Business linkages programme
Tanzania Investment Centre (TIC) in collaboration with UNCTAD launched and started to implement the program in 2009. The program involves fostering business linkages between large corporations and local SMEs which stimulates commercial solutions for both parties. The business linkages intervention strategy is premised on the rationale that such linkages can provide commercial market/demand led business solutions for both large companies and SMEs. Business linkages seek to identify real market opportunities within the value chains of large corporations on the other hand.
Intervention under this program include provision of intensive six days entrepreneurship training Workshops (ETW) to SMEs, Business Development services and facilitation acquisition of funds from financial institutions by SMEs.
List of beneficiary companies (TNCs)
Until to date 15 Transnational Corporations (TNCs)/ large companies both local and foreign companies have become partners into the program as shown below:
Vodacom (T), Shoprite Cherkers, Tanzania Breweries, National Housing Corporation (Nhc), Seedco Ltd, Sbc Ltd, Serengeti Breweries Ltd, Nakumati Super Markets Ltd, Bonite Bottlers, Mauly Tours Ltd, Anglogold Ashanti - Geita Gold Minning Co. (T) Limited, African Barrick Gold Mines, Marmo Granital, Wakulima Tea Company Ltd, Simba Cement Ltd, Rhino Cement Ltd
Beneficiary Small and Medium Entreprises (SMEs)
A total of 214 SMEs owned by male and female have benefited from the program since its inception as shown in the table below:
|24th Nov. - 1st Dec. 2009||Dar es salaam||14||6||20|
|21st to 26th June 2010 Dar es salaam 20 8 28||Dar es salaam||20||8||28|
|22nd - 27th Nov. 2010||Dar es salaam||18||11||29|
|27th June – 2nd JulY 2011||Dar es salaam||16||7||23|
|12th - 17th Sept 2011||Dar es salaam||17||6||23|
|26th - 31st March 2012||Moshi||20||7||27|
|28th January- 2nd February 2013||Mbeya||17||11||28|
|17th- 22nd June, 2013||Mwanza||20||6||26|
The main objective of the Business Linkage Program is to promote creation of durable and mutually beneficial partnerships between affiliates of trans-national corporations (TNCs) and large local companies on the one hand and indigenous small and medium enterprises (SMEs) on the other, so as to enhance the productive capacity, efficiency, competitiveness and sustainability of their relationships with the focus of creating environment for:
- A more dynamic private sector;
- Improved competitiveness of local SMEs, through technological, knowledge and management skills transfer and capital injection;
- Improved micro-economic business environment conducive to the facilitation of business linkages;
- More quality jobs created and/or preserved;
- Presence of TNCs that are more deeply rooted in the local economy; and
- Increased capacity to attract Foreign Direct Investment (FDI) because of successful business linkages and availability of reliable local partners.
This programme aims to demonstrate that it is possible to make local companies competitive, bring them up to international standards, and above all spur economic growth in the country by spreading the benefits of large investments to a wider cross-section of society. This only happens when there is:
- corporate commitment;
- support from development institutions;
- a dedicated team of mentors; and
- a well planned and coordinated program.