Invest in Africa ‘IIA’ has signed a US $ 1 million African Development Bank AfDB gift that will able it, to help in a unique business skills training program for short and middle enterprises in Ghana.
SME preparation system takes US $ 1m allowance
IIA will use the grant given by the AfDB’s Fund for Private Sector Assistance FAPA to implement a Business Linkage Program designed to improve the abilities of selected SMEs registered on IIA’s currently started African Partner Pool APP online directory.
The Business Linkage Program is the next phase of the APP an online directory advocating local businesses to get perceptibility and connect with multinational and national costumers. The three year training program will core on creating long term and tenable partnerships by guarantee local businesses are adept to transfer to the characteristic, time and scale given by huge organizations.
The program will use professional trainers and IIA partners including Ecobank EY Guinness Ghana Breweries and AB & David to giving training followed by management coaching and mentoring bespeak to the individual needs of each SME.
By helping market development this training program will foster SME development and help build aggressiveness within the industry.
Starting in the second fourth of 2015 a total of 120 progressive applicants will be choose from organizations already registered on the APP for the program. Those with fully achieved profiles and best able to display their perseverance to evolve, advance governance structures and get multinational standards will have an enhancing chance of being chosen.
This program addresses the stage for us to make the volume of the selected SMEs to position suitably to be able to enhance aggressiveness. This will help to create revenue and give them with a better chance of increasing finance said, Sam Brandful.
Invest in Africa will also anchor a number of best working forums to share knowledge, information and experience of IIA’s partners graduate SMEs global experts and investors to continue increasing level. Win business and support other Ghanaian SMEs on how to give progress new markets and finance.
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