Local Content Development Project For Youth Led And Women In Business Msmes Moz Yweb Start Up Project The Principal Objectives Of This Project Are To To Create A Minimum Of 100 New Jobs For Youth Led Msmes 50 For Webs 25 Of Msmes Reporting At Least A 10 Increase In Sales 50 Webs 25 Of Msmes Reporting At Least A 10 Increase In Profits 50 Webs Support 25 Msmes 50 Webs To Win Us 500 000 Worth In Contracts LargeCompanies And Government Entities Ngo S And Other Smes Facilitate To 25 Msmes 50 Webs Access To Finance Worth Us 500 000 FromFinancial Institutions Provide Technical Assistance And In Depth Advisory Services For At Least 100 Msmes Resulting In 50 Msmes Reaching The Required Levels Of Competitiveness And Identify 50 Msmes Appropriate Contract Opportunities Including 25 Partnership And Or Joint Ventures Opportunities With A Total Of Us 1 500 000 3 The Project Includes The Following Components Component 4 Contract Connector Link It Covers The Promotion Of B2b And G2b Linkages And Networking To Help Match Msmes To Contracts Facilitate Smart Partnership Opportunities And Support Msmes To Navigate Buyers Company Procurement And Tendering Processes And Access Contracts Component 3 Msme Competitiveness Link Support The Development Of Competitive And Innovative Msmes In Priority Sectors By Working With Target Msmes To Identify Innovative Solutions To Address Gaps Limiting Their Competitiveness To Access Relevant Work Scopes Contracts And Partnership Opportunities Identified In Component 2 Provides Msmes With A Combination Of Mentorship And Coaching Technical Advisory Access Certification Accreditation Facilitate Access To Finance Loans Invoice Discount Factoring Etc With Financial Institutions As Well Capacity Building Training Projects In Finance Accounting Corporate Governance E G Anti Bribery Corruption Marketing Human Resources And Personal Productivity Business Planning Operations Management And Entrepreneurship Additional Training On Covid 19 Matters Might Also Be Provided Component 2 Opportunity Aggregator Link This Component Deals With The Delivery Of Robust Supply Demand Diagnostics And Stakeholder Coordination To Identify And Define Msmes Partnership And Contracting Opportunities Associated Directly With Several Sectors Developments As Well As Indirectly With The Additional Enabling Infrastructure Investments Required To Enable Industrial Connectivity And Address Bottlenecks Component 1 Institutional Support To Ipeme The Institute For The Promotion Of Small And Medium Enterprises Ipeme Is A Public Entity With Administrative And Financial Autonomy Established Under Decree No 84 2019 Aimed At Boosting And Developing Micro Small And Medium Sized Enterprises Msme S However The Entity Faces Several Challenges And Constraints As A Public Entity With Limited Financial Resources And Human Capital Skills To Fulfill Its Mandate Therefore Part Of The Funding Will Be Used To Improve Its Capabilities And Provide A Strategic Direction As Well As Operational Guidance To Allow Successful Delivery Of The Project With The Final Aim Of Creating Sustainability In The Long Term Therefore Activities Will Include A Strategic And Business Plan Marketing And Communication Plan Including Web Portal Upgrade Flyers Brochures Upgrade Either In English And French Etc Human Resources Development Plan Capacity Building Project Workshops For Stakeholders Engagement And Institutional Promotion And Training And Capacity Building Of The Project Management Unit Pmu Staff Strengthening M E Systems Etc And Component 0 Project Management Supports The Cost Associated With The Hiring Of An External Project Manager Adhering To Afdb Requirements Such As An Independent Evaluation And Auditing Activities And Other Miscellaneous Expenses That May Arise During The Implementation Of The Project
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