News | Development Cooperation 01.10.2014

Entrepreneurship Training Program: A further 144 participants receive their graduation certificates

Rolf Huber, CEO of Siemens Stiftung, honoring Japtheth Hosanna as “Best Entrepreneur”.

"The goal of our business training is to empower people to take their life into their own hands," said Rolf Huber at the closing event of the Entrepreneurship Training Program in Nairobi. "Becoming self-employed opens up new economic and social perspectives for many of our participants."

The graduates from the same program also received their certificates in Mbita by Lake Victoria a few days before. In the past six months, a total of 144 participants underwent an extensive training and mentoring program aimed at imparting know-how and knowledge in business management, customer orientation and accounting, as well as social and personal skills. In weekly meetings they discussed their experience being self-employed with each other and obtained advice on their business plan and valuable contacts with suppliers, bankers, customers and business partners.

The participants were awarded their graduation certificates at two official ceremonies in Mbita on the shores of Lake Victoria and in Nairobi. Special awards were also bestowed in the categories Best Male Entrepreneur, Best Business Plan, Best Training Group, Best Female Entrepreneur and Best Group Leader. The certificates are also signed by the Kenyatta University School of Business – a great accolade and acknowledgment for the graduates. Since the program was launched, a total of almost 500 micro-entrepreneurs and young persons have been given training at seven locations in the Nyanza region by Lake Victoria, central Kenya and the capital city Nairobi.

One of them is Agnes Orwa, who won the award for the Best Business Plan: "Before the training, I lived from day to day, like most people here. Now I run my own small business and I'm very proud of that. I know how to compare what I take in and what I spend and calculate the profit. That makes my life more calculable."

Promoting personal initiative and an entrepreneurial mindset, Siemens Stiftung provides practical training courses and regular mentoring for micro-entrepreneurs and ambitious young people. Partners in this project alongside Siemens Stiftung are the Kenyan business mentors network The Youth Banner and Kenyatta University School of Business.