CIPE Entrepreneurship Update

Iraq – In early June, the Kurdish Regional Government passed components of a Small and Medium Enterprises Law, which was developed with CIPE support. CIPE partner the Kurdistan Economic Development Organization’s (KEDO) advocacy efforts attracted the attention of Kurdish Prime Minister Barham Salih, who endorsed the law for formal passage. Enacted components will increase the amount of capital available for young entrepreneurs by 25 billion IQD, making it easier for young Iraqi Kurds to receive a loan to start a business.

Russia – The Ministry of Economic Development of the Republic of Karachay-Cherkessiya has signed a formal commitment to support the top graduates from a youth entrepreneurship training program being run by CIPE and its partners. The ministry will provide $123,000 in startup funding for the best business ideas conceived by students in the three-year program that trains local youth in how to launch and run a business. CIPE’s partner, the Karachay-Cherkessiya Chamber of Trade and Industry, is administering the program, one of seven in the restive North Caucasus region of Russia that are part of the USAID-funded Promoting Entrepreneurship in the North Caucasus project.

Ukraine – CIPE Kyiv office head Nataliya Balandina appeared on a one-hour, national radio show to discuss CIPE’s work with business associations in Ukraine. She was joined by CIPE partner Gennady Polishchuk, head of the Vinnitsa Youth League for the Development of Entrepreneurship, on the Era radio station. The station ranks in the nation’s top 10 by listenership. Balandina and Polishchuk discussed entrepreneurs’ rights and the effectiveness of business associations in Ukraine. Those topics came to prominence in recent months with a series of street protests organized by entrepreneurs against a new tax code pushed by the government.

Belarus – The Minsk Union of Entrepreneurs and Employers (MUEE) organized a business club meeting for 52 entrepreneurs in the Brest region to discuss best approaches to improving the public-private dialogue on overcoming the current currency crisis in Belarus. In addition, MUEE held a meeting with 63 members of the non-business civil society on the role of entrepreneurship in the cultural revival of Belarus.

Paraguay – The Paraguayan Foundation for Cooperation and Development (FP) held its fourth Educators’ Forum on June 15 in the city of Concepción, Paraguay in order to continue developing entrepreneurial qualities among public school teachers. Sixty department coordinators, supervisors, and teachers from the region participated in the event. FP is carrying out the forums in different regions of the country so that all directors and educators can benefit, rather than just those in Asunción. Through these forums, FP promotes the exchange of knowledge in the field of education, helps teachers realize the importance of entrepreneurship in education, and assists teachers in developing new skills that will improve the quality of education in Paraguay.

Nepal – The graduates of Samriddhi’s “Arthalaya” youth entrepreneurship program have released the fourth issue of the second volume of their “Artha” newsletter, which will be distributed to various colleges, NGOs and students.

Afghanistan –CIPE assisted two girls’ high schools in organizing an exhibition of students’ handicrafts. The students are participants in CIPE’s Tashabos high school entrepreneurship course. The exhibition encourages students to put their classroom lessons into practice by developing products and selling them.

Kim Bettcher

P.S. If you would like to share an update on entrepreneurship events in your country–you don’t have to be a CIPE partner–please send it to

One Comment

  1. Nilma:

    When the most successful businessman in the country is president’s son, all the achievements mentioned above are results of the people despite of the regime, terrible investment climate and rule of law.

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