The newly constructed Business Resource Centre in the Wa Municipality would soon be opened to provide business advisory ...
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- Sep
A Business Resource Center (BRC) is a one stop enterprise support centre at the district level designed to provide a broad range of Business Development Services (BDS) to potential and existing entrepreneurs and enterprises. They also operate as financial and investment facilitation hubs and business information repositories for Micro, Small and Medium Enterprises (MSMEs).
The concept of BRCs was introduced by the Ministry of Trade and Industry (MOTI) in 2017, through the Rural Enterprises Programme (REP) co-funded by the International Fund for Agricultural Development (IFAD), African Development Bank and the Government of Ghana. Contracts for the construction of the first 30 BRCs, funded by AfDB, were awarded by the Rural Enterprises Programme of MOTI in the first quarter of 2018.
The introduction of the Business Resource Centers (BRCs) is part of the institutional support interventions designed under the Government of Ghana’s Industrial Transformation Agenda to develop the MSMEs sector, which accounts for 92% of business enterprises in Ghana, employs 80% of our workforce and generates 70% of Gross Domestic Product (GDP).
The services offered by a BRC to a particular MSME depends on the needs of business or entrepreneur. However, the services cut across the following broad areas: business development services; financial services and investment facilitation; and access to business information. The services of the BRCs are as follows:
Read about the latest news on BRC operations across the country
The newly constructed Business Resource Centre in the Wa Municipality would soon be opened to provide business advisory ...