Capfish-Capture, a project organized by the UN Industrial Development Organization (UNIDO), is giving technical and financial support to small and medium-sized enterprises (SMEs) in Cambodia’s fishing industry to promote compliance with international food safety standards, allow SMEs to upgrade their machinery, connect SMEs with microfinance and venture capital, and increase academic research into post-harvest food technology. As of 2023, 28 Cambodian SMEs are participating, and the program has spent EUR 6.1 million (USD 6.6 million) of its funding. Capfish-Capture is scheduled to end in 2024. The EU donated nearly all of its budget, which totals approximately EUR 16 million (USD 17.3 million).
UNIDO was established in 1985 and became a specialized agency of the UN in 1996 to promote “industrial development for poverty reduction, inclusive globalization and environmental sustainability.” As of December 2021, the organization had 170 member states and employed 680 staff members. During that year, UNIDO had a budget of EUR 85.3 million (USD 93.4 million) and operated projects in 121 countries.
By Rohit Dayanand, Research Associate
Sources and Additional Resources
UNIDO press release
https://www.unido.org/news/supporting-competitiveness-cambodias-fisheries-smes
UNIDO description of CapFish
https://open.unido.org/projects/KH/projects/180039
CapFish brochure
https://downloads.unido.org/ot/26/61/26616012/Brochure-%20CAPFish%20Project.pdf
EU trust funds description
https://international-partnerships.ec.europa.eu/funding-and-technical-assistance/funding-instruments/trust-funds_en
Previous MicroCapital brief on UNIDO
https://www.microcapital.org/microcapital-brief-unido-incubates-agro-processing-training-center-moving-groundnut-sesame-farmers-up-oils-value-chain-in-south-sudan/
Do you know that MicroCapital publishes the MicroCapital Monitor newspaper each month? Download a sample at https://www.microcapital.org/products-page/.
Similar Posts:
- MICROCAPITAL BRIEF: Women’s World Banking Offering 5-month Leadership Program for Regulators
- MICROCAPITAL BRIEF: OPEC Fund Lending $22m to Raiffeisen Bank for SMEs in Albania
- MICROCAPITAL BRIEF: Uzpromstroybank (UzPSB) Borrowing $15m from EBRD for SMEs in Uzbekistan
- MICROCAPITAL BRIEF: World Bank ARISE Program Includes $230m Loan for Farmers in Ukraine
- MICROCAPITAL BRIEF: ILO, UNCDF to Expand PICAP Climate Microinsurance Program to 8 Pacific Countries
