Home Based Businesses Reform

IPSD will support the regulatory framework for the Home-Based Businesses (HBB), allowing home-based entrepreneurs to reap the benefits of formalization such as operating a bank account, obtaining financing, gaining social protections, accessing public procurement, or ability to invoice and formalize transactions. This intervention will provide financing to support the development of the (HBB) framework to allow a larger number of individuals to start their businesses and projects with the lowest costs and simplest procedures. This activity also aims at enhancing the transparency and clarity of the registration process, regulating and clarifying procedures and technical requirements

Major Activities:

  • Support automated company registration and the establishment of a framework for HBBs
  • Familiarize entrepreneurs with the opportunities created by the new HBB framework; targeted initiatives such as training and infrastructure will be provided to support the growth of the sector
  • Implementing Events and campaigns to increase the awareness about HBB