We will focus on the development of present and future executives, entrepreneurs and leaders through business development projects, training and educational programs. Our goal is to provide the necessary resources to Albanian entrepreneurs so that they can turn their ideas to ventures, maximize their impact and build strong businesses. Successful entrepreneurs are critical to the expansion of an economy because their initiatives lead to innovation, community development and economic growth.
The potential TID in Vlora is located is known as the Justin Godart Building Ensemble. The area is full with historical milestones, not just for the city, but the country as a whole. This intervention aims to bring to light one of the most important historical areas within the city that holds testimony to the city’s past.
The main objective of the project is the “Restoration and urban requalification of the built urban ensemble Justin Godart”, Vlora, in order to increase tourism and in consequence the economic development of the area through restoration, conservation and the rehabilitation of the traditional houses and cultural heritage areas.Read More
BID Legislation – The purpose of the BID Legislation project is to put the BID projects into a statutory and sustainable footing in Albania. The AADF is working closely the Albanian Government, local Municipalities, international partners, and BID Associations in Korca, Shkodra, Berat, Kruja, Tirana in order to improve the legal framework for such initiatives. This project was approved in March 2015 and is expected to be completed in 2016.Read More
Tourism Improvement Districts (TIDs) strive to increase the number of overnight visitors in a particular area and are the driving force for destination marketing and promotion. TIDs are managed through a non-profit steering association which works with businesses and the local government. These associations are powerful funding tools which help hotels, craft shops, local artisans, and other businesses increase revenues in areas that are turned into local destinations.Read More
TID Gjirokaster – The potential TID in Gjirokaster is located in the Old Bazaar at the heart of the historical part of the city. This project includes the preparation phase of the full restoration design from the Old Bazaar as well as Cerciz Topulli square. The revitalization and commercialization of the historic city center of Gjirokaster will directly impact the development of the communities and businesses in the area. Their quality of life will be directly improved.Read More
The New Bazaar/Avni Rustemi Square area of Tirana is a symbol of traditional urban life of the city, and a destination of commercial value. The area houses more than 15 sites of cultural heritage protected by law, currently hidden under rundown facades, obsolete infrastructure, and a generally unappealing commercial space. The New Bazar is a perfect candidate for a natural pedestrian mall and tourism destination, where private businesses and public representation can be formed under the TID/BID model. The AADF has partnered with the Government of Albania (Ministry of Culture and Ministry of Urban Development), Municipality of Tirana and the local business community to revitalize the New Bazaar/Avni Rustemi of Tirana. The bazaar will become one of the main tourist attractions in Tirana. It is expected that AADF restauration portion will be completed by April 2016. The AADF will also support businesses operating in the area with businesses advisory services as well as small grants in order to improve their efficiency and make the best use of the new opportunities which will be created. A businesses association will be created in partnership with the Municipality of Tirana which will oversee the daily management of the area.Read More
The Bazaar of Korca is an ensemble of trade, craft, and residential buildings with urban-architectural and artistic values that dates back to the 19th century. The collection of buildings is a testimony to the existence of craftsmen and tradesmen who at that time had a deep influence on the economic and social life of the country. The AADF has partnered with the Government of Albania, Municipality of Korca and the local business community to revitalize the Bazaar of Korca. The bazaar will become one of the main tourist attractions in Korca. It is expected that AADF restauration portion will be completed by October 2015. The AADF will also support businesses operating in the area with businesses advisory services as well as small grants in order to improve their efficiency and make the best use of the new opportunities which will be created. A businesses association will be created in partnership with the Municipality of Korca which will oversee the daily management of the area.Read More
The AADF chose the city of Kruja, the most visited city in Albania for the establishment of the first TID in order to help promote tourism and to ensure preservation of cultural heritage resources. The project will focus on the the restoration of the buildings in the Old Bazaar including roofs, facades, lighting and signage, underground works and improvement of cobblestones. The AADF will provide advisory services and grants to businesses operating in the area as well as institutional support. A TID association has already been created by the AADF, Ministry of Culture, Municipality of Kruja and business owners from the Bazaar. Its objectives will be to promote as well as manage the TID area. Promotional activities will also be carried out for locally produced foods and other goods in and around the city.Read More
A Business Improvement District (BID) is a public-private partnership in which a publicly supported, privately managed organization is created to improve the physical environment and enhance public services and investments in a geographically distinct urban, commercial neighborhood. The primary purpose of the district is to create improved economic opportunities, security, and a business climate among BID members. Successful BIDs go beyond addressing just infrastructure repairs and maintenance, they also create a community, increase security, lead to increased business activity and increase property values. Effective BIDs can revitalize city centers and can make them more attractive to tourists. The AADF has assisted the business community and the respective municipalities in the creation of the BID associations and has provided grants and advisory services to businesses in the BID zone.Read More
The AADF began implementing Berat BID in partnership with the Municipality of Berat along Republika Boulevard and Teodor Muzaka Square in October of 2013. The new BID zone will include a Visitor Center which will provide information for tourists on a variety of sites like the Berat Castle, Mangalem, Gorica, Osum Canyons and Tomori Mountain. The four components of the project are infrastructure enhancement, entrepreneurship and business development, creation of the business association and cultural and eco-tourism improvement. Infrastructure work was completed in October 2014.Read More
The Korca BID implementation in partnership with the Municipality of Korca began in January 2012 along Shen Gjergji Boulevard. The infrastructure improvement included the renovation of the Boulevard and the unification of the Mapo Building, one of the largest buildings in the area. The BID Zone has become a gathering point for tourists and citizens. Some of the most popular activities that have taken place include a beer fest, the Korca carnival, and musical performances.Read More
The AADF is implementing Shkodra BID in partnership with the Municipality of Shkodra along November 28th and December 13th Streets. The BID Association and the Municipality collaborate to host events which gather the community and promote the area. The AADF sponsored the expansion of the annex for the Children’s Cultural Center which caters to youth with exceptional talent in the arts. The BID Zone also includes a new sitting area which was formally a municipal parking lot.Read More
Protik is an independent, not-for-profit Information Communication Technology (ICT) center whose primary objectives are to increase the demand and use of ICT and assist in market growth, strengthen human and institutional capacity, increase cooperation between the private sector, educational institutions, and the government, provide ICT entrepreneurs with access to modern technology and know-how, and serve as an information and networking hub. The center was established by the AADF in partnership with USAID, the Government of Albania, Microsoft, Albanian ICT Association, Cisco Systems and ALBtelecom.Read More
The AADF in partnership with Norfund, Crimson Capital Corp and the Municipality of Tirana, established Crimson Finance Fund Albania, a non-banking financial institution which will provide developmental financing for micro, small and medium-sized businesses. CFF Albania is designed to improve access to finance for under-served small and medium enterprises (SMEs), entrepreneurs, innovators, women-owned businesses and farmers in Albania in order to catalyze business growth and job creation.Read More