An assortment of about 100 enterprises is scheduled to receive training conducted by the Agribusiness Development Centre (ADC) to enhance their competitiveness under the Business Accelerator Programme (BAP).
The ADC is partnering with DFCU Limited and the Rabo Foundation and GOPA Worldwide Consultants to implement training for Cohorts 2 and 3 of the Business Accelerator Programme.
This is being done in accordance with the Enhancing the Competitiveness of Small and Medium Enterprises (ECOS) project which is funded by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.
According to Josephine Mukumbya, the Executive Director of ADC, the enterprises that will be selected for the training must be fully registered companies; being led by youth and women is a big added advantage.
Mukumbya says the training will integrate gender inclusiveness and green growth themes.
The mandate of ADC is to build agribusiness capacity so that they can attract funding and self-sufficiency. This can help businesses create jobs and have steady incomes.
The ADC will address cohorts 2 and 3 with a multifaceted approach that includes training, mentorship, coaching, and technical assistance.
The strategies will be used together to address the major barriers to accessing and using financial services for improved business operations, investment preparedness, and connections to capital for development and jobs.
By the end of 2023, 50 jobs will be created by the enterprises that will graduate from the program. Also, 100 intern jobs will be created contractually within the enterprises.
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