Whether you are a young graduate, a professional looking to start a micro-enterprise, or an entrepreneur aiming to expand your project, NESDA offers funding solutions and strategic support to help you succeed.

What is NESDA?

The National Entrepreneurship Support and Development Agency (NESDA) is a key institution in Algeria dedicated to fostering entrepreneurship. Its primary objective is to facilitate the creation and development of micro-enterprises by offering financial and technical support to project holders. Founded to stimulate job creation and economic diversification.

NESDA’s Services and Activities.

NESDA offers a comprehensive suite of services designed to support entrepreneurs at various stages of their business journey:

1. Financing Solutions: providing diverse financial assistance 

-Self-Funding: The project owner finances the entire project without external assistance.  

-Mixed-Funding: Both the project owner and NESDA contribute 50% each to the total project cost.  

-Triangular Funding: The project owner contributes between 5% and 15%, NESDA contributes between 15% and 25%, and a partnering bank covers 70% of the project cost.  

2. Training & Capacity Building: 

-Equipping entrepreneurs with the necessary skills to manage their businesses effectively through Entrepreneurial Training Program, Workshops and Seminars.

-Participation in these training programs is often mandatory for funding applicants to ensure they are well-prepared to lead their ventures successfully.

3. Business Support & Mentorship: 

Including Advisory Services, Mentorship Programs in connecting entrepreneurs with experienced professionals for personalized coaching, Networking Opportunities.

4. Follow-up & Monitoring: 

For the long-term success of the projects a follow-up is done through Regular Assessments.

Who Can Apply for NESDA’s Support? (Eligibility Criteria).

-The applicant must be between 18 and 55 years old.

-Must hold a certificate or professional qualification and/or possess recognized knowledge and -skills documented by a certificate or any other professional document.

-Must complete the training program provided by Entrepreneurship Development Centers.

-Must provide a personal financial contribution that meets the minimum required threshold.

How to Apply for NESDA Funding? (Step-by-Step Guide)

Applying for NESDA support is a structured and transparent process. Here’s how you can get started:

Step 1: Online Registration  

-Visit the official NESDA website and complete the application form.

-Provide your personal details, business idea, and financial plan.

Step 2: Submission of Documents  

Prepare and submit all required documents, including:

-Business plan

-Proof of qualifications and experience

-Financial projections

-Personal identification documents

Step 3: Evaluation Process 

-NESDA’s expert panel reviews the application based on feasibility and market potential.If necessary, additional documents or clarifications may be requested.

Step 4: Approval & Funding  

-Once approved, funds are disbursed in phases based on project milestones.

-Entrepreneurs attend mandatory training sessions to refine their business strategies.

Step 5: Business Launch & Follow-up  

NESDA provides continuous guidance and performance monitoring to ensure the project’s success.

Apply for NESDA funding HERE.

List of Tax Incentives Granted Under the Agency’s System

During the Project Implementation Phase:

-Application of a reduced customs duty rate of 5% on imported equipment directly used in the implementation of the project.

-Exemption from registration fees on contracts for the establishment of micro-enterprises.

-Exemption from property transfer fees on real estate acquisitions made within the framework of setting up an industrial activity.

During the Operational Phase:

-Exemption from property tax on buildings and additional constructions for a period of 3, 6, or 10 years, depending on the project's location, starting from the date of completion.

-Full exemption from the Single Flat Tax (IFU) or subjection to the real tax regime, according to applicable laws, for a period of 3, 6, or 10 years, depending on the project's location, starting from the date of operation.

-Extension of the above-mentioned exemption period by an additional two (2) years if the investor commits to hiring at least three (3) employees under a permanent contract.

Latest Updates & NESDA News

-NESDA continues to evolve and expand its support for entrepreneurs. Here are some of the latest developments:

-NESDA financed nearly 9,900 projects in 2023, demonstrating its strong commitment to fostering entrepreneurship in Algeria.

-A new cooperation agreement was signed to support university graduates trained in Entrepreneurship Hubs, increasing employment opportunities for young professionals. (Source)

-NESDA partnered with Algeria Venture and the International Labour Organization to launch ProAgro Jeunes, a project aimed at promoting agricultural entrepreneurship among young people.

-The agency has expanded its financing options to include more innovative and technology-driven projects.