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Business Development Training and Incubation for MSMEs

The Private Enterprise Federation (PEF), the Apex Business Council of the private sector was established in 1994 with the objective of helping to create an enabling environment for private sector growth and development in the country among other core functions.

In pursuant of these objectives, the Federation solicited and received a grant from the African Development Bank (AFDB) under the Ghana Institutional Support Project (GISP). Activities under the Grant include the creation of an interactive web-based platform with various portals and modules to serve as a repository of business data and research findings to support PEF’s advocacy activities, the provision of business development and advisory services to the private sector, profile of constituent businesses of PEF member associations and chambers and other private sector businesses.

As part of the implementation of the Grant activities, PEF will train and provide business development, incubation and advisory services to 2,000 Micro, Small and Medium Enterprises (MSMEs) across the ten (10) regions of Ghana.

The incubation and training programmes will include the following programmes on need basis;

Training Modules 

A. BUSINESS START UP
  • Basics in Information and Communication Technology (ICT)
  • Developing a Business Plan
  • Risk management
  • Establishing a business in Ghana
  • Budget and Financial management
  • Acquiring a Business or Franchise
  • Human resource management
  • Operations and Marketing
  • Business development
  • Entrepreneurship and small business management


B. GROWING A BUSINESS
  • Growth and Expansion
  • Leadership for Growth
  • Business Innovations, Opportunities and Risk
  • Feasibility Analysis
  • Business Planning and Strategy
  • Organizational Change Management
  • Value chain analysis and management
  • Computer auditing
  • Project appraisal and credit management
  • Advanced financial management



Program Details

The incubation and training programmes will cut across businesses in all sectors of the economy.

  • However, 50% of businesses selected will be from the agricultural and agribusiness related value chains.
  • The other 50% will be allocated to other sectors of the economy
  • 35% of the selected business applicants from all sectors will be allocated to the Youth
  • Another 35% will be allocated to Women
  • Remaining 30% to all others

Businesses applying should NOT have more than fifty (50) employees

Selected applicants will be assigned young entrepreneurs through attachment, mentorship and secondment to assist the business to implement recommended business development strategies
Selected MSMEs should commit to participate in the programme in its entirety and strictly adhere to the following rules of engagement where applicable;

1.    Good Corporate Governance
a.    Institutional governance structure with identifiable roles and responsibilities and defined reporting channels for staff.
b.    Accurate data collection and record keeping
c.    Code of Ethics
d.    Anti-corruption
2.    Clean Tech and Climate smart operations
3.    Responsible investments
4.    Corporate Social Responsibility

CLICK HERE TO APPLY

PLEASE NOTE

No visit or Hard Copy applications to our offices will be accepted. All enquiries and questions should be submitted online and will be responded to accordingly.

A fully completed and submitted online application is the only chance for the applicant to be accepted to the programme.

Training Format

The program is going to be administered in both onsite and virtual formats. Where applicable, local languages will be deployed for easy understanding.

Only selected applicants will be contacted for face to face interview.

Training is at a zero cost to participants

 

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