U.S.-GREENLAND ENTERPRISE DRIVEN GROWTH INITIATIVE (EDGI)
BACKGROUND
The Greenlandic economy, which has traditionally been dominated by the fisheries sector, is seeing new private sector growth and opportunities for entrepreneurs in sectors such as tourism, hospitality, locally sourced products, and other services. While the unique Arctic landscape and hospitable culture attract tourists from around the world, this same geography challenges infrastructure development, trade expansion, and economic diversification. Greenland-led private sector business development and trade connectivity will accelerate Greenland’s inclusive economic growth and increase livelihood opportunities.
GOALS
Streamline commercial activity and connectivity between Greenland and the United States.
By facilitating cross-border business connections, as well as improving access to information on trade facilitation, trade regulations, trade related resources, and investment opportunities, EDGI aims to increase trade in goods and services and attract new investment in key growth sectors such as tourism.
Advance Greenland-led solutions for sustainable and inclusive businesses and entrepreneurial development.
EDGI is strengthening the capacity of local Greenlandic business support service providers to engage entrepreneurs in rural, predominantly indigenous communities, and build networks to support a thriving Greenlandic entrepreneurial ecosystem.
LOCATION
Greenland
LIFE OF ACTIVITY
06/2022 - 09/2025
USAID FUNDING
$2.6 million
IMPLEMENTING PARTNER
USAID’s Digital Economy and Market Development (DEMD) program managed by Resonance Global
