Entrepreneurship Training

Entrepreneurship training allowed ambitious young entrepreneurs to develop new business models or improve on existing ones. These young entrepreneurs would go on to create jobs for other young people that strengthen local communities and markets.

Approach

Through mentorship from business development experts, young entrepreneurs honed skills in product development, sales, marketing, and investment readiness. Participants ran crowdfunding campaigns that served a dual purpose: a source of needed seed capital and a unique opportunity to validate their business ideas. This process also empowered the entrepreneurs to openly discuss their business concepts with their networks, gaining not only financial support but also a boost in confidence. Several participants from each cohort benefited further from a match fund, enhancing the impact and potential of their ventures.

Key Learning Areas

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Creative Co-Creation

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Understanding Your Customer

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Understanding Your Market

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Value Proposition and Business Model Canvas

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Operations

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Marketing & Branding

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Business Finance

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Financing Options

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Crowdfunding

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Legal

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Action Planning

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Pitching

Key Innovations

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Partnership Builder

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Match-crowdfunding from friends & family

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Educational Partnerships

Incubation

Several promising entrepreneurs, both from our Entrepreneurship Training program and the wider community, advanced to Incubation Training. Project staff and experienced mentors provided rigorous start-up support, and collaborated with the entrepreneurship support ecosystems to find solutions for the unique challenges faced by these growing businesses.

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