The PEPZ Zambia Business Growth Development Fund offers grants to incentivise investment by Zambian companies to increase their competitiveness and improve business linkages through investment in technology and skills. The Growth Fund removes some of the risk by cost sharing in specific investment projects.
The 2018 Fund which ran on a competitive basis received a total of 214 applications during the application phase from March - May. Since then, panels of independent experts have helped us fine tune the selection of companies to receive grants to cost-share their business expansion plans.
By the end of 2018 it is anticipated that PEPZ will have signed agreements with between 10 and 14 companies which are expected to receive grants totalling approximately K10 million to help them meet their aspirations for growth.