The National Development Foundation of Dominica (NDFD) limited is a private, non-profit development institution established in 1981 as a limited company by guarantee under the laws of the Commonwealth of Dominica. The mandate of the NDFD as encapsulated in its mission statement, is that of poverty reduction and human resource development in Dominica, by mobilizing funds for the provision of credit, training, and technical support primarily to the micro, small and medium size enterprises (MSME's).
The Foundation benefited from grant funding to finance its programmes in its early years. Unfortunately, this ended in 1994 and the Foundation has had to accelerate its efforts at becoming a self-sustaining entity. In this regard, the NDFD in keeping with prudent financial management has become cost efficient while at the same time devised strategies aimed at increasing the Foundation's revenue.
The NDFD also hosts a few major activities which compliment their mission towards providing opportunities for their clients to network and increase visibility. Every month end, outside of the NDFD building, D'Marketplace is held showcasing a variety of small business products. Every year during the Independence season, Creole In The Streets is held and provides a bigger opportunity for showcasing small business products to the visitors and patrons of Dominica's World Creole Music festival.
Building a Sustainable Dominica