Business

I n v e s t m e n t Poverty Reduction
Technology
S ervices

BANK READY
INNOVATIVE SOLUTIONS FOR IMPROVING FINANCIAL LITERACY OF WOMEN AND YOUTH ENTREPRENEURS

Assuring steady flow of investment is a prerequisite both for the creation of MSMEs
and their sustainable growth for income generation and employment opportunities.

UNIDO has developed training tools, software and e-learning

packages to assist MSMEs in formulation and appraisal of
investment proposals.
The online version of Computer Model for Feasibility
and Reporting (COMFAR) is a core element of
training and coaching activities. An introduction
to the best international financial practices and
accounting standards is expected to change business
and entrepreneurial culture. COMFAR Online is a
state-of-the art investment project analysis tool that,
through its interactive and intuitive modules, allows
even less experienced entrepreneurs to present their
business ideas. It is the first software of its kind to be
used to scale up enterprises which will lead to job
creation in local communities.
www.unido.org/comfar

HOW

Combination of in-classroom training and interactive online

training
Complete cycle of training of trainers
Training on the COMFAR tool to cater to the needs of young
entrepreneurs, assuring full compatibility with the latest
International Financial Reporting Standards
Adaptation of training modules for women and young
entrepreneurs
Engagement of banks, supporting institutions of MSMEs and
the private sector in providing quality services to women
and youth entrepreneurs for enterprise creation
Diffusion of successful enterprise creation trough the
Internet, social media andCOMFAR
mobile
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WHAT

WHERE

Bankable projects ready for financing

Enterprises created by women and young entrepreneurs
Employment created
Entrepreneurial and business culture changed

More than 9,000 users in over 160 countries

Software available in 19 languages
Knowledge sharing and cooperation with leading
international organizations and DFI

LITE

I N C LUSIVE AND SUST AI N ABL E I N D U S TRI AL D E VE L O P ME N T

For more information on the project contact: ituyouth@unido.org For more information on UNIDO: www.unido.org/ituyouth