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...

Full description

Saved in:
Bibliographic Details
Main Authors: Eton, Marus, Charles David Ebong, Fabian, Mwosi, Benard, Patrick Ogwel
Format: Article
Published: International Journal of Emerging Research & Development 2018
Subjects:
Online Access:http://hdl.handle.net/20.500.12493/110
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1800403074118844416
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