The Angola Enterprise Program (INEFOP-PEA Business Incubator)
A Public-Private Partnership (PPP) between UNDP, Chevron and the Government of Angola, seeks to promote the development of a diverse and robust micro, and small and medium enterprise (MSME) sector in Angola. The growth of the MSME sector will be achieved by building consensus around a national strategy for MSME development.
Within the overall framework of the Angola Enterprise Program, the INEFOP-PEA Business Incubator was established in Luanda. The INEFOP-PEA Business Incubator serves as a demonstration model, developing incubation models and processes. INEFOP-PEA is managed by local staff. Short-term technical back-stopping support is provided by an international expert. The aim of INEFOP-PEA is to leverage local and global expertise to build the capacity of staff, and incubator tenants. For the first 18 months of operation, INEFOP-PEA was funded and implemented within the framework of the Angola Enterprise Program (AEP). The infoDev funded work program is part of INEFOP-PEA's resource mobilization plan for the period ending June 2007. Then, AEP financing will be phased out.