The principal objective of the Private Enterprise Development Project to support the creation of new private businesses, which has emerged as one of the centerpieces of the government's program to transform the Polish economy. To meet this objective, the project provides financing for efficient investment in private Enterprises, particularly in small and medium size Enterprises (SMEs), and for a program aimed at overcoming deficiencies of business practices and building support services for private Enterprise development. The project includes two related components: (i) investment financing under which the Polish Development Bank will act as the second-tier institution responsible for channeling Bank resources through participating banks to a wide range of SMEs; and (ii) institutional strengthening of the Office of the Undersecretary for Business Promotion, the Project Support Unit, and local business promotion agencies.
Details
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Document Date
1992/04/16
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Document Type
Memorandum & Recommendation of the President
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Report Number
P5612
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2012/07/10
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Disclosure Status
Disclosed
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Doc Name
Poland - Private Enterprise Development Project
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Keywords
private enterprise;small and medium size enterprise;Private Sector Growth;interest rate risk;variable interest rate;private sector enterprise;Projects in Execution;fixed interest rate;machinery and equipment;rate of growth;cost of fund;foreign exchange risk;interest rate policy;market interest rate;costsharing scheme;access to finance;skilled staff complement;privatization of state;small scale enterprise;environmental screening category;flow of fund;Regional Economic Development;small business support;local private sector;improvement in productivity;private sector initiative;shortage of product;construction and rehabilitation;financial market;standard of living;chamber of commerce;supply response;environmental protection policy;Enterprise Development;apex institution;market economy;
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Citation
Poland - Private Enterprise Development Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/432011468095378702/Poland-Private-Enterprise-Development-Project