMEs.
The KInnoBiz (KIC) occupies around 2000msq in the ICT park. The initiative includes the development and operation of the Innovation Center, and development of the IT platform.