Business Development Services (BDS) may be defined as those services and products offered to entrepreneurs at various stages of their business development journey, from business idea development all the way to growth and maturity of the business. These services are mainly aimed at skills transfer or business advice.
Under BDS, we provide the following services:
(i) Training for SMEs:
We prepare the following training programmes addressing areas such as:
- Business Start-Up
- Business Expansion
- Business Rehabilitation
- Business Management
- Monitoring and Evaluation
- Training for Small Business Consultants:
- Pre-retirement Training
- Business Counselling
The Centre also develops tailor made programmes based on the individual needs of clients after undertaking a comprehensive training needs assessment to determine their specific requirements and the existing gaps in management practices. The following programmes have been developed by the Institute to address specific needs of entrepreneurs and they are offered regularly.
Below is a brief description of the above training programmes.
Business Start up: The course prepares participants in starting their own small business and enables them prepare â€œbankableâ€ business plans. The course establishes a proper foundation for the survival and growth of a start up business and enables entrepreneurs make management headways mitigating mistakes in the start- up phase
Business Expansion: The course helps entrepreneurs understand and articulate their expansion needs and enables them to prepare a business plan for expansion.
Business Rehabilitation: The course offers an effective approach in rehabilitating ailing businesses by enabling entrepreneurs understand their problems better and prepare a counteractive plan.
Business Management: This programme covers a variety of management concerns relevant to small growing businesses, e.g. leadership and management, financial planning, communication teamwork etc.
Monitoring and Evaluation: The programme addresses the increasing need of institutions to monitor and evaluate their small business promotion programmes and provides suitable monitoring concepts and practicable solutions.
Training for Small Business Consultants: The programme focuses on building and strengthening contemporary consulting and training methods for small businesses and familiarizes participants with experiential learning. The programme seeks to enhance consultancy skills among individuals and corporates, enabling them to become highly qualified consultancy practitioners.
Pre-retirement Training: The programme focuses on providing business and management skills to persons who have left/are preparing to leave employment and wish start their own businesses.
(ii) Consulting for SMEs
KIM- CED undertakes consultancy assignments related to enterprise development to meet the needs of SME clients or the needs of SME Support Organizationâ€™s as may be appropriate.
(iii) Research for SMEs
KIM- CED undertakes research assignments related to enterprise development to meet the needs of SME clients or the needs of SME Support Organizationâ€™s as may be appropriate.
(iv) Conferences and Symposia on Entrepreneurship Development
In order to provide a forum for the dissemination of new ideas and concepts and the sharing of experiences, KIM through CED organizes local and international conferences on Entrepreneurship Development which draws participants from the SME sector.