KPMG Botswana has signed a partnership agreement with The Global Business Labs.

Global Business Labs (GBL) is a Swedish NGO with the mission to accelerate entrepreneurship globally. In close collaboration with the prominent universities in each country and through funding from the Swedish International Development Cooperation Agency (SIDA) GBL launched its business in Botswana February 2013.

GBL is an initiative sprung from Stockholm School of Economics (SSE), one of the leading business schools in Europe. Today a separate entity, GBL strives to support driven entrepreneurs in building their ventures through a network of business labs. The labs enable the Lab companies to expand to other markets at an early stage without high risk as they can open simultaneously in another Lab on a second suitable market. GBL provide infrastructure, coaching, knowledge and networks to ensure faster time to market, faster growth and higher survival rate. GBL’s research-based and award winning model of incubation increases return on investment for the entrepreneur, partners, investors and the local communities in which we operate. GBL is focusing on a niche in the market – that of high potential, well educated, and international growth. The idea is to balance local economic development and extend that on the global market, thereby creating long-term sustainable economic development.

By developing the local markets in terms of knowledge, products and jobs, GBL contributes to poverty reduction through business- and job creation.