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Business Training
Running parallel to the grant program, mentioned in
point # 9, is a training program for grant applicants that have been
essentially approved for the grant award. The idea behind this training
program is to couple training with an injection of capital to ensure
that the investment of material resources is equaled by an investment of
intellectual and professional capacity development.
Running parallel to the grant program, mentioned in point # 9, is a
training program for grant applicants that have been essentially
approved for the grant award. The idea behind this training program is
to couple training with an injection of capital to ensure that the
investment of material resources is equaled by an investment of
intellectual and professional capacity development.
Adding training will increase the
effectiveness of the grant award, allowing for a limited investment of
material funds to be stretched farther and more fully leveraged to
propel the business into prolonged sustainability and growth resulting
in maximizing employment.
Training locations, as mentioned
above, will be in both Mansour (west Baghdad) and in Masbah (east
Baghdad), providing easy access to all applicants regardless of
geographic location.
Depending on whether the grant
applicant is classified as a “start-up” or is an existing micro
business, there will be an appropriate track of 4 modules or specific
subject that cover marketing, finance, and productivity topics that are
relevant to the situation of the business venture identified through the
grant application process. Training will take place over the course of
two weeks, 4 hours per day for 4 days per week.
The track of modules that will be
available to the start-up businesses is as follows:
-
Business Planning for a New
Venture
-
Introduction to Marketing
Concepts
-
About Customers: Gathering
Information
-
Accounting for
Non-Accountants
The track of modules that will be
available to the existing micro business is as follows:
-
Introduction to Marketing
ConceptsAbout Customers:
-
Gathering Information
-
Caring for the Customer
-
Accounting for
Non-Accountants
The budget for this training is
in a separate proposal for a separately funded project. However, it is
important to mention it here as it will potentially more than double the
value of the grant in terms of the results that are produced in
sustainability and employment generation at a small fraction of the
cost.
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