|Training Entrepreneurs for Small Business Creation: Lessons from Experience (ILO, 1988, 154 p.)|
New Enterprise Programme
The Manpower Services Commission (MSC) has introduced a number of programmes to assist redundant or unemployed workers to set up in business on their own account. The programmes are administered by the MSC but the training is subcontracted to universities, polytechnics, colleges, regional management centres and private consultants. The MSC pays the full cost of the programmes plus a weekly allowance to full-time trainees. The following programmes are offered:
(a) the New Enterprise Programme is aimed at men and women who want to start a business with real potential for growth;
(b) the Small Business Course is designed for those who wish to start businesses on a more modest scale;
(c) the Self-Employment Course is for people who simply want to earn their own living by using their existing skills and drive.
The New Enterprise Programme consists of:
(a) a four-week residential course on management skills necessary to ensure that the business will prosper and grow;
(b) a 10-12 week field project period.
An outline of this programme is given below.
Identification, recruitment and selection of trainees
The availability of the New Enterprise Programme is widely publicised by the MSC and the training institutions. About eight programmes are run by university centres each year.
To be eligible for the programme a candidate must be:
(a) out of employment: either unemployed or willing to give up his or her job as part of the process of starting a business;
(b) aged 19 or over;
(c) away from full-time education for two years.
Entry to the courses is competitive and final selection is by interview which seeks to establish that the candidate:
- has a business idea which will form the basis of a viable business;
- has the knowledge and skill to deliver the chosen product or service;
- has or can gain access to the necessary resources;
- (and his or her family) has the necessary commitment to make the venture a success.
The first four weeks of the 16-week programme are spent in residence at a business school covering such topics as:
- how to present a business idea;
- the need for a business plan;
- researching the market;
- costing, pricing and selling the product or service;
- devising and applying business controls, including the preparation of forecasts, budgets, and cash flows;
- raising funds.
The project period consists of 10-12 weeks of work in the field conducting market research, finding premises, seeking funds, identifying suppliers, consulting advisers, etc. Some trainees may even commence trading during this period.
MANPOWER SERVICES COMMISSION: NEW ENTERPRISE
Moorfoot, Sheffield S14PQ