MTN SA Foundation, in partnership with the University of Free State, honoured 60 students who participated in the MTN Entrepreneurship Development Programme on 06 February 2015.
The 12-month programme was conducted at the University and entails skills training for a period of six months where participants are taught business principles and business plans development.
The remaining six months are used for mentorship programmes, further business education, interdisciplinary training, post-training, consulting and business networking sessions. Participants also get an opportunity to present their ideas to potential investors.
The grade 11 learners, post matriculants as well as business practitioners had the opportunity to experience the programmes and seven business practitioners also received seed capital of R80 000 each.
“It has always been MTN SA Foundation’s dream to establish enabling environments that allow entrepreneurs as well as SMMEs to thrive and alleviate poverty in communities they operate in. Partnering with the University of Free State was a perfect opportunity for the Foundation to realise that dream,” said Kusile Mtunzi-Hairwadzi, General Manager of the MTN SA Foundation.
“The unemployment rate is still on the rise and I’m glad that the students have taken the first step towards addressing the need for sustainable entrepreneurial development in the Free State,” said Kusile Mtunzi-Hairwadzi, General Manager of the MTN SA Foundation.
“I also appreciate the hard work, perseverance and self-discipline it took for these graduates to complete the programme during a time when education seems to be plagued by unrest and discord. It is heartening to see that education and the Foundations efforts are valued.”
“The locals, not only in Free State but nationwide, need to be self-reliant and entrepreneurial. Our programmes and partnerships with higher learning institutions will enable aspiring entrepreneurs to be exactly that,” stated Mtunzi-Hairwadzi.
The MTN SA Foundation’s integrated approach to social investment places a strong emphasis on whole-community development and on-going measurement to ensure the delivery of meaningful, relevant and sustainable impact.