2020 Regional SBEC Forum Yaoundé
Theme: ‘Business Networking, a valuable tool for entrepreneurial growth in Cameroon’’.
Organized in partnership with the Canadian Fund for the Local Initiatives Project in Cameroon.
The literature on entrepreneurial and small business networking has substantially increased in volume during the last years. The interest has been driven both from the entrepreneurial side, where businesses inter-link rapidly and form network configurations and from the policy side, where governments have implemented a variety of policies to encourage economic growth through self-employment and to support small businesses.
The active positioning of entrepreneurial firms in the business arena coincides with building effective business relationships with customers and suppliers, government bodies and large corporations, or with professional bodies and lead clients. This makes small firms embedded in an intricate set of business relationships, connecting local, national and international partners, government agencies, financial institutions, or consumers and professional associations
Entrepreneurial networks can be defined as organized systems of relationships with customers, suppliers, and other entrepreneurs, with relatives, external consultants and other agents, or potential partners with the objective of increasing the effectiveness of each person’s business, and add value to their products and services . Entrepreneurial and small business networks usually represent dispersed and varied networks with uncertain boundaries and resource-based or role-based division of labor.
They are comprised of autonomous agents that are linked to each other via various formal and informal contracts, who design collective strategies and share information. In addition, they foster relationships by creating partnerships with government agencies, banks, and Microfinance Institutions to access finance. The network is governed by the allocation of specific roles to individual members, which are inscribed in contractual relationships. The division of labor in the network stems from the specialization and unique capabilities of individual firms, and embody resource-based input-output dependencies that emerge with the evolution of the network.
The main objective of this Regional Forum is to provide opportunities to entrepreneurs to network with Government Agencies, Banks and Microfinance Institutions, Consultants, Companies , and other Entrepreneurs who can add value to their businesses.
The purpose of this paper is to explore how cohesive/diverse networks
affect entrepreneurial activities. In particular, an interest is shown in how cohesion and diversity
may affect entrepreneurial outcomes like survival, pro?tability, innovation and ef?cienc
- Discuss governmental policies in promoting entrepreneurship in Cameroon
- Establish business partnerships
- Network with Financial Institutions, Companies, Consultants and Government Agencies
- Provide opportunities for entrepreneurs and other stake holders to discuss pertinent business related problems, recommendations, and possible solutionns.
- Banks and Microfinance Institutions
- Government agencies
- Business Consultants
- Business Trainers
Topics of discussion
- Governmental support to Entrepreneurs in Cameroon
- Access to Finance
- How to gain proper business exposure by entrepreneurs in Cameroon.
- Tax Registration requirements and declaration procedures for SMEs in Cameroon.