Enrollment Process - Expanding
An entrepreneur registering with LEA undergoes a process called screening to determine entrepreneurship skills, characteristics and traits as well as competencies that would indicate if he/she has the ability to run a sustainable growth oriented business.
The screening process provides us with a 'gap analysis' to assess what the entrepreneur actually needs to operate a sustainable business. Once this has been established, LEA is then able to provide business development skills to bridge the gap and to create a more holistic entrepreneur. The application / screening process is clearly detailed out below:
Step 1: Entrepreneur approaches LEA for services.
Step 2: The entrepreneur's business is assessed discussed with the Business Advisor. Once the entrepreneur's business falls within the key sectors, and the Business Advisor is fully satisfied with the business, the promoter is advised to fill in the application form.
Step 3: Entrepreneur is given application form to fill. Application form is thereafter checked by the Business Advisor for completeness.
Step 4: The application form is then screened and scored according to LEA rules and regulations.
Step 5: To qualify for LEA services, applicants must score 60% and above.
Step 6: Upon acceptance into the LEA program, a meeting is conducted with the applicant in order to ascertain the current situation with regard to the business idea. Applicants who were unable to meet the minimum requirement of 60% are advised to wait for a period of six months before seeking LEA assistance again.
|