Call for Proposals: Bacha Entrepreneurship Project 2025 ( Finance Supports)
The Basotho Enterprises Development Corporation (BEDCO) is a parastatal of the government of Lesotho that was established by an Act of Parliament: BEDCO Act No.9 of 1980 (as amended) mandated “to promote the development of Basotho-owned enterprises and of Indigenous entrepreneurial skills and for connected purposes.”
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BEDCO fulfills this mandate through facilitating the establishment and growth of Micro, Small and Medium Enterprises (MSME)s by performing the following functions:
- Provision of business development support services.
- Promotion and entrenchment of an entrepreneurial culture in Lesotho.
- Facilitation of the establishment of incubation services.
- Advocacy for an enabling regulatory framework and appropriate licensing regime for MSME.
- Facilitation of access to finance and markets
Eligibility
- Open to Basotho youth aged 21 to 35.
- Completion of the Cambridge Overseas School Certificate (COSC) or Lesotho General Certificate of Secondary Education (LGCSE) or higher.
- No formal employment opportunities after obtaining qualifications.
- A genuine interest in starting a business.
- Proposals are also welcome from start-ups led by eligible youth seeking funding for expansion.
- Submissions will be evaluated based on innovation, feasibility, a strong business case, and sustainability.
Application
Required documents include:
- Certified copies of Identity Documents
- Certified copies of qualifications
- Curriculum Vitae (CV)
- Business documents (if applicable)
Note: All documents must not exceed 20 MB.
Email proposals to [email protected] (no hand deliveries accepted). Final Submission Deadline: Thursday, July 24, 2025.