Entrepreneurship Development Programme Rolls-Out to Regions of Ethiopia
The Government of Ethiopia in collaboration with the United Nations Development Program (UNDP) officially launched a three-year Entrepreneurship Development Program, the Government-UNDP joint flagship programme, in February 2013 at the Ethiopian Premier's Office in Addis Ababa, in the presence of Prime Minister Hailemariam Desalegn of Ethiopia, senior government officials, diplomats and heads of different organizations.
The Entrepreneurship Development Program has been providing entrepreneurial skills training and comprehensive business advisory services to micro- and small-scale enterprises to create job opportunities and to ultimately contribute to the attainment of the country's development goals. The program would also aims to help transform the attitude of many of Ethiopian young people and women so that they could be initiators for job creations for themselves and others.
After the national launch in February, the Entrepreneurship Development Programme rolled out its support programme to small, medium and micro entrepreneurs in SNNPR, Oromia, Amhara and Tigray throughout the month of August 2013.
The regional programme in respective regions consisted of a 6-day intensive entrepreneurship development training and provision of business development services (BDS) such as business health checks and advisory services to micro and small scale business owners.
A total of 375 MSEs and potential entrepreneurs strengthened their entrepreneurial competencies, and 245 business owners benefited from the EDC’s BDS support during the regional rollout. Business development services are important because they can assist entrepreneurs to run their business more effectively and if appropriately applied can facilitate access to finance.
The Entrepreneurship Development Center (EDC) in Addis Ababa coordinated the regional rollout, and 20 local trainers and business advisors were involved in the programme with the support from the Government, UNDP and a team of international consultants.
To date, the project supported 790 people to acquired entrepreneurial skills and knowledge and 295 micro, small and medium enterprises to improve their business management and operations. The program is running in the year 2012- 2015 which requires 26.3 million US dollars of budget.