Objectives and Long Term Goals of EDC

EDC has been a professionally managed organization and acts as an excellent Delivery Channel for conversion of the Government policies and delivering them to the citizens.

The main objectives of the corporation are:

Objectives of EDC :

  1. To extend financial assistance to Micro, Small and Medium Enterprise sector, for enterprises like hotels, tourism related services, construction sector, hospitals etc. and for Infrastructure Development.
  2. To carry out or participate in other development works, infrastructure projects, schemes as mandated by the Government.
  3. To offer and act as an agent for the implementation of various schemes, incentives, concessions and benefit on behalf of the State and Central Government/Institutions to units and enterprises assisted by EDC.
  4. To identify and motivate entrepreneurs to set up their business enterprises and assist them by providing required entrepreneurship training and guidance.
  5. Any other activity as mandated by the Government for the economic development of the State.

Long Term Goals :

  1. To reach out and support all small business enterprises and MSME sector in the State of Goa thereby generating employment in the State.
  2. To assist and promote entrepreneurship among citizens.
  3. To be a professional managed financial institution focused on providing its services/schemes to industry and entrepreneurs.

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