Central Asia Republics Regional

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Activity Data Sheet PROGRAM: CAR Regional TITLE AND NUMBER: Improved Environment for the Growth of Small and Medium Enterprises, 176-131 STATUS: New PROPOSED FY 2001 OBLIGATION AND FUNDING SOURCE: $ 500,000 FSA PROPOSED FY 2002 OBLIGATION AND FUNDING SOURCE: $ 400,000 FSA INITIAL OBLIGATION: FY2001 ESTIMATED COMPLETION DATE: FY2005 Summary: An improved environment for the growth of small- and medium-sized enterprises represents the greatest opportunity for job creation, economic growth, improved quality of life and greater participation for the citizens of Central Asia. Furthermore, by creating employment and expanding economic opportunities, USAID programs can ameliorate political and economic crises. USAID will pursue these goals by increasing the opportunity to acquire business information, knowledge, and skills. Program Categories include support for education. Key Results: The principal result necessary to achieve this objective is increased access to business information, knowledge and skills. Performance and Prospects: This new activity fills a critical gap in USAID's current regional economics and business education strategy. Funding for bilateral programs will support improvements to business and economics training for university students, entrepreneurs, and government officials. This activity will target high school students, and will better prepare them for rigorous university-level economics courses. Ultimately, improved economics education for the next generation of government leaders and entrepreneurs will create an improved environment for small and medium enterprise growth. FY 2001 funding ($500,000) will be used to supplement E&E Bureau funding to develop and strengthen the Junior Achievement International member nations throughout Central Asia to promote self-sustaining economics and business education programs high school age youth. Illustrative activities include after-school and summer camp programs where students not only learn how businesses function, they also learn about the structure of a free enterprise system. In FY 2002, USAID will continue to finance Junior Achievement activities focussed on providing high-school level training in economics and business practices. Beneficiaries: The beneficiaries of this regional initiative will be students, schools, and businesses throughout the region. Students will benefit directly from the knowledge gained, while schools will benefit from the improvement of their extra-curricular activities. Similarly, a workforce with improved understanding of basic business principles and market economics will enhance the business environment and help to stimulate growth of the SME sector. In addition, citizens throughout the region will benefit from greater opportunities to improve their livelihoods and quality of life. Possible Adjustments to Plans: None anticipated. Other Donor Programs: None Principal Contractors and Grantees or Agencies: To be determined. U.S. Financing (In thousands of dollars)

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