Sustaining BDS Programmes
Hi Jealous and Colleaques,
The sustainability model that is good for entrepreneur are:
- Conducting a BDS market assessment - this has to do with understanding the markets in order to identify weaknesses and opportunities which has to do with demand and supply of services and the extent of market distortion
- Agree on Delivery and payment Mechanisms- This requires attention to delivery and payment mechanisms as part of the BDS products
- Have an Exist Strategy as the start - This need to be built in the implementation and roll out of project but not at the mid-way 0r towards the end of the project
- Proper selection of Partner Institutions-This has to do with developing a transactional relationships with small enerprises clients based on exchange rather than charity,
These are practical tips that i and few that i know put into consideration for their enterpreneurship development and yielded positive result.
Many thanks for your wella argued intervention. It outlines some of the important steps that are necessary to build in the concept and achieve sustainability. The issue of identifying a need at the start, backed by a proper analysis (needs assessment) will be able to demonstrate a felt need. The issue of payment mechanism is important. Entrepreneurs, including youth entrepreneurs, are rational people. They wil pay for something that brings in value. They will pay for something that will help them to grow. So, if something is good, they will pay for it. The issue of proper selection of partner instituions is extremely important as well. Very important. If you have the wrong bed fellow, things will never work.
You reminded me about the three dimensions of sustainability, which I will allude to as I summarize my discussion in a few minutes. Check it out in a few minutes. JC