NBSSI To Establish Business Incubators

The National Board for Small-Scale Industries (NBSSI), intends to establish Four Business Incubators  in  Ashanti, Greater-Accra, Northern and Central Regions,  on a pilot basis.

Mr Lukman Abdul-Rahim, Executive Director of the NBSSI,  who made this disclosure in an interview with the Ghana News Agency in Accra, explained that by business incubation, the Board will utilize the concept of incubation in Agriculture or Animal Husbandry, and  put together  start-up,  as well as practising businesses.

Mr Abdul-Rahim said, they will be made  to take advantage of resources, information, and targeted capacity building,  to address pertinent challenges in their businesses over a specified period of time, adding that   at the Board’s  training centre, the  incubatees will spend between  six months and one year.

Furthermore, he said, NBSSI is to implement small-scale district industrialization initiatives in 30 pilot districts across the country.

Mr Abdul-Rahim  intimated that with technical support from JICA of Japan, the Board will soon start a project, that is, the introduction of the KAIZEN Methodology,  to small businesses,  which he said, will impact positively on productivity.         

He reiterated that NBSSI will continue to provide general Business Development Services (BDS) to small-scale enterprises, and support its clients with programmes that will enable them access various forms of credit available in the country.

He pledged the Board’s determination  to create district offices, in order  to bring BDS closer to the doorsteps of small businesses          

The Executive Director  said in order to achieve its desired aims and  objectives, the Board will be required to have a  qualified and competent human resource base.

‘We shall continue to upgrade competence of our staff,  for them to continuously provide excellent services to small-scale businesses, to enable them become competitive, and be able to create jobs to increase incomes.’

Mr Abdul-Rahim said, currently NBSSI is collaborating with a host of private and public institutions to provide BDS for the growth and development of the private sector.

The institutions, he said, include the Ministry of Trade and Industry, EDIF, the Rural Enterprise Programme, Local Assemblies, the European Union (under the TRAQUE Programme), the Ghana Standards Authority,  and  JICA, among others.

The Executive Director stated further that the Board is currently working on a project with Cocoa Life, in cocoa-growing communities in the country, where the  farmers are benefiting from BDS.