Tecnical support on sustainable enterprises in Guyana

This project aims at strengthening capacity for enterprise development in Guyana. It will address the issue of limited investment, output and productivity and the resulting low labour demand by enhancing the conditions for increased enterprise profitability and job creation potential, focussing on (i) the enabling environment for sustainable enterprises, (ii) the capacity to provide support for micro, small and medium enterprises with a view to facilitating their transition to formality, and (iii) the labour and total factor productivity. Interventions will build on an assessment of the enabling environment and barriers to formalization and on profiling of business establishments and jobs in the informal economy, and will include the establishment of a tripartite body in charge of productivity enhancement measures, capacity building for labour officers to address informality in micro and small enterprises, the promotion of cooperatives for domestic workers, and awareness campaigns on the benefits of transition to formality. Work under this project will contribute to the achievement of SDGs 4 and 8.

Project symbol

GUY/16/01/RBS

Admin unit

DWT/CO-Port-of-Spain

Start date

01/01/2016

End date

31/12/2019

Total allocation

426744

Total expenditure

Status

Closed

426744

Development Partners

Core voluntary funds (RBSA)

Country/Countries

Guyana

Outcomes

Promoting sustainable enterprises