F/Town LEA incubator nets P12 m

Francistown Industrial Business Incubator (FIBI) indicated good performance recording a total turnover of P12,2 million during the 2021/22 Financial Year. Local Enterprise Authority (LEA) revealed that the FIBI through administering of its growth interventions to clients has managed to create 36 new job opportunities during the financial year under review. “The efforts are therefore quite applaudable as they provide a clear indication of the LEA’s quest to develop and transform the economy of Batswana”, states the authority. The Incubator is a light manufacturing industry and services businesses through provision of business and technical interventions. For the year 2021/22, the incubator operated at 81.8 percent occupancy. Atotal of nine clients are currently housed in the incubator and providing an array of products and services in the Incubator.