3 weeks ago
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The Katsina State Enterprise Development Agency (KASEDA) was established by Governor Dikko Umaru Radda, PhD, CON, arsenic portion of his administration’s resoluteness to make a supportive situation for entrepreneurs and to code the captious challenges that have, implicit the years, impeded the maturation of MSMEs successful the State.
Two years on, KASEDA, nether the susceptible enactment of its pioneer Director General, Aisha Aminu, has emerged arsenic a catalyst for stimulating economical growth, occupation creation, and entrepreneurial empowerment crossed the State. This occurrence has been achieved done strategical partnerships, innovative backing models, and capacity-building programmes, among different initiatives.
Notable among these achievements is the constitution of a ₦3.4 cardinal MSME Fund, managed by the Bank of Industry (BOI). This money has enabled MSMEs to entree interest-free loans via BOI and Sterling Bank, benefitting thousands of entrepreneurs. The inaugural has provided indispensable superior for concern enlargement portion boosting the State’s economy.
Additionally, 8,057 concern owners person benefited from operational enactment grants nether the KASEDA/KT-CARES Programme, injecting much-needed superior into these enterprises.
Similarly, successful collaboration with the United Nations Development Programme (UNDP), KASEDA acceptable up a ₦542 cardinal Victims Support Matching Livelihood Fund to reconstruct livelihoods successful frontline section authorities areas affected by information challenges.
To guarantee data-driven interventions, the Agency conducted a broad statewide MSME census, signaling implicit 600,000 MSMEs. It besides mapped much than 50,000 concern clusters and roadside corridors to amended recognize circumstantial areas of need.
Furthermore, KASEDA signed a Memorandum of Understanding (MoU) with SMEDAN for the utilization of the Industrial Development Centre astatine Sabuwar Unguwa–Tudun Matawalle successful Katsina metropolis. The centre provides state-of-the-art instrumentality successful tailoring, printing, and packaging arsenic a shared concern installation for textile, fashion, leatherwork, and agribusiness ventures.
Youth empowerment and skills improvement correspond different landmark accomplishment of the Agency. KASEDA has invested heavy successful gathering a skilled workforce done assorted trainings and capableness improvement workshops for entrepreneurs crossed the State, arsenic good arsenic for its staff.
Among these initiatives are the grooming of 3,000 younker mechatronic apprentices successful concern with the Nigeria Automobile Technicians Association (NATA) nether the Mechanic Apprentice Support Programme (MASP), and the Entrepreneurship Mindset Reset Workshop.
In concern with the Enterprise Development Centre (Pan-Atlantic University, Lagos), KASEDA is besides grooming 10,000 women crossed each 34 Local Government Areas of the State wrong 12 months—an ongoing programme.
Additionally, 217 participants graduated nether the Employability Project, with each receiving a machine tablet to heighten integer literacy and e-commerce capabilities.
Moreover, a startup superior of ₦250 cardinal was disbursed to implicit 1,000 younker done the “Building Your Future” Youth Development and Empowerment Programme.
The Agency besides secured 5,000 integer skills grooming opportunities from Wema Bank (yet to commence) and distributed 234 laptops, POS machines, mobile phones, star inverters, and Wi-Fi routers to younker beneficiaries arsenic portion of the KT-CARES IT Enhancement Support Grant nether the RA-3 Programme domiciled successful the Agency.
Furthermore, KASEDA trained 850 women and younker successful assorted concern skills done NGOs and cooperatives specified arsenic KUYECO (Amalgamated).
In addition, transformative institutions specified arsenic the Dikko Social Innovation Academy and the KASEDA Digital Academy person been launched to service arsenic incubation and grooming hubs for integer skills, innovation, and entrepreneurial improvement crossed the State.
It is worthy noting that, successful its effort to guarantee the sustainability of MSME development, KASEDA developed and unveiled the first-ever MSME Policy and Roadmap to usher endeavor maturation successful the State. Katsina, done KASEDA, became the archetypal State successful Nigeria to domesticate the National MSME Policy.
The Agency besides signed strategical Memoranda of Understanding with the Rural Electrification Agency to beforehand renewable vigor solutions for entrepreneurs, and with Tap Nigerians successful Diaspora Funding to pull diaspora investments into section MSMEs.
In fostering a thriving entrepreneurial culture, KASEDA organized the Annual MSME Day Celebration, featuring MSME clinics and the disbursement of ₦10 cardinal to outstanding entrepreneurs.
Workshops specified arsenic the Entrepreneurship Mindset Reset, which trained 500 women and youth, further show KASEDA’s committedness to transforming entrepreneurial reasoning and resilience.
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