TVET Colleges’ Supports and The Performance of Micro Small Medium Enterprises in Addis Ababa

Abstract

The study's goals were to look into how TVET colleges support small, medium, and large businesses in Addis Ababa and what role they play in raising those businesses' performance. Judgmental sampling was used on a total of 376 properly completed and returned surveys. Both qualitative and quantitative methodologies were used in the study, which used a descriptive and explanatory (mixed) design. The data analysis was carried out using the SPSS software version 25 and a descriptive statistic (frequency, percentage, mean, and standard deviation) as well as an inferential statistical analysis of correlation and relative relevance index. Internal consistency's Cronbach's alpha coefficient was used to evaluate reliability. The results of the study showed that TVET College support has a big impact on how well MSMEs succeed. TVETs in Addis Ababa, however, do not considerably improve MSMEs' performance. The relationship between TVET and MSME was shaky, TVETS did a poor job of putting policies and plans into practice, and TVETs played a little role in supporting entrepreneurship, transferring technology, and providing skilled labor to MSMEs. It is advised that TVET and MSMEs establish a shared agenda for making decisions on shared issues in order to strengthen their relationship. TVET institutions should close the technological gap with businesses. The MSMEs and TVEs should communicate and work together frequently.