State-owned and privately held enterprises cooperating with VTIs for implementation of DCT are eligible for VEFF support. Enterprise partners in proposals shall be duly registered with the respective authorities in line with the laws and regulations of Lao PDR and directly responsible for the preparation and implementation of the respective project.
Small and medium (SMEs) shall be eligible for all VEFF support measures offered. Large enterprises may be considered for support measures offered to overcome specific training challenges in the given economic sector. Such support is to be proposed in the grant application with supporting justification and will be subject to review of the appraisal panel.1 For the purposes of this distinction, the following definition is used:
- SMEs up to 249 employees
- Large enterprises (≥ 250 employees).