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CLASS ASSIGNMNET ON:

CHALLENGES FACING ENTREPRENEURSHIP DEVELOPMENT IN THIKA COUNTY

PRESENTED BY:
GEOFFREY G. KAMAU FANICE J. NAFULA MARY SITUMA WILBERFORCE SENELWA REBECCA GITHAIGA HD 413/2071/2011 HD 413/2073/2011 HD 413/2666/2011 HD 433/2069/2011 HD 433/2075/2011

PRESENTED TO:
MUKULU, E. (PhD) COURSE UNIT HEE 4102: ENTREPRENEURSHIP DEVELOPMENT ON: 26/11/2011

Background Information
It is located in Kiambu County,46 kilometers North East of Nairobi It is an administrative unit made up of four districts which were curved out of the larger Thika District namely; Thika West, Thika East, Ruiru and Gatanga Districts. Thika Municipality measures about 93 square kilometers and has a population of 150,000 at night and 350,000 people, during the day (KNBS, 2011). Many of the people are employed in factories within the town. The main economic activities of Thika include agriculture, in particular, horticulture (pineapples and flowers), and coffee. The town, is nicknamed The Birmingham of Kenya

CHALLENGES OF ENTREPRENEURSHIP DEVELOPMENT IN THIKA

Endogenous (Internal) Challenges


Lack of Entrepreneurial Teams Management Skills Lack of Access to Finance Poorly Skilled Human Capital. Low Adoption of Technology

Exogenous (External) Challenges


Competition Unconducive Policy and Regulatory Frameworks Poor Infrastructure Lack of Market Information The Political Environment The Macro Economic Environment

CONCLUSION AND RECOMMENDATION


Whereas the general environment in Thika is conducive to entrepreneurship, the MSEs are disproportionately constrained against the larger enterprises. It would be necessary for the policy framework to be proactively directed towards recognizing the unique challenges of MSEs such as the ones in Thika. Establish Business Development Services Support department. Training in managerial and technical skills for SMEs and setting up business information centres will improve the business management skills of entrepreneurs. Infrastructure services should be improved and zoning for businesses may assist in locating key infrastructure requisite to them.