BEDCO - Basotho Enterprise Development Corporation

About Us 
We Grow Business
Mandate and Functions

The Basotho Enterprises Development Corporation (BEDCO) is a parastatal of the government of Lesotho that was established by an Act of Parliament: BEDCO Act No.9 of 1980 (as amended) mandated “to promote the development of Basotho-owned enterprises and of Indigenous entrepreneurial skills and for connected purposes.”

BEDCO fulfills this mandate through facilitating the establishment and growth of Micro, Small and Medium Enterprises (MSME)s by performing the following functions:

• Provision of business development support services.
• Promotion and entrenchment of an entrepreneurial culture in Lesotho.
• Facilitation of the establishment of incubation services.
• Advocacy for an enabling regulatory framework and appropriate licensing regime for MSME.
• Facilitation of access to finance and markets