The University of Botswana in partnership with the Frankfurt School of Finance and Management recently embarked on a capacity building project for entrepreneurs in Botswana.
The project, supported by the European Investment Bank was delivered through entrepreneurship development training programmes with a focus on business models, innovation and creativity, financial literacy and general skills required for business growth.
The aim of the training programmes was to equip local entrepreneurs to become bankable as well as to be able to stimulate growth in their businesses.
At the end of the training UB in collaboration with the European Union Delegate Office hosted a Certificate Awarding Ceremony for trained entrepreneurs. The entrepreneurs were drilled in “Financial Literacy for Entrepreneurs” and “Women in Entrepreneurship; training for growth”. The two programmes were delivered in September 2018 and October 2018 respectively.
Speaking at the certificate awarding ceremony, EU Ambassador Mr Jan Sadek said the Women in Entrepreneurship, Training for Growth Programme, viewed creativity and innovation as important factors for growth and sustainable business.
In that way it encouraged participants to set up businesses or develop their companies to create employment for other as well as reducing the high unemployment burden in Botswana.
Mr Sadek also appreciated the impact of the two programmes - the Financial Literacy for Entrepreneurs Programme and Women in Entrepreneurship Training - for growing large numbers of entrepreneurs.
A majority the trainees were women entrepreneurs, who were empowered with strategic management tools as well as essential skills to enable them to access finance more easily.