The Cabinet Secretary for Industrialization and Enterprise Development, Hon. Adan Mohamed launched the second edition of the SME Handbook on 26th October 2015 at the Laico Regency Hotel.
The Handbook is a comprehensive catalogue of information, products and services for small business owners in Kenya aimed at addressing the critical need for information on service providers in the SME sector.
The updated second edition reflects the current dynamics of the ever growing information needs by small business owners (SMEs) in Kenya. The book also gives special attention to the now devolved services.
Speaking during the launch, Mr. Richard Muteti who is the SME project team leader expressed his excitement in the launch of the handbook and said that it will help bridge the information gap that exists between opportunities and SMEs. “Lack of knowledge on where to access business services and products by small businesses continues to be a major obstacle to their development and growth. This is despite the fact that a lot of organizations have a lot of services for small business people. Scanty information about the market is also hindering SMEs from taking advantage of emerging opportunities. The second edition of the SME Handbook brings all relevant information in a single easy to read book,” adds Mr. Muteti.
The Cabinet Secretary for Industrialization and Enterprise Development noted said the Government fully recognizes the critical role played by the private sector, development partners, and other stakeholders in ensuring appropriate products and services are availed to MSMEs. “This is why my ministry has collaborated with the SME Handbook which is in line with the national goal of developing this sector as the government continues to support similar initiatives that help in reaching our objectives for the sector.” Says CS Adan
The second edition of the SME Handbook will be distributed through the National and County Government information centres, various apex Business Member Organizations in the Micro, Small and Medium Enterprises (MSMEs), Women and Young Entrepreneurs sector, national and county business information centers among other outlets.
The first edition of the SME Handbook was launched in September2011. The Handbook received a lot of support from both the public and private sector and was adopted by the Ministry of Trade and key institutions, as a reference publication in the Business Information Centers (BICs) situated across the country.
The SME Handbook is a project of Small and Medium Enterprise Support, East Africa (SMES, EA) through the SME Handbook Secretariat in collaboration with a technical team of key public and private sector stakeholders.
SMEs, especially those located upcountry; have major problems accessing business services largely as a result of little awareness of what the market is offering.
SMEs have been cited as one of the key sectors expected to drive Kenya’s Economic growth. This sector is also expected to provide the bulk of jobs for youth.
The SME Handbook Project is headed by Mr. Richard Muteti who is The SME Handbook Project Team Leader and Directed by Ms Lydiah Njoroge