Basotho Enterprises Development Corporation
BEDCO Programmes

Entrepreneurial Capacity-building
Ichorise Mohoebi

Ichorise Mohoebi is BEDCO’s flagship programme cutting across all other services provided by the organisation. It is a capacity building programme with 3 components namely:
i) Business Management Training,
ii) Technical skills training in various trades and
iii) Mentoring services.
There is also an Iketsetse Mohoebi Productivity sub-programme which focuses on crafts.

Business Management Training

There are three generic training manuals for MSMEs business management training namely, Start Your Business Module, Operate Your Business Module and Grow Your Business Module which will be the anchor for implementation of the Ichorise Mohoebi Entrepreneurial Capacity Building Program. Apart from these manuals, International Labour Organization’s accredited training packages such as Women’s Entrepreneurship Development Program (ILO-WED) and Start and Improve Your Business Program (ILO-SIYB) will be administered to the relevant groups by accredited trainers. A third category of training materials will be those developed by the Consultants for specialized topics such as quality management and branding & brand management.

Technical Skill Training

While were are known for our expertise in the textile and woodwork technical skills training, we also offer training in various other trades depending on the identified needs of our clients such as catering and food processing skills.

Mentoring Services

While were are known for our expertise in the textile and woodwork technical skills training, we also offer training in various other trades depending on the identified needs of our clients such as catering and food processing skills.

Iketsetse Mohoebi

The entrepreneurs will be provided with technical skills in the sectors of crafts, grass-made products, pottery, jewelry, aloe products, mosaic and other craft work by an external technology consultants to start or improve their business enterprises using natural resources or easily accessible raw materials. The technology consultants will develop the training materials which will be approved by BEDCO for training. Upon completion of technical training, business management training is provided. Once the entrepreneurs have been provided with both trainings, a day is selected where the demo products are displayed and potential stakeholders and buyers are invited. A value chain around the product is developed and relevant stakeholders identified. BEDCO consultant will then assist the entrepreneurs with other BDS support. The trained entrepreneurs will also be considered for incubation based on BEDCO’s Incubation Policy. All arts and crafts related projects which BEDCO implements with its strategic partners such as CIEP will be implemented under this sub-programme.

Program Objectives

The capacity building program is intended to achieve the following objectives:
• To capacitate entrepreneurs to operate their businesses competitively
• To improve technical skills, product development and creativity of MSMEs in the identified priority sectors

Outcomes

The capacity building program is expected to yield the following outcomes:
•Improved efficiency and effectiveness in running businesses. At least 80 workshops will be conducted per year for various modules according to the identified needs.
• Establishment of new enterprises. At least 30% of people trained in business start-up, and offered other support services will establish new businesses in a year.
• Improved product quality compared to the year before.

Impact

The proposed program is expected to facilitate the development of sustainable and competitive MSMEs which will contribute towards job creation and poverty reduction in Lesotho.

Incubation

Background

Incubation is one of the interventions that BEDCO has embarked on as a means of assisting entrepreneurs to access business support services including work space and machines. BEDCO is now in the process of revamping carpentry incubation within its premises. BEDCO also operates one textile incubator in TY.

The woodwork incubators consist of 3 time frames covering 3 incubation stages as follows:
• Pre-incubation stage: 3 months,
• Incubation stage: 9 months,
• Post incubation stage: 12 months.

Aims and Objectives

• To facilitate establishment and promotion of small businesses by people who possess operational skills in woodwork and who aspire to start businesses but lack the necessary capital and business skills to do so. Specifically, the incubation centre will;
• Give incubatees free but supervised access to the workshop and all the machines,
• Capacitate the incubatees to be able to source markets for both supplies and their products,
• Facilitate business start-ups and capacitate incubatees to operate businesses efficiently.
• Foster entrepreneurship culture to ensure sustainable businesses that can contribute to the economic growth through job creation.
• Expose incubatees to different challenges which the entrepreneurs are normally faced with.
• Expose the incubatees to different sources of financial support for local businesses.

Outcomes

70% of incubated businesses become sustainable and exist beyond post incubation period

Target Market

Applicants must have sound technical skill in manufacturing of chosen woodwork product. Existing businesses which have employees, are allowed to bring them along as the plan is to have individual businesses provided with work units in BEDCO estates. Fig.1 below shows the groups of potential and existing entrepreneurs/businesses targeted for Sebaboleng Woodwork Incubator. The programme targets individuals/groups who have passion and self-drive to start and run own businesses but lack capital to do so.
Youth who have graduated from technical training institutions
Have passion and self drive to operate a business but lack capital
Aspiring entrepreneures who possess technical skills and lack capital to start
Existing businesses which are struggling to access machines and workspace.
Target Market groups

Business incubation process

Our incubation follows a 5 stage process as shown bellow
Stages 1 and 2 are generally the logistics stage where the public, and various stakeholders are sensitized about the programme and invitations are called from the qualifying individuals and groups.
1.
Awareness
2.
Application
3.
Preincubation
4.
Incubation
5.
Postincubation

CASKET INCUBATORS PROCESS

Background

Incubation is one of the interventions that BEDCO has embarked on as a means of assisting entrepreneurs to access business support services including work space and machines. BEDCO is currently implementing carpentry incubation within its premises at Sebaboleng estate, all the companies in this incubation program produce furniture. To enhance this incubation program, BEDCO is planning to add companies that produce caskets to the program. This document seeks to propose some ideas on how Sebaboleng Incubator can be improved through inclusion of casket making companies. This proposal is a collection of new ideas and adaptation of ongoing woodwork incubation. EDD designed the following guidelines that will be applicable to Casket Incubation Program.
It is proposed that woodwork incubators should consist of 3 time frames covering 3 incubation stages as follows:
i) Pre-incubation stage: 3 months,
ii) Incubation stage: 9 months,
iii) Post incubation stage: 12 months.

