The Local Enterprise Authority (LEA) MANDATE In Accordance with The Small Business Act (SBA), Local Enterprise Authority’s Mandate Is to Promote Entrepreneurship and Develop The Small, Medium and Micro Enterprises (SMMES) through:  Providing assistance to SMMEs in the preparation of business plans, feasibility studies and market surveys;  Improving the business skills and competences of SMME entrepreneurs through the provision of training and advisory services in entrepreneurship development, technology, marketing and through appropriate mentoring services;  Creating growth opportunities for SMMEs through securing greater access to Government procurement contract for goods and services, in consultation with Government Ministries, local authorities and Parastatal organizations;  Identifying SMME firms with export potential and assist them to enhance their productivity and competitiveness for export markets;  Promoting business linkages between SMMEs and big industries, including the purchasing of locally produced goods and services by larger firms;  Facilitating access to information on support services and sourcing of raw materials by SMMEs through publicity, outreach and information technology;  Working with relevant institutions to develop and implement appropriate product and service standards, and to enhance both quality awareness and improvement of SMME products and services through training and advisory services that lead to certification of these products and services;  Monitoring and evaluating the impact of functions set out under this and above paragraphs and provide mentoring services in order to achieve long term sustainability of SMMEs;  Working with SMME entrepreneurs and technology institutions to facilitate innovation, acquisition, adaptation and diffusion of appropriate technology for effective use by SMMEs;  Facilitating access to funding for enterprise development as well as expanding existing enterprises through regular consultation with financial institutions;  Making recommendations to the Minister on ways to simplify regulations which impose a burden on SMMEs in terms of compliance, time, effort and money;  Ensuring that SMMEs trainers, training institutions, training programmes and materials are accredited in accordance with the Botswana Qualifications Authority (BQA) standards or the standards of such other authority as the Minister may approve; and

Facilitating and coordinating the provision of infrastructure and facilities such as factory shells and working space, including serviced land and utility services for SMMEs, in conjunction with Local Authorities, Parastatal organizations, the Private sector, and the Government. The Authority’s key deliverables as per the SBA are summarized as follows:  

Promotion of citizen entrepreneurship;  

Further diversification of the economy;  

Promotion of exports;  

Development of a competitive SMME community;  

Creation of sustainable employment opportunities;  

Promotion of development of vertical integration and the horizontal linkages; between SMMEs and primary industries in agriculture, services, manufacturing and tourism;  Improved efficiency in the delivery of services to business;  Promotion of business linkages between small and large enterprises. The LEA Incubators:  Francistown Industrial Business Incubator  Leather Industries Incubator in Gaborone  Glen Valley Horticulture Incubator in Gaborone  Pilane Multi-Purpose Business Incubator  Kutla Incubation Centre in Gaborone OUR VISION To be the centre of excellence for entrepreneurship and sustainable SMME development in Botswana. OUR MISSION To promote and facilitate entrepreneurship and SMME development through targeted interventions in pursuit of economic diversification. OUR VALUES Self-Driven  We are passionate, accountable, eager to learn, persistent, and determined to achieve personal goals so that the entire team achieves its desired results. Transformational Leadership  We are inspired and self-led, motivated, innovative, and accountable to achieve maximum potential in a favorable work environment. 

PartnershipThrough our internal teamwork and effective partnerships with stakeholders, our efforts are synergized resulting in the success of our clients. Entrepreneurial  We build an entrepreneurial culture and unearth business opportunities for the Small and Medium One of the local businesses showcased by LEA as a homegrown bestseller is profiled below. Maungo Craft is an Award-Winning food processing company that makes Artisanal, Award Winning, Preserves (Jams), Hot Sauce, and Syrups that are Natural and Handcrafted. We upcycle indigenous foods such as Marula, Baobab and Lerotse Melon then we pair them with contemporary flavors giving you the most unique flavor profiles. Our Product Range;

Flavour: Roasted Chilli, Garlic and Marula Hot Sauce  Syrups (Flavours are: Marula and Rose | Lerotse Melon & Vanilla)  Jams (Flavours are: Smoked Morula, Chilli & Ginger Jam | Morula, Lemon & Vanilla Jam | Beetroot, Onion & Baobab Jam)

QUESTION

Use the case study above on LEA to answer the questions below. 

a. Following the formation of the new Ministry of Entrepreneurship under which LEA now falls, you have been asked to choose two (2) of LEA’s values and explain their relevance to your new principals. 

b. State the following aspects of LEA’s strategy and explain how they support the Government of Botswana’s reset agenda. vision ,mission

Answer rating: 100% (QA)

a Following the formation of the new Ministry of Entrepreneurship under which LEA now falls you have been asked to choose two 2 of LEAs values and explain their relevance to your new principals 1 Self... View the full answer