BUSINESS ADVISORY CENTER

INFORMATION ABOUT BUSINESS ADVISORY CENTER (BAC)

The BACs/BRCs are simply office buildings that one can visit at the district level to obtain any information about SMEs and SMEs development. These buildings contain offices, showrooms and conference halls for the operations of all the NBSSI district agencies. In other words, BACs/BRCs are deemed to be the NBSSI district offices. The BRCs, therefore, are one-stop-shop for business development services at the districts

The whole idea behind the construction of the BRCs under the auspices of NBSSI was to enable the agency to provide business incubation activities, business counselling and consulting as well as other technical business training for entrepreneurs at the grassroots levels across MMDAs in the country.

Mandate behind NBSSI Concept

The National Board for Small Scale Industries (NBSSI) as the name depicts is a statutory government agency under the Ministry of Trade and Industries (MoTI) which was established by an Act of parliament (Act 434 1981). The principal mandate of the agency was to amongst others facilitate the implementation of business development services for Ghanaians in a way that could help promote Micro, Small and Medium Enterprises (MSMEs) development and growth so as to contribute significantly to reducing unemployment and support the country’s economic growth.

However, the NBSSI which has over the years been working closely with District Assemblies for the promotion of local businesses and MSMEs in the country after establishment since then eventually became one of local government decentralized agencies in a number of districts in Ghana

NBSSI as implementing Agency for development partners

The NBSSI since its establishment as government agency, over the period had been working in collaboration with a number of development partners including the Rural Enterprises Programme (REP) to be able to implement business development services to promote rural enterprise development and business growth at the grassroots.

Consequently, it was through NBSSI partnership with DED (German Development Agency) that the idea to set-up Business Advisory Centers as the implementing arm for NBSSI in the delivery of its services came into being.

However, the NBSSI partnership with REP as an implementing agency of the Rural Enterprises Program was expected that the BACs/BRCs buildings be made to provide standard SMEs business development services in order for the NBSSI to be able to sustain the gains of various development partners it is working together with.

Meanwhile, it is noted that the NBSSI has been implementing the REP project since its inception in phases which included phase (I) from 1995-2002, phase (II) from 2003-2011 and phase (III) from 2012-2020 subject to renewal after 2020. The REP is being financed by a loan contracted by the government of Ghana from International Fund for Agricultural Development (IFAD) and the African Development Bank (AfDB).

20. The obvious truth about the successes chalked by NBSSI throughout the years of its existence with the development partners in prosecuting its official mandate towards the development of MSMEs in Ghana however cannot be overemphasized.