LEMCO acknowledges that funding is the provision of financial resources, to finance an organisation or government activity for example a need, program or project.
LEMCO initiatives are themselves externally funded. However, due to the nature of our projects, we are able to repatriate our funds into the funding of community projects. Alongside our sustainable development agricultural initiatives are a number of programs that will aid in benefiting indigenous communities in the long term.
We will assist in funding community infrastructure. Energy systems are a large consideration for this, hence LEMCO has considered renewable energy systems that are able to power remote communities. The funding of such an element is essential to sustainable development for developing nations. Hence, this is something that we have compensated for in the funding of our projects.
Additionally, we will provide services to regions. Funding of telecommunication and radio towers will occur as part of our projects. By providing internet capabilities to remote communities, development is significantly aided.
Importantly, LEMCO will fund education and training for local indigenous communities. We will fund the building of schools and improvement of existing educational facilities. We will also partner with vocational and tertiary institutions to provide scholarships to local workers so that they can obtain an official and recognised qualification. This will develop their personal skill-sets and assist with the success of business initiatives in the region.
Additionally, our projects will fund improved healthcare for indigenous communities. This involves upgrades to hospitals, building of new facilities and increased staffing.