Beneficiaries of the Global Business Social Enterprise (GLOBASE) are said to be progressing well in terms of implementing their projects by continuously receiving help form the Local Enterprise Authority (LEA).
GLOBASE is a graduate business programme designed and implemented by the Kelley School of Business at the Indiana University for post graduate business students. In 2013, LEA entered into a partnership with Institute of Development Management Botswana (IDM) Botswana. The partnership was meant to assist Botswana SMME’s with mentoring interventions through IDM’s partnership with the Kelley School of Business.
Speaking on Monday at an event to welcome a batch of students from the school, LEA chief executive, Dr Tebogo Matome said so far those who have benefited from the programme are progressing in well in their various enterprises
The three-year partnership has over the last two years seen five LEA clients flown to the US each year where they received free advice from the school of business on how to improve their businesses in order to attain competitiveness and sustainability. The 2015 beneficiaries will take the number of those who profited from the programme to 15.
Matome said their partnership with Kelley school will bring sustainability into such SMME’s and contribute towards the diversification of the local economy and employ other citizens. For the whole of this week, the five selected LEA assisted SMME’s from various sectors of the economy which include a bakery project, sorghum milling, packaging materials manufacturing, hospitality facility and a business consultancy firm will host post graduates at their operations to receive advice.
As the partnership between the two institutions runs into the final lap, LEA Deputy CEO for Client Services, Cosmas Moapare said he was hoping that the Indiana University management will consider the extension of the programme so that more Batswana businesses can benefit.