S&T Country Report - Albania - WBC-INCO Net

- IFC/PEP Southeast Europe is part of IFC (International Finance Corporation),
World Bank Group. The programme operates in Albania, Bosnia and Hercegovina,
the FYR Macedonia, Serbia and Montenegro and was formally launched in July 2005
and has been established for an initial period of five years.
The Private Enterprise Partnership for Southeast Europe (PEP-SE) is catalyzing
private sector development from a platform of four operational programs:
• Alternative Dispute Resolution;
• Corporate Governance;
• International Technical Standards and Regulations; and
• Recycling Linkages.
PEP-SE's private sector development programmes are co-financed by following
countries: Austria, Canada, IFC, Netherlands, Norway, Slovenia, and Switzerland.
For more information, please visit: http://www.ifc.org/pepse.
- World Bank’s Southeast Europe Enterprise Development (SEED), a multi-donor
initiative managed by the World Bank Group's supported SME development and
strived to improve the overall environment for SME growth and competitiveness in
the region. The SEED project is already closed now and a new project of World Bank
is being implemented (IFC/PEP SE).
SEED's activities included:
• Raising investment capital for SMEs;
• Building capacity of SMEs and of the local institutions and individuals that
support them such as business associations, consultants, and financial
institutions; and
• Improving the business enabling environment.
SEED had been doing similar work in Bosnia and Herzegovina, FYR of Macedonia,
and the province of Kosovo since its creation in September 2000. SEED's activities
were compliment the reconstruction and development activities of the World Bank
Group and other multilateral and bilateral donors in Albania.
1.4 Financing
There is a large-scale of important donors operating in Albania and the financial
supports comes especially from the EBRD, EIB, EU, UNDP, USAID, and the World
Bank (SEED and Training Enterprise and Employment Fund). Other financial support
for innovation infrastructures and enterprise development is coming, for example,
from German Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ), Italian
Government, and Swiss Agency for Development and Cooperation (SDC),
International Monetary Fund (IMF) and the Open Society Foundation (OSF), which
also seeks to enhance the level of entrepreneurship and access to technology, for
example through funding provided to the Regional Development Agency Network
and other institutions.
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