The Asia Foundation signs MoU with SIDIA

Society
unurzul@montsame.mn
2021-06-03 15:34:26

Ulaanbaatar/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