Enterprise Challenge Fund

POMCCI provides the country office in Papua New Guinea for the Australian Government’s Enterprise Challenge Fund (ECF)

The ECF is a pilot program with the long-term goal of reducing poverty by developing a strong private sector in South East Asia and the Pacific.

Grants of between AUD$100,000 and AUD$1.5 million were available for viable commercial projects that improve the lives of people and generate improved access to vital goods and services for disadvantaged communities.

As of mid-2010, the ECF has funded 24 projects in total with 16 grants allocated to Pacific business ventures in Fiji, PNG, Solomon Islands and Vanuatu. These private sector Pacific projects are in the agribusiness, seafood, renewable energy, inter-island shipping and tourism sectors.

PNG Companies assisted by the ECF include:

A mid-term review will inform a decision by the Australian Government about the future of the Enterprise Challenge Fund.

For more details, contact the ECF’s Country Manager for PNG, David Conn, at email daveconn1@pomcci.com

The information contained in this website is for general information purposes only. While POMCCI endeavours to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

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