SME's
Acceleration programme
Assignment
Context
FACTS was experiencing serious skill gaps in the SMEs it was working with (financing). As a form of Non-Financial Services (NFS) it was decided to help entrepreneurs on their professionalization journey.
Challenge
It is exactly in this Acceleration Phase when the complexities of running a business increase rapidly – and when the risk of derailment is a constant threat. FACTS has a direct interest in working with strong and well managed clients – and that is why it wanted to contribute to building better companies. The IGNITE seminars were intended as eye-openers and catalyzing an ambition to excel.
Solution
As a form of Non-Financial Services (NFS), ten one-day seminars were organized with a multitude of speakers (Business Development Solution providers) active in three clusters: Marketing, Operations, Finance. Each speaker addressed a particular subject from a neutral academic angle and got the opportunity to promote its own services through a marketplace that was set-up outside the plenary meeting room. The concept proofed hugely successful and was scaled to Uganda and Tanzania.
Year
2017, 2018
Place
Kenya, Uganda and Tanzania
Client
USAID
Beneficiary
SME's
Partners
FACTS