The Migrant Support Fund

Date Shared:

Tuesday, August 13, 2019 - 10:36

Countries and areas:

Mexico

2030 Agenda migration-relevant and related target Labels:

Goal 8: Decent work and economic growth

Targets that contribute to employment or employment creation

Targets that could benefit from the potential of migration and migrants

GCM Thematic Cluster Areas:

Objective 21: Cooperate in facilitating safe and dignified return and readmission, as well as sustainable reintegration

Contributors:

Member States

Chairmanship:

Ecuador 2019

Geographical Relevance:

National

Tags:

Return and Reintegration, Decent Work, Diaspora Investment and Entrepreneurship, Local Development, Livelihoods and Job Creation

Summary:

The Migrant Support Fund is a federal fund administered to states according to the size of their repatriated migrant populations, which provides migrants one-time seed grants of up to USD 1,500 to start a new business.

Because the Mexican labor market is saturated and often unfamiliar to returning migrants, especially those who have been abroad for an extended period, these entrepreneurial and self-employment opportunities offer a key path to their economic reintegration.

Link:

https://www.migrationpolicy.org/sites/default/files/publications/MPI-Rec...

http://www.dof.gob.mx/nota_detalle.php?codigo=5516826&fecha=21/03/2018 (In Spanish)

GFMD Source:

GFMD 2019 - Background Paper RT 3.2 "Harnessing migration for rural development"