The Micro, Small, and Medium Enterprises (MSMEs) Incubation Centers to Strengthen Local Economies and Foster Entrepreneurship in Kaliabang Tengah Regency

Etty Susilowati (1), Setyani Dwi Lestari (2), Rizky Eka Prasetya (3)
(1) Universitas Budi Luhur, Indonesia,
(2) Universitas Budi Luhur, Indonesia,
(3) Universitas Budi Luhur, Indonesia

Abstract

Background. Kaliabang Tengah Regency, a region with immense potential and entrepreneurial spirit, has faced persistent challenges hindering the growth of Micro, Small, and Medium Enterprises (MSMEs). Limited access to resources, training, and financing options has thwarted the aspirations of local entrepreneurs. A community service initiative was launched to establish MSME Incubation Centers in response to these challenges.


Purpose. The primary purpose of this community service project is to empower local entrepreneurs in Kaliabang Tengah Regency by providing them with the necessary tools, knowledge, and support to start and grow their businesses.


Method. The procedure outlined for establishing the Micro, Small, and Medium Enterprises (MSMEs) Incubation Centers in Kaliabang Tengah Regency does indeed utilize guidance and socialization methods as integral components of the process.


Results. The incubation centers can lead to a surge in regional entrepreneurial activities. More individuals and groups may be inspired to start their businesses. Existing MSMEs that utilize the resources and support provided by the incubation centers may experience substantial growth. As local MSMEs expand and new businesses emerge, there is a potential for a significant increase in job opportunities within the community.


Conclusion. By providing essential resources, fostering innovation, and empowering local businesses, these centers have the potential to catalyze economic growth, job creation, and increased prosperity within the community. Furthermore, the active engagement of stakeholders, robust socialization efforts, and a commitment to monitoring and evaluation will be crucial in ensuring this initiative's long-term success and sustainability. As Kaliabang Tengah Regency moves forward with this endeavor, it stands poised to become a beacon of entrepreneurship and economic resilience.

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Authors

Etty Susilowati
Setyani Dwi Lestari
Rizky Eka Prasetya
rizky.ekaprasetya@budiluhur.ac.id (Primary Contact)
Susilowati, E., Lestari, S. D., & Prasetya, R. E. (2024). The Micro, Small, and Medium Enterprises (MSMEs) Incubation Centers to Strengthen Local Economies and Foster Entrepreneurship in Kaliabang Tengah Regency. Pengabdian: Jurnal Abdimas, 2(1), 93–102. https://doi.org/10.55849/abdimas.v2i1.553

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