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.”
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.
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