What do you get when you combine 27 budding entrepreneurs, a 10-week training program, and thousands of dollars in seed money?! Endless possibilities!
On April 13, Connect to Implement Development (C2iDev), in partnership with the Uganda Business Development Center, launched its pilot program aimed at helping young people grow ideas into jobs. Through this program, 27 promising young entrepreneurs in Uganda, at various stages of concept and business development, will undergo 10 weeks of training in areas such as market analysis, financial plan development and business plan development. Following the training, students will pitch their concepts to an array of potential investors and mentors, in an effort to secure future funding and mentorship for their concepts.
We hope that you will support these entrepreneurs too! Throughout the next 10+ weeks, we’ll showcase their developing concepts and give you a chance to offer invaluable feedback. We hope that very soon, we’ll be potential customers of the products or services that they launch.
C2iDev is a winning project of the World Bank Group’s 2015 Youth Innovation Fund and is executed by team members from the World Bank Group, International Monetary Fund (IMF), Inter-American Development Bank (IDB) and the African Development Bank (AfDB). These include C2iDev founders: Yvonne Kirabo (Uganda), Frederick Arthur (Ghana), Christian Gonzales (Honduras) and Odoma Ogbadu (Nigeria) and new team members: Alejandra Lopez (Colombia), Nisma Elias (Bangladesh) and Kerri Whittington (Barbados).
Moses Engwau Okudu and Anita Machayo implement this program through the Uganda Business Development Center (BDC), a trusted establishment aimed at helping entrepreneurs grow successful businesses. The overarching goal of the program is to tackle youth unemployment through entrepreneurship, with a special focus on fostering gender and income equality by targeting women and underserved populations.
We’re excited to have our first group of entrepreneurs on board! And we look forward to launch in 3, 2, 1…Stay tuned!