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Whether you’re a recent graduate, a professional looking to start a micro-enterprise, or an entrepreneur seeking to grow your project, NESDA offers financing solutions and strategic support to help you succeed.

What is NESDA?

The National Agency for Entrepreneurship Support and Development (NESDA) is a key institution in Algeria dedicated to promoting entrepreneurship. Its main objective is to facilitate the creation and development of micro-enterprises by offering financial and technical support to project holders. It was founded with the aim of stimulating job creation and economic diversification.

NESDA Services and Activities

NESDA offers a comprehensive range of services to support entrepreneurs at various stages of their entrepreneurial journey:

1. Financing Solutions

NESDA provides various forms of financial assistance tailored to entrepreneurs' needs:

• Self-financing: The project holder fully finances their project without external assistance.
• Co-financing: The project holder and NESDA each contribute 50% of the total project cost.
• Triangular financing: The project holder invests between 5% and 15%, NESDA contributes between 15% and 25%, and a partner bank covers 70% of the project cost.

2. Training and Capacity Building

NESDA offers training programs aimed at equipping entrepreneurs with the necessary skills to effectively manage their businesses, including:

- Entrepreneurial training programs.

- Workshops and seminars.

- Participation in these trainings is often mandatory for financing applicants to ensure they are well-prepared to successfully manage their projects.

3. Support and Mentorship

NESDA offers ongoing support to entrepreneurs through:

- Advisory services.

- Mentorship programs connecting entrepreneurs with experienced professionals for personalized coaching.

- Networking opportunities.

4. Monitoring and Evaluation

NESDA ensures rigorous monitoring to guarantee the long-term success of funded projects through regular evaluations.

Who Can Benefit from NESDA Support? (Eligibility Criteria)

• Be between 18 and 55 years old.
• Hold a diploma or a professional qualification and/or demonstrate recognized knowledge and skills, validated by a certificate or any other professional document.
• Have completed the training program offered by the Entrepreneurship Development Centers.
• Provide a personal financial contribution meeting the required minimum threshold.

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

The NESDA financing application process is structured and transparent. Here are the steps to follow:

• Step 1: Online Registration

- Visit NESDA’s official website and fill out the application form.

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

• Step 2: Document Submission

Prepare and submit all required documents, including:

- Business plan;

- Proof of qualifications and experience;

- Financial projections;

- Personal identification documents.

• Step 3: Application Review

- A committee of NESDA experts reviews the application based on its feasibility and market potential.

- If needed, additional documents or clarifications may be requested.

• Step 4: Approval and Funding

- Once approved, the funding is released in multiple phases based on project milestones.

- Entrepreneurs must complete mandatory training to refine their business strategies.

• Step 5: Project Launch and Follow-up

- NESDA ensures ongoing support and monitoring of performance to guarantee project success.

> Apply for NESDA financing HERE

List of Tax Incentives Granted under the Agency’s Support Scheme

• Project implementation phase:

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

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

- Exemption from real estate transfer taxes on acquisitions made for the purpose of setting up an industrial activity.

• 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 completion date.

- Total exemption from the Single Flat Tax (IFU) or subjection to the real taxation regime, according to the legislation in force, for a period of 3, 6, or 10 years, depending on the project’s location, starting from the date of commencement of operations.

- Extension of the aforementioned exemption period by two (2) additional years if the investor commits to hiring at least three (3) employees under permanent contracts.

Latest News and Updates from NESDA

• NESDA financed nearly 9,900 projects in 2023, demonstrating its strong commitment to entrepreneurship in Algeria.
• A new cooperation agreement was signed to support university graduates trained in Entrepreneurship Hubs, thereby increasing employment opportunities for young professionals.
• NESDA partnered with Algeria Venture and the International Labour Organization to launch ProAgro Jeunes, a project aimed at promoting youth agricultural entrepreneurship.
• The agency has expanded its financing options to include more innovative and technology-driven projects.