Thursday, 25 June 2009

Entrepreneurs to access Sh13m from 2 schemes

From The Citizen, Dar es Salaam
By The Citizen reporter

Local entrepreneurs are set to benefit from grants of over $10 million (Sh13 billion).

The Tanzania Private Sector Foundation (TFSP) is undertaking two programmes 'the National Business Plan Competition (BPC) and the National Business Diagnosis Programme (BDP' to enable entrepreneurs to access the funds.

"The grants will enable them to expand and improve their businesses," notes a statement by Zain Tanzania, one the sponsors of the programmes.

"Zain Tanzania is proud to be part of the initiative which aims at facilitating growth of businesses countrywide.

With sound businesses, local entrepreneurs will be able to contribute to their own development and the development of the economy," the company's corporate affairs manager, Ms Beatrice Singano, said.

So far, 310 entrepreneurs have received grants ranging from Sh1.2 million to Sh9 million each in Shinyanga, Rukwa, Mtwara, Mara, Mwanza, Ruvuma and Lindi. They won the money in BCP.


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