One reason as to why many business plans owned by the youth fail to take off is because of lack of start-up capital. In order to assist the youth to get these entrepreneurial ventures on their feet, The African Centre for Women Information and Communications Technology in partnership with The Ministry of Foreign Affairs of Finland and The Children and Youth Foundation is conducting entrepreneurship competitions in Busia and Trans Nzoia Counties.
One critical expected outcome of the competitions is to have the beneficiaries trained under the Ngazi Youth Empowerment Program set up their own business enterprises. To ensure this, contestants with the best business plans will be awarded start-up kits.
The first entrepreneurship competition in Busia County took place in Busia Youth Polytechnic on the 7th Feb 2017. On this day, the beneficiaries’ arrived early, well-groomed and ready to face a life time opportunity. Many folded into their groups to review their business plans and brainstorm of some the questions they expected from the panelists.
Before going into They had a brief session with Ms. Alice Mbui, ACWICT Master Trainer Entrepreneurship, who encouraged them to work as a team.
“ACWICT is giving everyone an equal opportunity, and so when you face the judges do not be afraid to tackle the questions asked. Be clear and precise on what you want and most importantly ensure that you work as a team,” said Ms. Mbui.
The Program Manager Mr. Samson Orao, said the competition seeks to award serious teams with business plans that can stand the test of time.
At total of 26 groups submitted their business plans.
May the best team win.