SMEs need more attention

Editor, The Ministry of Trade and Industry (Minicom), with the support of donor agencies, has come up with an interesting project named “Rural Small and Micro-enterprise Project Promotion”.

Tuesday, July 14, 2015
An exhibitor displays his leather products during an SMEs exhibition in Kigali last month. (File)

Editor,

The Ministry of Trade and Industry (Minicom), with the support of donor agencies, has come up with an interesting project named "Rural Small and Micro-enterprise Project Promotion”.

This project is worth replicating.

First, the Government has the biggest and most crucial role to play in promoting micro-enterprises. I believe the focus of micro-enterprise policy should be rural, agriculture, handicrafts (and similar enterprises), women-led micro-enterprises, and financial accessibility.

Second, there is need for seamless coordination of various players’ interventions in the field. I would dare suggest that under Minicom, there is need for a state minister, if not an independent ministry, on micro, small and medium enterprises. India has a dedicated a fully fledged ministry for this sector and the fruits are obvious given Indians’ strong entrepreneurial culture.

If the ministry is not feasible, there is need for a national committee that covers all the key players in SME promotion.

Kigali Girl

Reaction to the story, "Why ‘small jobs’ are answer to unemployment” (The New Times, July 10)