Client: MSF/Equity Bank/RDB
The Komeza program is an initiative of ESP in partnership with MasterCard Foundation and Equity Bank Rwanda PLC as the financing partner, will provide the right combination of financial support and technical assistance to 120 SMEs, at all stages of maturity, within the Tourism and Hospitality sector and its value chain.
The program has been established through a commitment of US$2.5 million from the MasterCard Foundation COVID-19 Recovery and Resilience Program.
Over the next year, the Komeza program will provide technical assistance and financing of up to US$50,000 per SME with support from Equity Bank Rwanda PLC. Incubation support will be provided to 60 start-ups through ESP’s Tourism Inc program and 50 established SMEs will benefit from the Komeza accelerator program. A further 10 businesses will be selected for the program through a special innovation stream that will focus on building and financing growth plans to increase their resilience and mitigate the impact of the crisis. The SMEs and start-ups participating in the Komeza program will receive technical assistance, access to grants, and guidance on debt restructuring.
Applications are opening soon