MIT to train 375 entrepreneurs

Obrein Simasiku

The Ministry of Industrialisation and Trade (MIT) will undertake regional training to capacitate unemployed youth with basic entrepreneurial development skills.

The training will be done through its Entrepreneurship Technology Office (EMPRETEC) programme.

MIT’s chief information officer Elijah Mukubonda, said RAISSO Book Society, an association of unemployed youth mainly volunteers, requested the Ministry to conduct training for its active members involved in different socio-economic activities in the region.

MIT will take this very important training to all 14 regions focusing specifically with the development of business plans and other necessary documentations essential to enable the youth to access funding from financial institutions. This, according to Mukubonda, will be done through the entrepreneurial skills development training programme offered by EMPRETEC Namibia, in collaboration with the United Nations Conference on Trade and Development (UNCTAD) and United Nations Development Programme (UNDP).

“Our government, UNDP and other development partners identified the need to support entrepreneurs in the country with the establishment of EMPRETEC Namibia for the development of Entrepreneurship skills for enterprise expansion. The overall objective for EMPRETEC is to support entrepreneurship and enterprise development in the country using best practices,” said Mukubonda.

He added that a lack of entrepreneurial competencies among youth required the Ministry to embark on dispatching a team to engage in skills transfer to empower idle youth country wide.

“The training is expected to yield desired result embedded in the canvasing model focusing on behaviour and mind-set change to unlock business opportunities in respective communities. This coaching exercise is envisaged to chiefly enhance entrepreneurial skills and livelihood of participants,” he said.

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