Enterprise Challenge Fund
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Enterprise Challenge Fund (ECF) for the Pacific and South East Asia is a A$20.5 million pilot program commencing in July 2007 and will run for six years providing grants to help commercialise sound business ideas in low income markets.
The AusAID-led Australian Government initiative has been developed to stimulate business trading conditions that also have positive impacts on communities affected by poverty. The long-term goal is to reduce poverty by developing a stronger private sector.