REDD+ funded vulnerable groups’ project cuts job- creation target by two thirds

Small Business Bureau CEO Sven Wills

The Micro and Small Enterprise (MSE) Development and Building Alternative Livelihoods for Vulnerable Groups project, the first to be administered under the institutional framework created by the Small Business Act of 2004 has had to significantly reduce its originally set job-creation targets under its Credit Guarantee and Interest Payment Support Facility as well as its Low Carbon Grant Scheme designed to assist beneficiaries with seed capital to start up or expand their businesses.

Stabroek Business has learnt that the originally envisaged 2,200 jobs which were expected to be created