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More firms acquire Business Development Services

The National Industrial Research and Development Agency (NIRDA) is equipping companies engaged in poultry, piggery, and animal fees with Business Development Services to help them increase management and productivity of their businesses.

The training is part of NIRDA's Open calls Program where NIRDA helps selected companies to acquire upgraded technologies to boost productivity and competitiveness of locally produced products.

Beneficiaries are from firms that participated in the NIRDA’s Open Calls Program and at least

reached the second phase.

Under its Business Advisory Services, firms acquire Business Advisory Services (BDS) which cover different modules.

Such modules include entrepreneurs' profiles, business model canvas, sales strategy and marketing, bookkeeping &financial statements, procurement process (tendering and bidding), business growth strategies, risk management, investment readiness among others.

Firms that participated in the Open Calls and reached the second phase also acquire Business Development services including business advisory services and technical assistance.

According to Emmanuel Mutabazi, the Acting Head of Department, Technology Acquisition, Transfer and Commercialisation, the BDS focusses on training, coaching, and mentoring firm managers in different areas for them to be competent enough to run their businesses.

According to Emmanuel Mutabazi, the Acting Head of Department, Technology Acquisition, Transfer and Commercialization, the BDS focusses on training, coaching, and mentoring firm employees and managers in different areas for them to be competent enough to run their businesses.

“NIRDA’s Business Advisory Services (BDS) was designed to elevate the level of skill set for local entrepreneurs, it focuses on training, coaching and mentoring. The support includes but not limited to entrepreneurship mindset change, creative ideas, marketing as well as advanced business management,” Mutabazi he said

“Beneficiaries of Business Development Services apply the acquired skills, and the support provided in return increases the quality and quantity of localy made products hence competing with imports and we hope that the BDS is one of enabling approach for companies to contribute towards achieving this,” he added

As part of the BDS, the gap assessment exercise was conducted to assess the gaps and challenges in a bid to provide training geared towards addressing the identified gaps.

“NIRDA identifies the gaps through one-on-one consultations approach of its clients to understand the underlying challenges to be addressed under Business development services” Mutabazi noted.

It is worth noting that NIRDA has been providing BDS to other companies in the urbanization sector, namely those involved in stone and clay value chains through Business Networking Company (BPN Rwanda).

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