Law library · Sierra Leone · Development Agency Act, 2016
Section 12, Development Agency Act, 2016
Status not yet checkedDevelopment Agency Act, 2016, Sierra Leone
(1) The object for which the Agency is established is topromote a conducive business environment including an efficient
and effective service delivery network in order to empower and
develop Small and Medium Enterprises for growth, productivity and
competitiveness.
(2) Notwithstanding the generality of subsection (1) the
Agency shall–
(a) design and implement development support
programmes and schemes for Small and
Medium Enterprises;
(b) facilitate, assist and provide market access
and business linkage opportunities to Small
and Medium Enterprises in order to enable
them compete successfully in national and
international markets;
(c) advise the Minster on policy issues relating
to entrepreneurship promotion and
development of Small and Medium
Enterprises;
(d) provide core support services, particularly
entrepreneurship, development, business
facilitation, counselling and mentoring
services;
(e) implement and operate a registration scheme
for Small and Medium Enterprises and Small
and Medium Industries;
(f) facilitate access to industrial space, finance
and other productive resources;
(g) empower product specific and sector specific
Small and Medium Enterprises and Small and
Medium Industries to enhance their delivery
capabilities;
(h) co-ordinate with other support organisations
and stakeholders in the fulfilment of its
objectives;
(i) facilitate networking and market linkages
among Small and Medium Enterprises;
(k) facilitate development of linkages by large
enterprises and Small and Medium
Enterprises;
(l) promote technological and managerial
capabilities of Small and Medium Enterprises;
(m) ensure that benefits and assistance identified
for Small and Medium Enterprises reach
targeted institutions;
(n) identify best practices and disseminate them
to Small and Medium Enterprises;
(o) organise and encourage participation of Small
and Medium Enterprises in trade, industrial
and entrepreneurship development; .
(p) conduct surveys in the Small and Medium
Enterprises sector and provide market
intelligence for those enterprises including
providing reports on various economic
indicators;
(q) design, implement, coordinate and monitor
assistance programmes and projects
provided for Small and Medium Enterprises;
10 11
Functions of
No. 2 Sierra Leone Small and Medium Enterprises Development Agency Act 2016No. 2 Sierra Leone Small and Medium Enterprises Development Agency Act 2016
(r) collaborate with other local and international
agencies dealing with Small and Medium
Enterprises to develop the local Small and
Medium Enterprises through skills
enhancement programmes for the officers of
the Agency including participation in
seminars, workshops and other capacity
building programmes;
(s) facilitate and coordinate research relating to
the development of Small and Medium
Enterprises and Small and Medium
Industries;
(t) inform the public at large about
entrepreneurship activities;
(u) provide business incubator facilities for Small
and Medium Enterprises and Small and
Medium Industries;
(v) devise and review policies relating to Small
and Medium Enterprises; and Small and
Medium Industries; and
(w) co-ordinate entrepreneurship activities and
initiatives of public sector agencies and of
the private sector relating to Small and
Medium Enterprises and Small and Medium
Industries.
PART IV – ADMINISTRATIVE PROVISIONS
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.