Entrepreneurship has changed many people lives. People both at home and in other countries are warming up to the idea that there are numerous opportunities they can invest in their home country. Both public and private organizations are part of these. Some have decided to invest in the entrepreneurs while others have decided to offer support to those interested in investing their funds in their home country. The government of Kenya has come up with ways they can help people set up businesses in the country. The government has devised the following ways encourage Diaspora Support Services for Kenyans.
The government and some organizations have come up with ways to support the citizens in other countries invest their money in businesses located in the home country. This is be portraying the country as the best investment place. To achieve success in this project, the government has implemented the following things.
The best way to succeed in business is to have a mentor guide you. The mentor should have experience in the field and be willing to help. This is what the organizations and the government do. The offer mentorship to those who feel they need help in starting a business. For diaspora members, they should take advantage of the opportunity.
The organization involved mentor entrepreneurs who are interested in investing. Their mission is different from other networking organization as their main aim is to bring together business owners and entrepreneurs. They inform them of how they can grow their investments abroad or in their home country. Experts and well know leaders are the one who mentor the potential investors.
To encourage diaspora members to invest in their homeland, concerned bodies have set free training workshop for them. Training gives one confidence to try something new. Training will help members have the knowledge of how people operate their business. Besides training, they are advised on the most profitable ventures in the country.
Lack of funds is the number one cause for slow growth of business. Access to funds and proper mechanisms can catapult your business to growth. Private and public organization offer fund to investors. They offer good rates to encourage them take the first step. They expect to be paid after the business has been profitable for some time. There alternative forms of funding and the providers get a chance to advice on how to utilize the funds.
Venture capitalists are another source of funds. These organizations invest in profitable start-ups. If you have an idea that can be implemented, you can approach them with your proposal. If it fits their investment goals, they will offer you money. The main advantage of using choosing this way is that they guide you in setting up your business.
The government seems to have made the right move. There are people who have no background in running businesses thus training will help them. The members can know feel safe investing in their native country as they are assured that there are opportunities available.
The government and some organizations have come up with ways to support the citizens in other countries invest their money in businesses located in the home country. This is be portraying the country as the best investment place. To achieve success in this project, the government has implemented the following things.
The best way to succeed in business is to have a mentor guide you. The mentor should have experience in the field and be willing to help. This is what the organizations and the government do. The offer mentorship to those who feel they need help in starting a business. For diaspora members, they should take advantage of the opportunity.
The organization involved mentor entrepreneurs who are interested in investing. Their mission is different from other networking organization as their main aim is to bring together business owners and entrepreneurs. They inform them of how they can grow their investments abroad or in their home country. Experts and well know leaders are the one who mentor the potential investors.
To encourage diaspora members to invest in their homeland, concerned bodies have set free training workshop for them. Training gives one confidence to try something new. Training will help members have the knowledge of how people operate their business. Besides training, they are advised on the most profitable ventures in the country.
Lack of funds is the number one cause for slow growth of business. Access to funds and proper mechanisms can catapult your business to growth. Private and public organization offer fund to investors. They offer good rates to encourage them take the first step. They expect to be paid after the business has been profitable for some time. There alternative forms of funding and the providers get a chance to advice on how to utilize the funds.
Venture capitalists are another source of funds. These organizations invest in profitable start-ups. If you have an idea that can be implemented, you can approach them with your proposal. If it fits their investment goals, they will offer you money. The main advantage of using choosing this way is that they guide you in setting up your business.
The government seems to have made the right move. There are people who have no background in running businesses thus training will help them. The members can know feel safe investing in their native country as they are assured that there are opportunities available.