CRITICAL SUCCESS FACTORS OF PERFORMANCE OF GOVERNMENT FUNDED YOUTH ENTERPRISES IN KAKAMEGA COUNTY KENYA
Abstract
The current study sought to establish the critical success factors of performance of government funded youth enterprises with a focus of Kakamega County. The study was guided by the following specific objectives: To assess the influence of leadership skills on performance of government funded youth enterprises in Kakamega County Kenya, and To analyze the influence of capital accessibility on performance of government funded youth enterprises in Kakamega County Kenya. The theories that supported the study included Empowerment theory, and Resource dependency theory. The target population of the study comprised of 1270 government funded youth enterprises in the County and distributed across six sub counties (Matungu, Kakamega south, Mumias, Lugari, Butere and Kakamega central Sub-counties). Fishers sampling formula was adopted to derive a sample of 295 respondents. The study adopted a stratified random sampling method in distributing the sample across the sub-counties. The unit of analysis was chairpersons, treasurers or secretaries of the youth enterprises. The study used quantitative data that was collected from respondents using questionnaire with closed ended questions. A pilot test was conducted to detect weaknesses in design and instrumentation. Cronbach's alpha was used to test for internal reliability of each variable that were used in the study. Data was analyzed using Statistical Package for Social Sciences (SPSS) version 22. Both descriptive and inferential statistics were used. The study findings were presented in form of tables and figures for easier interpretation. The study findings, supported by beta coefficients, underscore the significant impact of critical success factors on the performance of government-funded youth enterprises in Kakamega County. Notably, leadership skills (β = 0.272, p < 0.05), and capital accessibility (β = 0.409, p < 0.05) demonstrate substantial influence on enterprise performance. These coefficients highlight the importance of fostering a culture of innovation, effective leadership, entrepreneurial skills development, and improved access to capital to enhance the success and sustainability of youth enterprises. Thus, investing in initiatives that address these critical factors could significantly contribute to the growth and success of government-funded youth enterprises in the region.
Key words: Leadership Skills, Capital Accessibility, Performance
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