Concept of Concept of Entrepreneurship Entrepreneurship Development and Development and

PromotionPromotionGabriel S Konayuma

Senior TEVET Officer, MSTVT

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AgendaAgendaConcept of Entrepreneurship

DevelopmentRole of Entrepreneurship

DevelopmentApproaches to Entrepreneurship

DevelopmentConclusion

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Concept of Entrepreneurship Concept of Entrepreneurship DevelopmentDevelopment

Entrepreneurship Development (ED) refers to the process of enhancing entrepreneurial skills and knowledge through structured training and institution-building programmes.

Essence: to create entrepreneurship culture within society.

Skills acquired may not be immediately applicable but could be useful in the long term

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Role of Entrepreneurship Role of Entrepreneurship DevelopmentDevelopment

Benefits both prospective and existing entrepreneurs

Contributes to the development of an individual’s creativity and initiative.

Contributes to job creation, economic growth and competitiveness.

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Approaches to Entrepreneurship Approaches to Entrepreneurship DevelopmentDevelopment

MSTVT has proposed the formation of a committee to develop an Entrepreneurship Promotion and Development Strategy.

Areas to be considered in the Strategy:

a)Entrepreneurship Awareness & Orientationb)Entrepreneurship Skills Trainingc)Business Start-ups/Entry Strategiesd)Business Development Services &

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Areas to be considered in the Areas to be considered in the Strategy: Strategy:

e) Business Support Services & Institutions

f) Entrepreneurship Coordination/Promotion Committee & Forums

g) Entrepreneurship Friendly Policy regime (e.g. MSME Policy, SNDP, TEVET Policy, Provincial & District Plans, Decentralisation Policy etc

h) Human Resources Development

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Enterprise Development Enterprise Development MatrixMatrix

Elements>>Curriculum Materials Development*Entrepreneurship Expertise Development*Popularising Entrepreneurship*Sustainable Institutional Framework

Actors>>Target Group>>Benefits>>

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