Strathmore University Business School and the USAID’s Kenya Investment Mechanism (KIM) Program have partnered to upskill and build the capacity of Business Advisory Services Providers (BASPs) from across Kenya.
The Programme, dubbed the BASPs Network Capacity and Ecosystem Development Programme seeks to leverage the role of BASPs across Kenya by addressing capacity gaps in pitching transactions and managing relations with financial institutions; matching client profile with the lender’s profile; BASP financial modeling and delivery of advisory services and the improvement of the BASP own revenue model (from transaction to transaction to a business stream).
On Friday 17th March 2023, the SBS team and USAID KIM teams came together for a co-creation workshop which sought to shed light on the finding from the organizational gaps analysis carried out on BASPs from across the county. Further, the workshop allowed the two teams to start streamlining the curriculum development process.
The overall goal of the BASP Network Capacity and Ecosystem Development programme is to establish and institutionalize a framework for BASPs to serve the needs of Kenya’s national and county-level investment growth goals.
By Juliet Hinga