The International Organization for Migration (IOM) has rolled out a new phase of its Enterprise Development Fund (EDF) to bolster small and medium-sized enterprises (SMEs) in Balochistan, Pakistan. This initiative aims to strengthen local economies by providing financial assistance to eligible businesses, fostering job creation, and promoting sustainable growth in the region.
The program targets SMEs that have been operational for at least three years and employ a minimum of three permanent staff members. For women-led enterprises, the eligibility criteria are slightly relaxed, requiring only two permanent employees. Qualifying businesses must also be bank-certified, ensuring a level of operational stability. Financial support ranges from up to PKR 500,000 for skilled individuals launching small ventures to PKR 5 million for businesses in sectors like livestock, infrastructure, mining, construction services, and machinery procurement. These larger grants are designed to encourage expansion and job opportunities.
This effort aligns with broader goals of economic empowerment and community development. By prioritizing sectors with high growth potential, the IOM seeks to address unemployment and stimulate economic activity in Balochistan, a region often challenged by limited resources and opportunities. The initiative also emphasizes inclusivity, offering tailored support for women entrepreneurs to bridge gender gaps in business ownership.
Recent discussions on X highlight the program’s potential, with posts noting its focus on businesses established before 2022 and employing 3–50 people. This reflects a sentiment of optimism among local stakeholders about the initiative’s role in driving economic resilience.
The EDF is part of IOM’s broader mission to support vulnerable communities through sustainable development. By equipping SMEs with the resources to grow, the program not only strengthens individual businesses but also contributes to the economic fabric of Balochistan, paving a path for long-term prosperity.
Published in SouthAsianDesk, July 21st, 2025
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