What is the Objective and Rationale of the BDS Fund?
The objective of the Business Development Services (BDS) Fund is to boost MSME performance and employment levels by expanding the capacity of BDS Providers in terms of their quality, outreach, cost-effectiveness, impact and sustainability. The MSME sector has to overcome a number of market failures that have the effect of diminishing supply responses from intermediaries. This results in lower levels of investment, productivity and employment than would otherwise be possible. The MSME Project aims to correct these market failures through the provision of time-board and transparent, performance-based grants.
