Project Description
The objective of the Project is to improve the business practices of local small and medium enterprises and help increase their access to market opportunities, as well as improve socio-economic conditions of communities hosting oil, gas, mining, agribusiness and large infrastructure projects in 5 selected municipalities and districts in the Western Region of Ghana.
The Project will cover the following 3 components:
COMPONENT 1: Local Content Development
Build the technical, financial and operational capacity of local small and medium enterprises (including women-owned businesses), to improve their business practices and competitiveness;
COMPONENT 2: Local Economic Development
This component aims to strengthen the financial, technical and management capacity of micro, small-scale enterprises operating outside the oil, gas and mining sectors (including women and youth groups) and increase income generation. This will include a focus on supporting livelihood interventions in selected communities, and the provision of business and financial management training and other capacity building interventions;
COMPONENT 3: Institutional Capacity Building
This component aims to strengthen the capacity of identified and selected local institutions and stakeholders to improve their engagement on local economic development, and to position local women to increase their participation in decision-making at the local level. The project will therefore support the development of the identified local institutions to provide sustainable business development services to local businesses and business member associations.