The newly established Business Resource Centre in the Wa Municipality has been opened to provide business advisory and training services to prospective clients within the operational area.
General Manager of the BRC, Abu Ibrahim Tamaah made this disclosure at a stakeholder consultation meeting with chiefs in the Waala Traditional Area organized by the centre at the office space in Wa.
Addressing the chiefs at the meeting, Mr Tamaah indicated that many businesses in the region require a lot of capacity building training and funding to be able to grow and expand, therefore the need to establish a centre in the municipality. He mentioned that plans were far ahead to begin operations within the shortest time.
“We are kicking off as soon as possible, that’s why we are seeking the blessings of the chiefs. After mobilising some few clients and assessing the health status of their businesses and discovering the potentials in them, we will help them to write business plans and connect them to get credit for their businesses”.
Pikpong Naa, Badiu Adams, a divisional chief who spoke to the media after the meeting said they were elated about the initiative and charged the staff of the centre to work hard towards the mandate for which the BRC was set up. He expressed optimism that with the support and cooperation of the chiefs, the operations of the centre would be successful.
The Business Resource Centre is established as a one-stop enterprise support centre at the district level to provide a broad range of business development services (BDS) to potential and existing entrepreneurs and enterprises in the Wa Municipal, Wa East and Wa West Districts. They also operate as financial and investment facilitation hubs and business information repositories for Micro, Small and Medium Enterprises (MSMEs).
The establishment of BRCs is being financed by the African Development Bank (AfDB) and International Fund for Agricutural Development through the Rural Enterprises Programme (REP) of the Ministry of Trade and Industry. In all, 67 BRCs are being established by REP nationwide, with 37 already completed and commenced operations.