1. Grant-making

1.1 Approval of the Grant Proposals
In November, AEF approved US$719,500 to six projects designed to enhance the capacity of small and micro enterprises to use ICT more effectively. Nineteen APEC member economies participated in the projects under the management of six member economies (Australia, Canada, Korea, Mexico, Thailand and the United States), which separately supervised each designated project. The awarded projects are as follows:

(UNIT : US$)
Member
Economies
Involved
Institution Project Title Grant
Approved
Matching
Funds
Korea
(15 other APEC
economies)
Asia Pacific Women¡¯s Information Network Centre (APWINC), Sookmyung Women¡¯s University ICT Capacity Building for Women¡¯s Micro and Small Enterprises 160,000 165,670
Australia
(Chile, China,
the Philippines,
Vietnam)
APEC Virtual Center for Environmental Technology Exchange (APEC-VC) Australia Inc. Human Capacity Building Project for Small and Micro Environmental Business 150,000 149,860
Mexico University of Colima Micro-business and Micro-banking information web site 150,000 596,587
Canada & Korea
(12 economies
participating
in the
APEC-IBIZ)
The Acadia Centre for Small Business & Entrepreneurship in association with The Korea Management and Technology consulting Association on behalf of APEC Network of Small Business Counsellors To create and deliver relevant programming intended to enhance the use of ICTs by new and existing small and micro businesses operating in the APEC region 100,000 39,000
Thailand Thai APEC Study Center, Thammasat University Internet and Communication Technology for Community Enterprise Development Project 60,000 15,000
US Center for Internet Studies, University of Washington Establishing an Asia-Pacific Network of University Internet Studies Program 99,500 175,652
Total 719,500 1,141,769


1.2 Consortium for APEC Cyber Education Cooperation (ACEC)
While continuing the projects to which AEF had made grants, the Consortium launched a new project, ¡°APEC Learning Community for Shared Prosperity¡±(ALCoM), which integrates two former projects, the APEC Cyber Education Network (ACEN) Webzine and International Internet Volunteers(IIV). The objectives of this project are 1) establishing groups of ¡°APEC Learning Community Builders (ALCoB)¡± to contribute to the solution of the digital divide problem, 2) enhance cooperation in extending knowledge of ICT, and 3) eventually construct and operate a community for shared prosperity within APEC through on-line and off-line activities. ALCoB, the core members of ALCoM, are qualified teachers, learners and supporters selected from each economy. The project was presented by EdNet at the 25th HRD WG Meeting held in Kuala Lumpur, Malaysia, from 1-4 July 2003.

2. Fundraising

The Korean government contributed KRW1.2 billion (about US$1 million) to the Foundation following approval of the grants by the Board of Governors in November. In 2002, the Korean government had decided to provide up to US$1 million of funding on a matching basis. The six projects awarded by the Board provide in-kind matches equivalent to a total of US$1,140,000.

3. Participation in APEC Activities

3.1 The 11th APEC Leaders¡¯ Meeting and the 15th Ministerial Meeting
The AEF submitted a progress report on recent activities and its initiatives to the 15th Ministerial Meeting held on October 17-18 in Bangkok, Thailand. Dr. Choong Yong Ahn, Chair of the Board of Governors, and Dr. Deok Ryong Yoon, Executive Director, participated in the meeting. While in Bangkok, Dr. Ahn and Dr. Yoon had a productive meeting with Mr. Anand Panyarachun, Honorary Chair of the Foundation¡¯s Board of Governors and former Prime Minster of Thailand.

The Leaders and Ministerial Meetings acknowledged the accomplishments of the Foundation and the Consortium for APEC Cyber Education Cooperation (ACEC). The Leaders¡¯ Declaration and Ministerial Joint Statement recognized the Foundation and ACEC as follows:

¡°We voiced support for science and technology innovation, the upgrading of English-language and computer skills among the workforce for effective use of the Internet, advancing cyber-education and ICT capacity building, including for small and micro enterprises.¡±

¡°Ministers expressed their appreciation to the APEC Education Foundation for its initiatives to enhance Information and Communications Technology (ICT) capacity building of small and micro enterprises. Ministers also recognized the Foundation¡¯s potential as a useful vehicle to enhance APEC education and human capacity building cooperation. Ministers also recognized the achievement for the Consortium for APEC Cyber Education Cooperation (ACEC) in reducing the digital divide in the APEC region and welcomed the Consortium¡¯s new directions towards building a wide learning community of teachers, learners and researchers/administrators in the region. Ministers encouraged member economies, business, academia and other stakeholders to actively participate in the activities of the Foundation and the Consortium.¡±

4. Public Outreach

Efforts to enhance public outreach were accelerated through both printed and electronic media to help member economies better understand the Foundation¡¯s activities. The third issue of the AEF e-Newsletter was distributed to APEC members and relevant institutions in March 2003. The on-line newsletter is designed to keep APEC members and interested institutions informed of the Foundation¡¯s developments and recent activities.

The Foundation¡¯s brochure was published with updated content and a new design in October 2003, and then distributed at the Concluding Senior Officials Meeting and the 15th Ministerial Meeting to help further understanding of the activities of the Foundation.