Networking event connects
beneficiaries from five USAID programs
In Mbeya City,
Tanzania, micro-, small- and medium-sized enterprises (MSMEs) lack opportunities
to meet, network and identify business deals with other MSMEs, agricultural
input suppliers, millers, food processors, business development service
providers (BDSPs), financial institutions, youth and women leaders, traders and
to build an environment where these connections thrive, five USAID-funded
programs organized a business-to-business forum between 14-15 November 2018 in
Mbeya City. The programs involved in the organization of the event included the
Feed the Future Tanzania Enabling Growth through Investment and Enterprise
Program (ENGINE), Advancing Youth, NAFAKA, Mboga na Matunda (MnM) and WARIDI.
Over 130 people representing over 60 private sector organizations attended the
event and used the opportunity to discuss potential business opportunities,
both formally and informally. Participating in and organizing the event
supports ENGINE’s mission of promoting a business-enabling environment in
Tanzania by linking MSMEs with business development service providers and other
private sector resources.
forum featured formal presentations by agriculture-related industry
professionals, BDSPs and financial institutions. The potential clients of these
organizations quizzed the presenters with many in-depth, knowledgeable
questions and many business deals were struck finalized. During the event, one
grain supplier noted, “Two grain growers came up to me after one of the
sessions and asked about my operations. After discussing prices and schedules, I
now have two new sources. The meeting has brought new business to many of
the event occurred in November 2018, 27 MSMEs have formally worked with
agriculture input suppliers, other youth and women leaders, millers, processors
and financial institutions that they met through the event. Their successes include
newly- formalized partnerships, newly identified market channels for food
processing identified, additional agri-business skills, access to market
research on vegetables, packaging improvements, gaining business skills and
developing business plans, employing new marketing strategies, and additional
distribution channels. As a result of their participation in the event, BSDP
participants have reported that they have found 16 new clients and provided
them with the following services: three business plans, nine marketing and promotional
skills development training, two accounting and recording-keeping training, one
finance training and one micro-finance training. In total, ENGINE BDSPs made
business deals in excess of 30,000,000 at the end event. Attendees also
expressed a desire for additional forums to better educate themselves in BDS,
and to network with others to improve their operations and market opportunities.
ENGINE’s participation in the organization of event is reflective of its and
other implementing partner’s commitment towards building a strong private
sector in Tanzania.
Feed the Future is the U.S. Government’s global
hunger and food security initiative. With a focus on smallholder farmers,
particularly women, Feed the Future supports partner countries in developing
their agriculture sectors to spur economic growth and trade that increase
incomes and reduce hunger, poverty and undernutrition.
USAID is the lead U.S.
Government agency working to end extreme global poverty and enable resilient,
democratic societies to realize their potential.
https://iesc.org/wp-content/uploads/2019/04/ENGINE-Event-e1554145169335.png646580Samantha Rosenberghttps://iesc.org/wp-content/uploads/2017/05/iesc-logo-1.pngSamantha Rosenberg2019-04-01 15:52:372020-07-15 13:15:47Together, We Make Deals