Aims and Objectives

To facilitate establishment and promotion of small businesses for people who possess basic skills in casket making and who aspire to start or improve businesses, this opportunity targets people who lack access to the required capital and technology. Specifically, the incubation centre will;
• Give incubatees free and supervised access to the workshop and all the machines,
• Capacitate the incubatees to be able to source markets for both supplies and their products,
• Facilitate business start-ups and capacitate incubatees to operate businesses efficiently.
• Foster entrepreneurship culture to ensure sustainable businesses that can contribute to the economic growth through job creation.
• Expose incubatees to different challenges which the entrepreneurs are normally faced with.
• Expose the incubatees to different sources of financial support for local businesses.

Outcomes

70% of incubated businesses become sustainable and exist beyond post incubation period

Target Market

applicants must have basic technical skill in manufacturing of caskets. Existing businesses which have employees, are allowed to bring them along as the plan is to have individual businesses provided with work units within BEDCO estates. Fig.1 below shows the groups of potential and existing entrepreneurs/businesses targeted for Casket Incubator. The program targets individuals/groups who have passion and self-drive to start and run own businesses but lack capital to do so.

Youth Entrepreneurship Promotion Programme

Introduction

The Youth Entrepreneurship Promotion Programme is a programme which assists youth to come up with creative business ideas which will be pitched in a forum. There will be adjudicators who assess viability of business ideas pitched by youth in presence of enterprise development agencies, successful business leaders and moguls as well as other large businesses, financial institutions such as banks, insurance companies and many others who can have interest in supporting a viable business idea.

Programme Goal

The goal of the programme is to nurture the youth and promote their quest to venture into business for job creation and long-term poverty eradication.

Programme Objectives

• To instill business creativity among youth in generating viable business ideas which can attract funding,
• To instill a sense of responsibility among enterprise development agencies, successful business leaders and moguls as well as other large businesses, financial institutions such as banks, insurance companies to contribute in the promotion of entrepreneurship among youth,
• To trigger a sense of entrepreneurship among youth to take the first step towards business by coming up with creative business ideas,
• To give youth hope that what the business ideas they have are receiving recognition by others who can help develop them into viable business,
• To help youth participate in youth development programmes and consequently take them from the streets where their future destiny may be buried in the sand as a result of despair,

Target Market

applicants must have basic technical skill in manufacturing of caskets. Existing businesses which have employees, are allowed to bring them along as the plan is to have individual businesses provided with work units within BEDCO estates. Fig.1 below shows the groups of potential and existing entrepreneurs/businesses targeted for Casket Incubator. The program targets individuals/groups who have passion and self-drive to start and run own businesses but lack capital to do so.

Creative Industries Promotion Programme (CIPP)

Introduction

The Creative Industries Promotion Programme (CIPP) is intended to improve Basotho crafts to be locally and internationally marketable and link the local producers with international buyers. The project approach is as follows:

Identification of artisans

When new artisans enrol in the project, they fill entrance forms, a consultant then visits the workshop to take pictures of the workshop, products and producers at the workshop. The pictures are then included in the entrance form. The producers will then sign contracts as members of the project. The identified producers are then given chance to meet the lead consultant either through a physical visit to their workshop or at the mini expo organised for the lead consultant.
The lead consultant identifies the producers who have capacity to produce for the international market and identify the skills gaps or general production gaps. The lead consultant will then arrange for capacity building by inviting designers or otherwise. When the lead consultant believes that the producers are export ready, she will invite international buyers to buys. When the buyer is on the buyer tour, the lead consultant will give the buyer the chance to meet different buyer agents and so that they choose an agent with whom they will work. The lead consultant will also arrange for the producers to participate in the international exhibitions.

Programme Goal

The goal of the programme is to nurture, cultivate and promote the creative and artistic talent with which Basotho are endowed. It is to expose the overt and covert creative abilities of Basotho and turn these into business.

Programme Objectives

• To cherish the artistic sublimation of Basotho and develop it so that it has greater business dividends for those talented,
• To expose the covert and overt talents of Basotho in various sectors with intent to encourage them to develop these into grand enterprise,
• To inculcate the entrepreneurship culture among talented Basotho, who perform their artistic work as a hobby,
• To pull talent in areas where such is not recognised and encourage those endowed with the creative sublimation to adapt the enterprising spirit,

Modalities and approaches to be applied to implement the programme

Talent scouting: The programme will identify talent among Basotho
Exhibitions & shows: The programme will expose entrepreneurs’ products to potential markets,
Competitions: Competitions will be held in various categories to recognize the best
Screening: There will be a screening process for picking the best MSMEs
Capacity-building: BEDCO will develop the technical skills of identified MSMEs