Highlight the roles played by the Government in Promoting business incubation.

Answers

(i)Creation of an enabling environment through;
i.Purchasing consumer products.
ii.Support programmes financially of the incubation process.
(ii)Government policy to buy from incubators.
(iii)Give small scale businesses loans and grants.
(iv)Launch campaign to sensitize the private sector to work with business incubation initiative.
(v)Take a lead role in the incubation process.
(vi)Assist in the coordination, encouraging and streamling the efforts of incubation at National level.
(vii)Lobby and Rally with Kenyans in Diaspora together with developing partners to support business Incubation.
(viii)To encourage coordination of independent efforts country-wide for better synergy and a more effective Natural impact
(ix)To rally universities and other research institutions behind the concept to facilitate research and development in order to enrich business incubation
(x)To provide support to business incubation initiative by providing morale support through Media Initiatives.

sharon kalunda answered the question on April 16, 2019 at 13:23

Next: Michael deposits 1,000 in a bank at an interest rat of 10% per year. At the end of each year, the interest earned is added...
Previous: Mwalimu savings society (MSS) Pays 5% interest on shares exceeding 100,000 shillings and 3% on shares that do not meet this target. However, no interest...

View More Entrepreneurship Questions and Answers | Return to Questions Index

Highlight the roles played by the Government in Promoting business incubation.

Answers

Exams With Marking Schemes

Related Questions