Development finance institution

Ministry of Micro, Small & Medium Enterprises (MSMEDA)

Compiled from public sources

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) is an Egyptian public agency responsible for developing the micro, small, and medium enterprise (MSME) sector and promoting entrepreneurship in Egypt. In 2017, it replaced the Social Fund for Development (SFD), building upon over 25 years of experience in supporting MSMEs. MSMEDA's mission is to coordinate and unify the efforts of all stakeholders (government entities, NGOs, private sector) to create a national programme for MSME development, foster an environment conducive to entrepreneurship, and encourage job creation. It provides financial and non-financial services, including expanding access to funding for entrepreneurs and facilitating the integration of MSMEs into the formal economy.