The SME Training for ICS producers to become the SME Entrepreneur

From 8-9 September 2014, a Small and Medium Enterprises (SME) training for Improved Cook Stove (ICS) producers was held at Pakse Hotel in Champasack Province.

The main objective of the training was to provide support to improve the ICS value chain, and to build the capacity of the ICS technical team. Many aspects were covered in the 2-day training from developing business skills and investment and business plan writing to providing a solid understanding of ‘franchise business models’ and SME registration requirements.  The workshop also detailed methods for increasing access to finance to improve production and how to establish a producers association.

 

The capacity building components also aimed to develop SME practices including how to apply for and manage a loan from local banks. This was identified as the primary skill needed for all producers to develop their business and to be able to build and improve their financial management, producing and marketing skills.

In total, 54 participants attended the workshop of which 24 were female.

The next plan is to follow up the Business Plan that link to the establishment of the SME Entrepreneur in all three provinces.  

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