BAC , LEA Capacitate Aspiring Entrepreneurs

| May 7, 2015

Botswana Accountancy College (BAC) in conjunction with Local Enterprise Authority (LEA) entered into an agreement to provide and implement practical business solutions for Small Medium Micro and Entrepreneurs’ (SMME’s) incubated by LEA.

BAC and LEA signed a memorandum of understanding in 2014, which capitalised on synergies of the two organisations. The innovative partnership allowed BAC students to acquire practical on experience working with the dynamic demands of the Botswana SMME sector.

Speaking at the occasion to recognise 17 students for outstanding performance, Executive Director for BAC, Mr Michael Lesolle said part of the BAC’s success in graduating readily employable students relies on building partnership with the key industry players such as LEA.

He said they were able to enhance the learning cycle of students with real world experience. project said they have gained necessary skills needed for a young aspiring entrepreneurs and consultant.

She said they believed that with the necessary capacity building, SMMEs will be able to make substantial contribution to the economy. She added that youth had the opportunity to go into business, close the current economic gap and the dependency in government.

“It is through this consultancy that now we have a deeper understanding of the critical success factors that SMME need in order to be successful,” she said.

For his part, Chief Executive Officer for LEA, Dr Tebogo Matome said LEA clients have benefited greatly from the project through the enterprise gap diagnosis, where gaps were identified by the student consultants as well as recommendations to close those gaps, either in the short or long term.

He said the collaboration was broader as it is not meant for students and clients alone, but for other national entrepreneurial needs that could be identified during the five years period of implementation.

“This project does not end here it is going to have more other cycles into the next 4 years. Very soon, another set of students will be attached to yet another set of LEA assisted businesses,” he said.

Source : BOPA

Source : Botswana Daily News

Category: Business & Finance

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