The BeniBiz project signed on June 30, 2017, financed by the Dutch Ministry of Foreign Trade and Development and then by the Swiss Agency for Development and Cooperation, is implemented by the American NGO TechnoServe in collaboration with BoP Innovation Center. BeniBiz is an inclusive, global business acceleration project that will support 2,500 young entrepreneurs, 750 agri-food SME entrepreneurs and 150 entrepreneurs selling nutrition products across Benin over a five-year period. This project will help micro, small and medium enterprises (MSMEs) led by men and women to overcome the challenges of their growth, by developing competitive enterprises mainly in the agri-food sectors; which will generate more wealth for Beninese through improved sales and the creation of new jobs. These enhanced MSMEs will also improve food security through improved consumer access to nutritional products and increased agricultural trade with local farmers.
The BeniBiz project has entered its active phase since June 2018 with the launch of Cohort 1. A few months later, Cohort 2, whose care support was completed at the end of May 2019, was launched aftercare support. In short, for these two cohorts, nearly 700 entrepreneurs followed the training-coaching sessions and benefited from the support of BeniBiz.
It is therefore opportune to award them diplomas that attest to their proven entrepreneurial skills through the various BeniBiz training, coaching and follow-up services provided to them. Thus, from 24 to 30 July 2019, BeniBiz has traveled all its localities of operations to issue these certificates with trophies to the 700 entrepreneurs already beneficiaries, through ceremonies very simple and full of joy and solemnity with the presence of these entrepreneurs accompanied by their families. The recipients, very honored and proud, expressed their positive mood and showed their enthusiasm to encourage other entrepreneurs to join the BeniBiz program. Some pictures of the highlights of these ceremonies.
After the recruitment and selection phase of the entrepreurs' applications in the months of June-July 2019 (Micros, Small and medium-sized enterprises) for the cohort 3 in all the departments of Benin with the exception of the littoral (Cotonou), BeniBiz started in August 2019 the series of training courses for 350 new entrepreneurs sorted out of more than 1000 files on the basis of the following eligibility criterias:
* To be a company everywhere in Benin except the littoral
* Have been in business for at least 6 months
* Being in any sector of economic activity except the purchase-resale
* Have a monthly turnover between 120 000F CFA and 4 200 000F CFA
As part of these training courses, four modules are planned over 4 months with the following themes:
1) Module 1: How to develop your activity? How to recognize his opportunities?
2) Module 2: How to determine your costs, calculate your profits and grow your income?
3) Module 3: How to sell more? Sales and marketing strategies
4) Module 4: Financing my growth
BeniBiz team is currently working on rolling out module 1 of these training courses in its 11 operational departments. Some pictures just below