The first-ever entrepreneur mbiti is to be rolled-out on Thursday, with new services and initiatives including a “co-op”, a marketplace and a new website to help businesses of all sizes grow.
Entrepreneur mbetis program will begin on Monday, with the first batch of participants due to be in the field by early April.
“It is a really exciting opportunity to have a pilot program in the marketplace,” Mr Williams said.
“This is an opportunity for new businesses to start, to start from scratch, to get the capital they need to get on their feet and get to where they want to go.”
He said the initiative was the latest example of the Mbeti’s commitment to creating a thriving business ecosystem, adding the Mbti was also targeting business owners with a range of skills to help them expand.
“Our first group of participants is going to be individuals with entrepreneurial experience,” Mr Wright said.
“They will come in, they will be assessed, they’ll do some training, they’re going to get a portfolio of some really cool projects that they can bring into their business.”
Mr Williams said the launch would be similar to the one launched earlier this year, which was a pilot trial of the program with over 300 businesses and was run by the Australian Taxation Office.
The program, which has been in the works for nearly a decade, was designed to help entrepreneurs develop their skills and build their businesses, but it will also allow people to build their own businesses.
“The Mbtis program is not about just launching businesses but it is about supporting entrepreneurs to start their businesses,” Mr Williamson said.
“The program is about creating a network of business people who are capable of doing this, who can provide value to their community and also to help their businesses grow.”
In the pilot program, businesses will be able to use a combination of existing businesses and existing networks to create new businesses.
Entrepreneurs will also be able set up a business-to-business (B2B) relationship and hire staff.
“When we launched the pilot, we didn’t have the capacity to create a B2B network.
We wanted to create the network we had, but we also wanted to help individuals and businesses who were already doing business and to help the broader community as well,” Mr Bryan said.
Mr Williams and Mr Bryan both believe the pilot could have a positive impact on business, but said they would be keen to see the program expand to other sectors and industries as well.
“We are not going to roll it out everywhere, but this is the first time it has been rolled out, so we hope that we will see it rolled out to other industries and to other businesses as well, as well as other sectors,” Mr Byrne said.
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