The T-LED provides business resources to local SMEs (Women and Men) to overcome existing barriers, with particular attention paid to the additional challenges faced by Female-headed SMEs, in accessing growth markets in the associated value-chains of the agribusiness and extractive sectors, while enhancing the quality and coordination and delivery of market-driven and gender responsive business development and financial services to SMEs in Iringa, Njombe, Lindi, Mtwara, Mwanza and Shinyanga.
T-LED is managed by VSO and Cuso International and it is funded by Global Affairs Canada (GAC).
SMEs that are formally established, have foundational existing procedures and that have potential to increase employment and obtain direct contracts from target extractive and agribusiness sectors and/or from the main suppliers of these target sectors.
SMEs that have a successful business model/activity but do not have existing internal organizational and procedural structures to maximize their growth potential.
Smaller SMEs, groups and associations that have potential to grow and act as suppliers to Tier 1, Tier 2.
The overall goal of the T-LED project is enhanced equitable and sustainable economic growth and prosperity for women and men in Mtwara, Lindi, Mwanza, Shinyanga, Iringa and Njombe regions of Tanzania.
The project achieves this core objective by developing and offering resources that achieve the following four goals:
- Improve SME knowledge of market opportunities, business practices and technical knowledge for the extractive resources and agribusiness sectors;
- Increase women-led SME capacity to develop and grow their businesses;
- Increase the capacity of local business development organizations to deliver market driven and gender responsive services to SMEs. These organizations are implementation partners for the T-LED project;
- Equip SMEs to access \ financing to grow their businesses.
Expected TLED Outcomes
The expected outcomes of the project are:
- 1,760 SMEs benefiting from increase in knowledge of business practices, 40% of which are businesses led by women
- 2,500 new jobs created by SMEs
- Increased income for 1,300 supported SMEs and their employees
- Increased confidence by 75% of female-headed SMEs in their negotiation skills in the market
- Increased access to new market opportunities for 60% of target 1,760 SMEs
- Improved quality of services provided by partner institutions (SIDO, TWCC, and TCCIA) supporting the growth and development of SMEs
Key highlights of T-LED impact
Since its inception, the project has achieved the following;
- The current overall project reach is 1,264 which represents 72% of the total project target
- Two Enterprise Innovation Centers (EICs), one in Mwanza and another in Iringa completed.
- Increase SMEs’ customer networks, with over 9000 customers
- 90% of SMEs indicated improvement in marketing knowledge, includes market exposure in and outside of the country
- 81 local companies awarded the technologies of their own choice.
- 2 advocacy strategies developed and implemented in addressing policy change on systemic barriers for female-headed SMEs.
Increased access to new market opportunities for 1,760 SMEs
2,500 new jobs created by supported SMEs
Increased income for 1,300 supported SMEs and their employees
Increased confidence of women entrepreneurs by 75%
Improved quality of services provided by partner institutions
Empowering SMEs with the knowledge and resources to access new markets and grow
Every Tanzanian has the same access to reliable and sustainable livelihoods
Our unique model comprise of the following services;
- SME BDS training and Advisory
- Incubation Hubs for Business Growth
- Market Linkages and Networking
- Business Mentorship and Exchange Programs
- Product Quality Improvement through Graphic Design
- Access to Technology and Loans
- Partner Capacity Development
- Gender Mainstreaming and Environmental Consideration
- Youth Volunteer Support on Core Business Services