Digital platform to support small businesses opened

Wednesday November 29 2017

By The Citizen Reporter @TheCitizenTZ news@tz.nationmedia.com

A new digital platform is seeking to support entrepreneurs and small businesses by linking them to advisors and trainers.

The platform known as Bizfundi was launched by a programme known as Engine which is supported by the US Agency for International Development (USAID).

Engine’s deputy chief of party and Financing for Growth Component team leader Scott Bennett sees Bizfundi as a means of facilitating market linkages among micro, small and medium enterprises (MSMEs) and business development service (BDS) providers.

“The platform allows registered business owners to easily identify business service providers within their geographical area who possess the expertise they need to help them improve their performance and grow their businesses,” he said.

“The online platform will also enable MSMEs to better access the information, support and financing they need, while BDS providers and financial institutions will gain access to a larger network of potential customers. So far there are nearly 200 registered business owners and business development service providers on the platform.”

The Bizfundi digital platform has been developed under the Financing for Growth Component of the Engine, a four-year initiative supported by USAID. The platform can be accessed online at www.bizfundi.or.tz or as an Android app that can be downloaded from the Google Play store.

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