business ADVISORY CENTER
Agnes Bempong
District Director of Business Advisory Centre
The Business Advisory Center (BAC) is a local office of the Ghana Enterprise Agency (GEA), focused on supporting Micro, Small and Medium Enterprises (MSMEs). The center provide a range of services to help MSMEs grow and become more competitive.
VISION OF THE DIRECTORATE
To create a vibrant entrepreneurial economy by fostering the growth and development of MSMEs.
MISSION STATEMENT
To improve the competitiveness of MSMEs by facilitating the provision of business development programs and integrated support services.
FUNCTIONS OF BUSINESS ADVISORY CENTRE
- Creating an Enabling Environment:
- BAC work to foster an environment conducive to MSME growth by offering support and guidance to entrepreneurs.
- They facilitate access to various resources and information needed for businesses to start, operate, and expand.
- This includes helping businesses navigate regulatory requirements and access relevant government programs.
- BAC work to foster an environment conducive to MSME growth by offering support and guidance to entrepreneurs.
- Providing Business Development Services:
- BACs offer a range of non-financial services tailored to the needs of MSMEs.
- These services include business training, coaching, and mentoring to enhance managerial and technical skills.
- They also help MSMEs with market access, product development, and improving overall business operations.
- BACs offer a range of non-financial services tailored to the needs of MSMEs.
- Facilitating Access to Finance:
- BACs play a key role in connecting MSMEs with potential lenders and investors.
- They provide support in preparing loan applications, accessing grants, and managing financial resources.
- This assistance helps MSMEs overcome financial barriers to growth and sustainability.
- BACs play a key role in connecting MSMEs with potential lenders and investors.
- Supporting Business Associations and Networks:
- BACs work to strengthen business associations and promote networking among MSMEs.
- They facilitate collaboration and knowledge sharing within specific sectors and industries.
- This support helps MSMEs build stronger relationships, access new markets, and collectively address common challenges.
- Promoting Entrepreneurship and Innovation:
- BACs actively promote an enterprise culture in Ghana by encouraging entrepreneurship and innovation.
- They provide guidance and support to individuals interested in starting new businesses.
- This includes helping them develop business plans, access training, and navigate the initial stages of starting a business.
- BACs actively promote an enterprise culture in Ghana by encouraging entrepreneurship and innovation.
C. FUNCTIONS OF DISTICT EDUCATION DIRECTORATE
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