BAT-ORSHIKH ERDENEBAT 29 APRIL 2015 Alternative Business Model for Mongolian Entrepreneurs Theme: Develop

Perth, Australia Mongolia Territory 1,5 mln sq.km Population 3,0 mln Livestock animals 52,0 mln 16 strategic deposits

Perth, Australia History 1901 – Eruu Mongol Ore Gold Mine- Belgium, Russia, France, Germany and China (17.5% income to Mongolia) 1976 – Erdenet copper mine / Former Soviet Union Boroo Gold Hard Rock Gold Mine / Centerra Gold Oyu Tolgoi Mine / GOM According to the International Monetary Fund (IMF), Mongolia will be the largest beneficiary - with the country receiving up to 71% of the income from the mine. BBC

Perth, Australia Challenge More than 86% of the national economy was dependent on the mining industry as of % of registered businesses shut down in Local businesses are searching alternative business models to make not-dependent on the mining industry. to create dependency on mining industry. in doubt about the future. not ready for upcoming risks and difficulties during the downturn and/or closure of mining industry.

Perth, Australia RWP Alternative Business Model for Mongolian Entrepreneurs The overall objective of this project was to analyze the alternative business development strategy for mining affected areas to aid in diversifying, specializing and strengthening the local economy and society.

Perth, Australia Challenges Lack of technology Inability to meet standards Lack of human capacity Diseconomies of scale Limited access to credit

Perth, Australia Project activity Specialization business model Interviews, workshop, article, media release Financial grant, assistant team, workshop room, transportation, stationary Input stakeholder Input stakeholder Project activities Short/ Long -term outcomes Short/ Long -term outcomes IMPACT Target beneficiary IMPACT Target beneficiary Competitive and sustainable local businesses outside of the mining sector Diversification business model

Perth, Australia Priority sectors Meat, textile (wool, cashmere), hospitality, ICT, leather and horticulture - Survey partnered with USAID Livestock and service industry have a significant growth

Perth, Australia Enterprise Facilitation - Assessment

Perth, Australia Youth Entrepreneurship Program Business idea development Business plan development Startup business Business networking

Perth, Australia Wool shearing, handling and marketing project Wool shearing techniques Women participation New business Wool value chain

Perth, Australia Interviews

Perth, Australia Next step Capacity/ resource assessment International and regional market study Inclusive growth policy through diversified SME development

Perth, Australia I am happy to talk further