Equip MSME Hub
A survey published by Business Daily on 27th July 2022 revealed that 80% of Micro, Small, and medium size enterprises (MSMES) in Africa fail within five years of establishment. Many factors contribute to this narrative, including harsh economic environments, lack of access to capital, poor business practices that have stunted the growth and transition of micro-businesses and businesses as a one-person show. The result is that they don’t scale to out-live their founders or become transgenerational.
According to the report, the most significant impediment to MSMEs’ growth is not a lack of capital but a lack of the skills necessary to manage a successful firm, as well as a lack of process, corporate structure, and business acumen.
We provide MSME support through four (4) transformational platforms with the aim of enhancing efficiency for sustainability and impact.
The four Platforms are
- MSME Academy
- MSME Business Support Center
- MSME Linkage and Exposure Center
- MSME Business Club
Business Strategy
The four (4) Platforms are:We run a nine (9) month transformational programme designed for owner managed businesses to enhance efficiency for sustainability.
At the end of the sixth month, the business owner will have a practical and customized Strategic Business Growth Plan. We will further provide three (3) moths support post the development of the Strategic Business Growth Plan for effective implementation.
We run short courses in the area of leadership and management.
MSME Business Support Center
This is a Business Center established to provide Human Resources, Book Keeping and Performance Management Support. It is also in this center that singular projects like Business Modelling, Business Process Re-engineering, and Product Development and Market Research takes place.
MSME Linkage and Exposure Center
We provide linkages and exposure programmes to MSMEs for external business support, peer learning and peer mentorship.
MSME Business Club
This is a club where all the business owners and potential business owners join for capacity building and exposure.