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05 Jun, 2025

Council Approves Startup Bill, Legislation Advances to Parliament for Final Approval

A monumental step has been taken for Ethiopia's emerging innovation ecosystem! On June 5, 2025, the Council of Ministers officially approved the country's first-ever Startup Proclamation. This long-awaited bill is now poised to be tabled before the House of People's Representatives, marking a crucial step towards becoming law. The Entrepreneurship Development Institute (EDI), an initiative under the Ministry of Labour and Skills, proudly played an active role with different stakeholders in supporting and developing this new startup policy. This milestone is a significant achievement for all Ethiopian startups and ecosystem players, signaling a new era of growth and opportunity.

EDI is thrilled about this development, which significantly enhances and strengthens the national entrepreneurship ecosystem. Dedicated to enhancing innovation and supporting aspiring entrepreneurs, EDI's mission is to cultivate an environment where entrepreneurial spirit can flourish, empowering individuals with the skills, knowledge, and resources needed for success. This achievement highlights the vital importance of collaboration among government agencies, educational institutions, and private sector partners in building a robust support system.

EDI remains committed to equipping Ethiopian entrepreneurs through targeted training, mentorship, and access to finance , believing that investing in entrepreneurship will drive economic growth, create jobs, and improve the quality of life across the nation. We invite all stakeholders to join us in enhancing a vibrant entrepreneurial culture for Ethiopia's sustainable development and a prosperous future.

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