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200 Business Development Service Providers Trained to Uplift Entrepreneurship Ecosystem

by Our Reporter
November 22, 2023
200 Business Development Service Providers Trained to Uplift Entrepreneurship Ecosystem
47
VIEWS

Kampala, Uganda: On 16th– 17th November 2023, the African Management Institute in partnership with Private Sector Foundation Uganda (PSFU) and Mastercard Foundation launched training for 200 Business Development Service (BDS) providers, supporting them to increase their capacity to serve MSMEs.

One of the transformative interventions in this project is addressing the challenges of poor quality of Business Development Services (BDS) and the high price demanded for those services by promoting the development of quality standards for BDS, their adoption by providers as well as training the providers to address their current challenges.

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To support the development of these standards, the African Management Institute (AMI) was engaged to provide practical and accessible learning and development solutions to African businesses and professionals working.

The standards were also set with the technical working group which is composed of key industry experts, key Government officials and representatives from the entrepreneurship support organisations.

The two standards were developed and submitted to the Uganda National Bureau of Standards (UNBS) for approval and gazette.

In efforts to implement the developed standards, the three collaborating entities officially launched a sensitization campaign and recruitment for the training on September 4th, 2023.

In this first phase of the campaign; organizations, entrepreneurs, and business professionals were equipped with information on Uganda’s newly formulated business development support standards, along with tools, mentorship, and resources essential for fostering sustainable business growth.

In addition, through a combination of mentorship, workshops, and strategic resources, participants have the opportunity to: Gain insights on business development standards, Acquire practical strategies to navigate business challenges and seize opportunities, Establish meaningful connections within the business community and Access a suite of resources, including training and practical online tools.

Tags: AMIBusiness development service providersEntrepreneurship ecosystemMastercard FoundationPSFUSoftPowerSoftPower NewsTop Uganda NewsUganda

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