Local Enterprise Investment Centre

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Local Enterprise Investment Centre
Leic-logo-h90.png
Type A centre funded by Canadian Government through Canadian International Development Agency (CIDA) and managed by IDLC Finance Ltd. (IDLC)
Headquarters
Focus(es) Develop the Small and medium enterprise (SMEs) of Bangladesh
Method(s) Development through long-term partnership in between Local Small and medium enterprise (SMEs) with foreign company or local big company
Employees 9 (Nine)
Motto Building Partnerships for Growth
Website http://www.bangladeshinc.com/

Local Enterprise Investment Centre (LEIC) was a centre funded by Canadian Government through Canadian International Development Agency (CIDA) and managed by IDLC Finance Limited (IDLC).

LEIC was working for the development of the small and medium enterprises (SMEs) in Bangladesh by creating joint ventures or other forms of long-terrm partnership with foreign or large local companies, which would allow them to have access to capital as well as technology, innovative products and improved process. LEIC provided assistance to the SMEs in two phases: study phase and implementation phase. The assistance which LEIC provided came through sharing of costs.

Services offered by LEIC to the local Enterprises

  • assist SMEs in matchmaking with a partner firm – international or local
  • assist SMEs to conduct feasibility studies for their partnership project
  • assist SMEs to adopt innovative technology, know-how, and best practices for the partnership project
  • assist SMEs to increase the skills-set of their human resources for their partnership project
  • assist SMEs to implement environmental measures and gender equality for their partnership project