100 Young Entrepreneurs Train for Business Success
Unique in its focus on promoting entrepreneurship, graduates of the University of Central Asia’s (UCA) School of Professional and Continuing Education (SPCE) have established over 150 businesses in mountain communities of Central Asia, 45% by women. Through SPCE’s entrepreneurship programme, several hundred new jobs have also been created in societies which have traditionally suffered high unemployment rates.
Over the past month, 100 young entrepreneurs aged 18-28 years old were enrolled with SPCE’s entrepreneurship training programme. These students already have a business, or are developing a startup. Participants from several regions of Kyrgyzstan, including Bishkek, Osh, Naryn, Kochkor, Suzak, Bazar-Korgon and Aravan have had a unique opportunity to increase their capacity and skills in order to develop and grow their businesses.
SPCE entrepreneurship class in Bishkek.
Participants with the best 30 business plans at the training will be selected, and invited to pitch in front of a panel of judges. Thereafter ten finalists will receive monetary grants to implement their projects.
This programme is being offered free of charge, and includes intensive training with leading trainers on business promotion. It is organised as part of the “Demilgeluu Jashtar” project, and is funded by the United States Agency for International Development (USAID). Under this project, over 400 young people will receive entrepreneurship training, and the best projects will receive funding for their ideas each year.