The Local Enterprise Authority (LEA) and LUCARA Botswana have partnered through a Memorandum of Understanding (MOU); as a commitment to cooperate in the field of entrepreneurship and SMME development.
This strategic collaboration will among others focus on the following; Offering of appropriate entrepreneurship and business management training, business advisory, on-site enterprise coaching, as well as mentorship to assist entrepreneurs to start, grow and expand their businesses.
The partnership will also focus on the identification of business opportunities for uptake by SMMEs and communities that have the potential to create employment and contribute towards economic growth and diversification.
In addition, it will also help to facilitate resources required to accelerate SMME growth and implement impactful interventions that support business development and support services needed by the SMME sector.
LEA Chief Executive Officer Dr Racious Moatshe said “LEA assisted enterprises and community projects supported by Lucara will greatly benefit from this strategic collaboration. In addition to capacity building interventions, the SMMEs will also benefit through inclusion in the mine’s supplier database, which will avail market access opportunities”.
For her part, Lucara Managing Director, “This is a key and very strategic partnership which will help our vision to diversify the area we operate in. LEA will assist us to ensure successful and sustainable implementation of key strategic corporate social investment projects. They will assist us in bringing to fruition the ten (10) SDGs that we subscribe to.”