The Youth Citizen Entrepreneurship Competition is an activity within the framework of the UNESCO Global Action Programme (GAP) on Education for Sustainable Development (ESD)

Tanzania Universities Entrepreneurship Challenge

Published on July 3, 2014 um 14:37

Name of Enterprise

Tanzania Universities Entrepreneurship Challenge

Location

University of Dar es salaam P.O.Box 110099
0000 Dar es Salaam
Tanzania

Your title/position

Founder and chairperson

Type of Enterprise

informal program/project

Enterprise has a positive impact on

education , poverty reduction , sustainable trade, youth

Year the enterprise was founded

2011

Summary of your enterprise

The Tanzania Universities Entrepreneurship Challenge is a youth-led project with a purpose of getting more and more young university students interested into becoming entrepreneurs. We inspire young people to become entrepreneurs and we help and support Start-up businesses launched by University students and fresh graduates. We solve problems of unemployment and poverty, in Tanzania hundreds of thousands of youth graduate from universities, schools and colleges every year, only a small percentage of these succeed in getting employment, the rest become unemployed and they live in poverty. Unemployment among the youth is a very big problem in Africa considering that the youth are the majority of the population. We run idea generation and business planning competitions for university students to get them involved and engaged in entrepreneurship, we also run training sessions,inspirational sessions and workshops on entrepreneurship and business development. We run events in different university campuses in the country and we reach thousands of students, we also reach more and more young people through social media and online platforms.

Impact of your enterprise on sustainable development

Our enterprise has great impact in job creation and poverty alleviation which are very important aspects of sustainable development. We help young people become self employed and create jobs for their fellow youth, we emphasize the development of sustainable businesses and companies which can grow and create more and more jobs while solving local problems. We have come to realize that most of the young people we work with and support to build their own businesses end up solving actual problems in their communities,problems of water,power and education. We have set out to create a wave of Young African entrepreneurs who will transform the economy of Africa, so far we have reached over 10 universities in Tanzania and we have trained hundreds of students and we have had dozens of students launch their start-ups.

Sustainability and future plans

We raise funds in form of grants and sponsorship from Private, Government and non-government institutions who are interested in supporting the growth of entrepreneurship. We also manage to raise funds and revenues from companies which are interested in marketing to university students,they sponsor our activities and in return they get to bring their marketing materials and booths to our events. We are currently in the steps of launching a micro-finance institution to offer cheap loans to fresh graduates who are looking to launch their own start-up businesses. In the future we plan to expand our operations to cover other African countries starting with East Africa, we intend to reach university students in universities from other east African countries.

Your profile as an entrepreneur

My name is Victor Joseph Mnyawami, a 24 year old entrepreneur in Tanzania, I am highly passionate about technology and entrepreneurship and I believe strongly that proper utilization of technology and entrepreneurship will play a vital role in shaping the future of Africa I Founded and launched the University entrepreneurship challenge in the year 2011 during my second year pursuing a degree in commerce at the University of Dar es Salaam, I have had quite a good experience in entrepreneurship myself, During that same year I launched an e-commerce website for the local market, Since then I have founded three other technology start-ups while still running the entrepreneurship challenge successfully. In the year 2013 I received an award from the University of Dar es Salaam Entrepreneurship Forum for promoting entrepreneurship among students, I also was recognized as one of the top 25 entrepreneurs in Africa by the African Leadership Academy. In the year 2014 I received an international award for promoting entrepreneurship from the International youth Foundation and YouthActionet as I was selected as a fellow for Social Entrepreneurs Transforming Africa.

Entrepreneurship Training in Session

Entrepreneurs and stakeholders match up

Entrepreneurs competing in business planning competition.

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Comments

June 4, 2019 10:52

Beautiful, project. I am rooting all out for it.

Also, you can support and show your love to my project by commenting and voting for it at https://www.entrepreneurship-campus.org/ideas/24/13054

Keep Faith!

July 3, 2014 19:37

please vote for me as I also vote for you ,Vote for us now: https://www.entrepreneurship-campus.org/groups/entrepreneurship-competition-2013/contests/1/1441