Denmark, the European Union and Switzerland have supported 461 small and medium-sized enterprises (SMEs) in Myanmar under the RBF Plus programme, the Embassy of Denmark in Myanmar reports.
RBF, or the Responsible Business Fund, is a donor-funded initiative that provides grants and technical assistance to local businesses to promote responsible and sustainable business practices. SMEs play a central role in Myanmar’s economy by creating jobs, supporting families and sustaining local communities.
The latest funding round aims to help businesses continue operating under challenging economic conditions marked by political instability and limited access to finance. By supporting SMEs, international partners seek to maintain economic activity at community level and strengthen resilience in the private sector.
The Responsible Business Fund has supported private-sector development in Myanmar since 2017. RBF Plus represents a newer phase of the programme, with an increased focus on sustainability and high-impact sectors such as agrifood.
According to the programme partners, the grants are intended to support investments in areas including improved production processes, food safety standards and responsible business practices.
A third round of RBF Plus funding is planned for 2026, with agrifood businesses expected to be encouraged to apply.
