By GEOFFREY ANGUYO | PROJECT LEADER
37 women in different cooperative groups have trained in business development skills. Having been engaged in small businesses for some time it is important for them to keep acquiring different skills in order for their small enterprises to grow. These are mainly women in refugee hosting districts. These women who have been train are both refugees and host communities. Business Development Services (BDS) are non-financial services offered to help start-ups, micro, small and medium enterprises (MSMEs) and Small and Growing Businesses (SGBs) tackle obstacles more effectively, speed up growth and achieve greater scale. These services include incubation, acceleration, technical assistance, coaching, training, consulting, embedded talent, and other forms of non-financial support. In Uganda, microbusiness enterprises have annual turnover up to UGX 10,000,000 (ten million). Small enterprises have annual turnover between UGX 10,000,000 – 50,000,000 (ten to fifty million), medium enterprises have annual turnover between UGX 50,000,000 – 2,000,000,000 (fifty million to two billion) There are many opportunities now in the country to support women owned businesses and it is critical to support them with the necessary technical skills to embrace and take up these opportunities effectively.
To change this trajectory, there is need for BDS to provide MSMEs with relevant support throughout the various stages of their development, being cognisant of their positioning within the market in which they operate and the industry value chain. As part of the third National Development Plan (NDP III), the Ugandan Government committed to improve the management capacities of local enterprises through mass provision of BDS geared towards improving firm capabilities. Establishment of a National BDS Framework is one of the key interventions geared towards facilitating mass provision of BDS under NDP III.
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