Signing Ceremony of the EMPRETEC Gambia ProjectJun 12, 2014
The UNDP Resident Representative (RR), Ms. Ade Mamonyane Lekoetje and the Minister of Trade, Industry, Regional Integration and Employment, Hon. Abdou Kolley, signed the EMPRETEC project - “Establishment of EMPRETEC Model of Enterprise Support Programme” at the Ministry of Trade, Industry, Regional Integration and Employment on 12th June, 2014.
EMPRETEC is an integrated capacity building programme of UNCTAD that is currently operating in 35 countries across the developing world. EMPRETEC distinguishes itself from other training by offering a behavioural approach to entrepreneurship. Research undertaken has demonstrated that there are a series of ten key personal entrepreneurial competencies (PECs) represented by thirty behaviours associated with successful entrepreneurs.
The EMPRETEC Programme reinforces and strengthens these competencies through an Entrepreneurship Training Workshop (ETW) that involves self-assessment, individual transformation and business stimulation activities.
In her opening remarks, the RR thanked the Minister and his staff for their support during the six months’ project formulation. She mentioned that although the formulation took time, the consultative process guarantees stakeholders interest and ownership, ensuring the expected contribution of the project in promoting entrepreneurship in The Gambia.
On his part, the Hon. Minister thanked UNDP for another support to the people of The Gambia particularly for youth and women empowerment through the development entrepreneurial skills and enterprise development. Hon. Minister further said that the government is comfortable with the funding gap which he described realistic and hope through UNDP support other partners will participate in the project. The Hon. Minister further lamented on the need to start small and grow bigger while learning from its own experience during project implementation. Hon. Minister also reiterated the need for full participation of the private sector in realizing the project objectives. Finally he again thanked UNDP and all the stakeholders who contributed to the processes leading to the finalization of the project document to be signed today. He looks forward to the project launching/ inception workshop in the first week of July 2014.
The project is in line with the CPAP and fully supports the attainment of the National Development Strategy – PAGE: Strengthening economic management institutions and boosting employment leading to growth and poverty reduction. The project cost a total of US$2, 374, 748 of which, UNDP is committed to US2, 000, 000. The gap is expected from government and other partners.
This project will be implemented over three years, commencing July 2014 to June 2017. The objectives of the project are to:
•Build and strengthen institutional capacities to implement entrepreneurship and enterprise development programmes;
•To foster the emergence and development of a sustainable productive and competitive private sector in The Gambia;
•To create a platform to enhance stakeholder dialogue and advocacy for MSME development
The project will contribute greatly in improving the business environment and will enhance skills and install positive attitude towards transforming the Gambian people into an enterprising, productive and profitable resource for broad based accelerated economic growth and prosperity.