Human Resource Capabilities, Financial Support and Enterprise Development in Nebbi District, West Nile Region Uganda

Abstract

The study examined the role played by Human resource capabilities, financial availability in supporting enterprise development in Nebbi, west Nile region in Uganda. Purposive and simple random sampling was used and the selected sample of participants was 120. The study found out that Enterprise developers seem to understand the role of financial support and that lack of human resource capabilities encounter increased financial cost. Access to credit is still a challenge due to lack of understanding of SMEs by banks. The study recommended that government should support enterprise development by providing an environment which promotes business, provide access to credit, provide affordable interest rates, and provide subsidies to local enterprise developers. Universities should also develop skills that match employment needs.