Keeping people out of poverty

Support to the Private Sector and Job Creation As a key partner in the achievement of SDGs, UNDP in Malawi is supporting inclusive- markets models in the private sector that take into consideration small and medium-size enterprises to expand into new markets, meet quality standards, and create new jobs, with a focus on women and youth. We have ongoing support to the Buy Malawi Strategy to promote the production and consumption of locally produced goods and services, rounds of the Malawi Innovation Challenge Fund (MICF) windows launched, which have so far resulted in 48,432 people benefiting from new or enhanced income generating opportunities, and 1,471 people getting jobs. Over US$ 12.5 million leveraged from the private sector for Innovative Challenge Funds. Malawi’s first Business Acceleration Programme is also equipping ambitious entrepreneurs with the right skills and access to capital to enable them to grow their business