Mobilize Social Business to Accelerate Achievement of Timor‐Leste MDGs Project Document

Published on 01 Jan 2012
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Mobilize Social Business to Accelerate Achievement of Timor‐Leste MDGs Project Document

As one of the newest nations in the world, Timor‐Leste has made significant achievements in the road to democratization and economic growth. Despite these efforts, Timor‐Leste remains one of the poorest nations in the world, with a long way to go on the path to attainment of the Millennium Development Goals (MDGs). To accelerate the achievement of the MDGs, the Government of Timor‐Leste and UNDP Timor‐Leste are collaborating to explore innovative ways to mobilize the private sector to contribute proactively to development – this will be done by setting up social businesses and through partnership agreements, providing them with much needed business development services. Social business networks of relevant stakeholders will also be set up for horizontal/ vertical linkages and mutual support. The objective of this project is to promote high impact social enterprises that will contribute to private sector development as well as attainment of MDGs.  As a result of this project, social enterprises will contribute to the reduction of poverty in rural Timor Leste and generate rural employment and income.

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