Youth entrepreneurship benefits an economy by creating jobs, competitiveness, innovation of goods and services, strong community and cultural identities all while producing income and creating wealth.
Many young people grow up without opportunities to learn entrepreneurial and industrial attitudes and skills. Poverty with persistent unemployment and underemployment is the result. Entrepreneurs trigger and drive a nationwide process that enables the bottom billion to climb up the wealth ladder, transforms economies and enhances industrial development. It is the result of the entrepreneurs’ assessment of business opportunities, calculated courage and mindset.
Young people acquire personal qualities such as the ability to take initiatives, innovate, pursue creativity, have a willingness to take calculated risks, build self-confidence and use the power of collaboration to reach their goals. With this students learn to save, invest and grow. They enhance their technical thinking and learning capabilities. These competencies help them select and shape their career path, as employees or entrepreneurs.
The curriculum is built on virtual and action-oriented learning: more than 50 percent of the program time consists of practical research into identifying business opportunities with growth potential in their community, assessing resources for setting up and steering a business, and learning from successful entrepreneurs in their companies and in the classroom.
Our program is designed to help students explore their talents and current market needs to create viable business models.