Government interventions in supporting SME growth in Lira district, northern Uganda
Promoting economic growth without attendance to register business time, business education investment and non-gender based business growth is outrageous. The study sought to examine the role of Government interventions in supporting the growth of SME’s in Uganda a case of Lira District. Data were co...
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International Journal of Emerging Research & Development
2018
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Online Access: | http://hdl.handle.net/20.500.12493/110 |
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author | Eton, Marus Charles David Ebong Fabian, Mwosi Benard, Patrick Ogwel |
author_facet | Eton, Marus Charles David Ebong Fabian, Mwosi Benard, Patrick Ogwel |
author_sort | Eton, Marus |
collection | KAB-DR |
description | Promoting economic growth without attendance to register business time, business education investment and non-gender based business growth is outrageous. The study sought to examine the role of Government interventions in supporting the growth of SME’s in Uganda a case of Lira District. Data were collected by use of the self-administered questionnaire in Erute counties and Lira Municipality. A sample of 167 respondents was chosen from the respondents and the response rate was 100%. Simple random sampling and stratified sampling was conducted. The study discovered that inadequacy of collateral security and struggle for financial resources come into view to limit the use and access to financial services. The finding indicates the correlations between entrepreneurship intervention and financial accessibility intervention (r = .628; p < .05) was relatively strong and statistically significant. The study recommended that Government should promote collateral security-free financial services to encourage entrepreneurs to access credit financing. The government organ charged with registration of business should promote online and decentralized registration. National budgets should prioritize investments in business education to promote business and entrepreneurship training. In addition, government and development partners should promote non-gender-based business growth to allow for participatory inclusiveness. |
format | Article |
id | oai:idr.kab.ac.ug:20.500.12493-110 |
institution | KAB-DR |
publishDate | 2018 |
publisher | International Journal of Emerging Research & Development |
record_format | dspace |
spelling | oai:idr.kab.ac.ug:20.500.12493-1102024-01-17T04:46:03Z Government interventions in supporting SME growth in Lira district, northern Uganda Eton, Marus Charles David Ebong Fabian, Mwosi Benard, Patrick Ogwel Entrepreneurial intervention, Financial accessibility, SME growth Promoting economic growth without attendance to register business time, business education investment and non-gender based business growth is outrageous. The study sought to examine the role of Government interventions in supporting the growth of SME’s in Uganda a case of Lira District. Data were collected by use of the self-administered questionnaire in Erute counties and Lira Municipality. A sample of 167 respondents was chosen from the respondents and the response rate was 100%. Simple random sampling and stratified sampling was conducted. The study discovered that inadequacy of collateral security and struggle for financial resources come into view to limit the use and access to financial services. The finding indicates the correlations between entrepreneurship intervention and financial accessibility intervention (r = .628; p < .05) was relatively strong and statistically significant. The study recommended that Government should promote collateral security-free financial services to encourage entrepreneurs to access credit financing. The government organ charged with registration of business should promote online and decentralized registration. National budgets should prioritize investments in business education to promote business and entrepreneurship training. In addition, government and development partners should promote non-gender-based business growth to allow for participatory inclusiveness. Kabale University 2018-09-06T14:20:53Z 2018-09-06T14:20:53Z 2018 Article Adelman, I. (1999). The role of Government in Economic Development. Berkeley: University of California http://hdl.handle.net/20.500.12493/110 application/pdf International Journal of Emerging Research & Development |
spellingShingle | Entrepreneurial intervention, Financial accessibility, SME growth Eton, Marus Charles David Ebong Fabian, Mwosi Benard, Patrick Ogwel Government interventions in supporting SME growth in Lira district, northern Uganda |
title | Government interventions in supporting SME growth in Lira district, northern Uganda |
title_full | Government interventions in supporting SME growth in Lira district, northern Uganda |
title_fullStr | Government interventions in supporting SME growth in Lira district, northern Uganda |
title_full_unstemmed | Government interventions in supporting SME growth in Lira district, northern Uganda |
title_short | Government interventions in supporting SME growth in Lira district, northern Uganda |
title_sort | government interventions in supporting sme growth in lira district northern uganda |
topic | Entrepreneurial intervention, Financial accessibility, SME growth |
url | http://hdl.handle.net/20.500.12493/110 |
work_keys_str_mv | AT etonmarus governmentinterventionsinsupportingsmegrowthinliradistrictnorthernuganda AT charlesdavidebong governmentinterventionsinsupportingsmegrowthinliradistrictnorthernuganda AT fabianmwosi governmentinterventionsinsupportingsmegrowthinliradistrictnorthernuganda AT benardpatrickogwel governmentinterventionsinsupportingsmegrowthinliradistrictnorthernuganda |