UNDP-Microsoft Partnership Helps Ethiopian Entrepreneurs to Build their Business

Jun 9, 2015

Young entrepreneurs will be undergoing a Build Your Business (BYB) training sessions that aims to develop the knowledge and skills of those looking to sustain existing businesses as well as those wishing to start a new micro and small enterprise.

The training is part of UNDP’s partnership with Microsoft East Africa around the Entrepreneurship Development Programme (EDP). Canada is already on board as a key partner of the EDP, and provides 5.8 Million USD to the programme that will help build the entrepreneurial capacity of around twenty-five thousand Ethiopian women and youth.

The first batch of the BYB training session for almost 200 young women and men will be held in the bustling cities of Bahir Dar in the north, and Hawassa in the south of the country, during the month of June 2015.

Microsoft’s Myskills4Afrika initiative is designed to encourage domestic entrepreneurs to boost Africa’s economic development and its global competitiveness. The initiative focuses on the development of business strategy, marketing management, business communications, business financing, information technology, and operations management.

Most of the trainees are already benefiting from the EDP’s Business Development Services provided by the Entrepreneurship Development Center (EDC). The EDC runs the entrepreneurship programme and provides business support services to over 800 start-ups and almost a thousand existing businesses. EDC has also provided entrepreneurship training for over 16,700 Ethiopians across the country, including customized training for women and youth.  

The Entrepreneurship Development Programme was launched by Prime Minister Hailemariam Desalegn in February 2013 by UNDP in collaboration with the Ministry of Urban Development and Construction and the Federal Micro and Small Enterprise Development Agency (FeMSEDA) to support the growth of the private sector in the country.

 

For more information on Microsoft 4Afrika: http://www.microsoft.com/africa/4afrika/ 

The 4Afrika Initiative, launched in February 2013, is designed to help accelerate Africa’s economic development and improve its global competitiveness. It is a long-term commitment to help empower African youth, entrepreneurs, developers, business and civic leaders – helping them to turn great ideas into a reality that can help their community, their country, the continent and beyond.

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