Micro and small-scale enterprises are the bridge to the economic transformation from agriculture to industry. Urban centers have the dominant role in development of MSEs by organizing in different urban sectors and creating conducive working environment for their functionality.
In Bishoftu City, many activities have been done to make the MSEs the main agent and the means to realize the country’s renaissance aim to catch up the middle-income country at 2017 E.C.(2025 G.C.). The data obtained from the office of MSE development indicates that currently, 6200 unemployed people are organized in 1228 different MSE organizations. In these organizations job opportunity was created for 946 unemployed people. The following table shows the number of organizations with their members and sectors of engagement.
|SECTORS||NUMBER OF ORGANIZATION||NUMBER OF MEMBERS||CAPITAL||EMPLOYMENT OPPORTUNITY|
As the information from the agency of urban land development and management indicates that, 16 hectares of land has been allotted for all the MSE organizations. In addition, 10,479,229.00 ETB credit support has also been provided for the organization as the startup capital.