The Asia Foundation signs MoU with SIDIA
SocietyUlaanbaatar/MONTSAME/. On May 28, the Asia Foundation and
Science, Industrial Development, and Innovation Department (SIDIA) of the
Municipality of Ulaanbaatar signed a Memorandum of Understanding (MoU) to
support women entrepreneurs in Mongolia.
The parties will promote micro and small women-owned
enterprises in Ulaanbaatar by continuing provision of a wide range of supports
to their business activities and implementing joint projects dedicated to
target groups under Women`s Economic Empowerment Project’s Women’s Business
Center. Women’s Business Center’s clients will be provided with access to co-working
spaces, training, meeting rooms, and Media Center of the Hub Innovation Center.
Mark Koenig, Country Representative of the Asia Foundation,
highlighted the importance of the MoU, which brings the cooperation of SIDIA
and the Asia Foundation to a new level by implementing joint initiatives to
support micro, small and medium enterprises and empower women entrepreneurs.
Both Parties firmly believe that they can provide all necessary supports for
the entire life cycle of businesses and start-ups in Ulaanbaatar.
Source: The Asia Foundation