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Entrepreneur Identification Programme

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by , 21st April 2009 at 10:15 AM (730 Views)
Quote Originally Posted by miltonlouw View Post
Exactly Omer, if we know this happened last time with the ODC, Avid, etc.
"All that is necessary for the triumph of evil is that good men do nothing"

Knowing this opportunity exists and allowing only unscrupulous people to participate without providing viable alternatives makes us just as guilt!

So how about:

Entrepreneur Identification Programme
The Entrepreneur Identification Programme (EIP) is a Private Public Partnership. In other words a company that wishes to identify potential clients for its products or services, wishes to target SME’s, for example the Financial Advisors of the insurance industry. Together with the Ministry of Trade and Industry (or a designated consultant), a roadshow is designed to identified areas within the country.

A step-by-step approach is followed in each area:
Step 1: Identify all businesses and entrepreneurs in the geographical area (census)
Step 2: Invite registration by owners / managers in the EIP.
Step 3: Provide workshops of business studies
Step 4: Entrepreneurial skills testing and certification
Step 5: Mentoring programme (preparation of business proposal and deliverables)
Step 6: Financing mechanism put in place, i.e. share participation by pension funds, loans from development bank, preferential shares with specified dividends for a set period, etc.
Step 7: Constant monitoring (every three months)

As the business grows, it will require more and more services, such as short-term insurance, bookkeeping, etc. The business advisor from the Private Partner Company now has a group of clients that can be serviced. The relationship between the advisor and the entrepreneurs becomes a network of services in the geographical area.

END

BTW - the quote does not come from Burke as presumed, see: essay
Part of discussion on pension funds and how the 5% should be invested locally.

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