CEFE stands for Competency-based Economies through Formation of Enterprise. Though it sounds complicated, CEFE is simple. It is an entrepreneurship training concept for small and medium scale enterprise promotion, developed and promoted by the German Technical Cooperation (GTZ).
CEFE Asia is targeted at promoting new business start-up; expansion, diversification or improvement of existing businesses; and training of trainers and officers involved in business promotion and promotion of business development services among MSMEs
In 1979 GTZ, the German Technical Cooperation began experimenting with different approaches to small enterprise development. Much of this was done in Nepal. Entrepreneurship development or what was then called New Business Creation program became the most popular because of its high success rates in business start-ups. The success witness in Nepal triggered this particular enterprise promotion approach to be branded buy its acronym CEFE or Creation of Enterprise through the Formation of Entrepreneurs.
The CEFE concept and methodology was subsequently replicated in a number of other countries in Eastern Europe, Asia, Africa and Latin America and success rates were recorded. In 1994, and independent evaluation of the CEFE method was carried out across three continents with the evaluators noting: its high effeteness in stimulating business growth; its flexibility and adaptability to a wide range of target groups and cultures, that it is a powerful instrument beyond enterprise promotion; that it is highly rated by both the beneficiaries and the host institutions implementing the program and that it has generated a pool of highly qualified and motivated people.
CEFE adopts a comprehensive set of training instruments using experiential learning methods to develop and enhance business management and personal competencies mostly in the context of income & employment generation and economic development.
CEFE which today stands for Competency-based Economies through Formation of Enterprise has evolved over the years from an approach training individuals who want to start their own enterprise to a comprehensive training methodology. It has developed further in terms of conceptual design and practiced in many countries across the world. As at December 2003, CEFE has been introduced/ practiced or adopted in 336 projects in 129 countries through 1662 organizations by 3071 CEFistas and 390 funding agencies. For more details, visit http://www.cefe-international.net
“We will be the center of excellence in entrepreneurship education and counseling in Asia.”
“We will develop and nurture competent trainers and counselors in entrepreneurship education and counseling using the CEFE methodology for micro, small and medium scale enterprise development, education, technical and vocational training sectors.
While we function as a self-sustained professional organization, we will contribute towards creating an entrepreneurial culture in the society”
- Achieve self-sustainability of the organization
- Develop competent trainers and counselors in entrepreneurship education and counseling
- Quality assurance of competent trainers and counselors
- Contribute towards creating an entrepreneurial culture in the society
- Target and facilitate sectors such as MSME development, education, technical and vocational training
- Establish and ensure the continuous development of CEFE methodology in the field of entrepreneurship education and counseling.