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Program (LEAP) is designed to strengthen human and
institutional capacity of the private businesses, mostly
Basotho-owned MSMEs, as well as their representative
organizations. This is done through provision of financial
and technical assistance. The ultimate objective is to build
international competitiveness in private businesses; build
the capacity of private business and professional
associations and of chambers to better serve their members;
and support to institutionalize private-public dialogue. The
assistance will be provided through a Matching Grant
Scheme (MGS) under the LEAP program as follows:
Direct assistance to individual private firms, through
mentoring assistance and provision o f cost-sharing grants
for the use o f specialized services. LEAP will cover 60% o
f the cost of service fees and of invoiced travel costs on a
reimbursement basis. The firm itself will cover the
remaining 40% of the cost.
Cost-sharing grant assistance to representative business and
professional associations and chambers to build their
capacity to better serve their members. LEAP will cover 75%
of the costs of service fees and associated travel costs for
the use o f external services on a reimbursement basis.
LEAP HIV/AIDS grants will support expenditures by businesses
for contracting outside specialists to conduct on-site HIV
testing at the firm's premises.
All of the above activities are to be funded through grants,
consultants' services, training and workshops (IDA and GOL)
and operational costs (GOL).
How is the program’s impact measured?
Measurement of the impact of LEAP will be assessed by growth
of sales. Sales are expected to grow because, LEAP, through
its grant and mentoring facility will help business improve
its performance all round by removing constraints and
barriers.
Who is eligible for assistance?
All types of business organisations, sole-proprietorships,
companies and partnerships will be considered as long as
they are engaged in legitimate operations. For
representative organisations, the program will consider
request for assistance from all that are registered and have
audited financial and membership records.
How do I join the program?
Members of the business community are advised to approach
the LEAP manager at the offices of the Private Sector
Competitiveness and Economic Diversification Project to
discuss their needs. They will be issued with application
forms to complete.
Applicants will be assisted on a first come first served
basis.
For more information please contact:
info@psc.org.ls
[Fore more information,
download the entire LEAP Operation Manual here
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