Fifty-five (55) entrepreneurs began accelerated business training when the National Entrepreneurship Development Company Limited (NEDCO) launched the third cohort of its Programme on Monday.
The Programme was launched with the intention that entrepreneurship can be an important contributor to economic development, job creation and poverty alleviation. The programme aims to increase the likelihood of success for start-ups and early-stage entrepreneurs, as well as develop a more innovative and enterprising breed of entrepreneurs.
Cohort 3 has the largest number of participants to date and the programme will maintain its focus on entrepreneurship education, namely: continuous improvement in the quality of products and services; the sustainability of the businesses; training entrepreneurs simultaneously as a cohort, with the advantage of the cross fertilization of ideas and sharing of experiences; the adoption of best practices; an intense development process of limited duration; and a structured programme of business oriented activities.
Speaking at the launch, Minister of Youth Development and National Service, Foster Cummings said, “The NEDCO Business Accelerator Programme is geared towards equipping entrepreneurs with the effective tools which will allow them to compete in the markets in which they trade, to be able to access entrepreneurial development training and customised accelerator services. It assists the Cohort Participants, nominated by Partner Organizations, who are committed to developing their choices in commercial success.”