A total of 50 small enterprises (SMEs) were created under or benefited from the Technology and Business Incubation Facility over the course of Enclude’s engagement. They were in key technology areas such as food processing, energy, and metal works, among other sectors.
165 entrepreneurs received training in business planning, which focused on the information and communication technology sector as well as construction, energy, and marketing.
The TBIF business incubator is still operating, and presently provides premises for 50 start-up businesses, with a strong focus on the IT sector.
Established a team of local professionals to help design and develop the TBIF, which still exists and has been expanded in recent years.
Conducted a market assessment to identify the SME needs that could be addressed by the TBIF.
Led development of the TBIF, focusing on the organisation’s business plan, personnel needs and training, financing, gender equity, entrepreneurial funding, key business services, and outreach.
Creating linkages between key private and public sector players (including technology specialists, business builders, financiers, and government representatives) helps develop stronger businesses by providing opportunities for collaboration, fundraising, and capacity building. It is in the interest of all parties to participate in such exchanges, which assist public sector officials in better recognising the needs of businesses and provide entrepreneurs with knowledge and relationships that help in identifying opportunities and building their internal capacity.