Small Business Development in Emerging Economies
Course
In Maastricht (Netherlands)
Description
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Type
Course
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Level
Beginner
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Location
Maastricht (Netherlands)
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Class hours
40h
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Duration
5 Days
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Start date
04/11/2024
In emerging markets, the private sector consists for more than 95% out of Small but Growing Businesses (SGB’s), also referred to as Micro, Small and Medium Scale Enterprises (MSME’s), that operate to a large extent in the informal sector. This is one of the reasons why we know relatively little about them. Yet, MSME’s are the key players in local economic development. What factors have led to their growth and what factors have held them back? To what extent do local MSME’s adhere to ESG (economic, social and governance) standards? This course will touch upon the most important topics related to development of the private sector and provide ample ground for debate and reflection.
Through this program you will get a better understanding of how the private sector in emerging economies can be developed. It will offer some space to reflect upon and discuss past and present development both from an aid perspective as well as through local avenues of private sector development such as micro-finance, impact investments and business development services.
Facilities
Location
Start date
Start date
Start date
About this course
At the end of this course you:
Understand the role of the private sector, especially MSME’s, in emerging markets and its significance for economic and social development.
Understand the discussion on the ethical, social and ecological boundaries of private sector activity and how MSME’s deal with that.
Know how to reflect on the development of local MSME’s, the opportunities and constraints. Gain deeper knowledge of appropriate management systems for MSME’s in emerging markets, including finance, HR, operations and marketing.
Understand the relationship between the business and its enabling environment and markets
This program is designed for:
Post-graduate students and faculty staff in the education sector that wish to understand private sector development for their own education program development. The course also targets policy makers in public institutions and managers of CSO’s/NGO’s that work closely with businesses and support their growth. A secondary target group are students that seek a career in the commercial as well as non-profit, private sector.
A basic knowledge of economic development issues is required.
Applicants should have the ability to function academically and professionally at Bachelor level. Because it is an interactive program, candidates should have an adequate level of spoken and written English to be able to follow the program and to actively participate. If it turns out and applicant does not have the sufficient level of English, a certificate will not be awarded.
Each participant receives a certificate of participation. Each participant receives a certificate of participation.
This certificate is being awarded as evidence of participation in a post-graduate training at indicative level 6 or 7 of the EQF[2]. The minimum study load is 14 hours and an attendance level of 80% is required. This certificate is being awarded in the form of a soft copy when the training is online or a hard copy during a face-to-face training. The certificate will mention your full name, training title, training date and comprising core topics. Click here for more information about the MSM certification policy.
Reasons to follow
You will understand the role of the private sector especially MSME's, in emerging markets and its significance for economic and social development
You will gain deeper knowledge of appropriate management systems for MSME’s in emerging markets, including finance, HR, operations and marketing
You will understand the relationship between the business and its enabling environment and markets
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Subjects
- Business Development
- Private
- Business
- Entrepreneurship
- Business Growth
- Management
- International markets
Teachers and trainers (1)
Andre Dellevoet
Senior Project Consultant
Course programme
Following topics will be discussed in this course:
- Entrepreneurship and business start-up
- Business growth
- Organizational development and management
- Local, regional and international markets
- Enabling environment
- Business partnership and networks
- Business ethics
This program takes a practice-oriented approach. A combination of teaching methods will be used including:
- Self-study
- (Guest) lecturers and presentations
- Case studies
- Group discussion, exercises and presentation
- Work visits
- Literature study/readings
Small Business Development in Emerging Economies