Ejo Heza Youth Hub (EHYH)
Published on July 27, 2016 um 08:36
Explain your idea in details:
Rwanda Government is fighting the dependency syndrome and encouraging innovation and job creationamong youths. On the other side, there exist few small scale youth training centers in Rwanda and this possess a question to youth where to find a training center. In this case, EHYH here we come, Our main objective is to educate youths on short-term courses and entrepreneurship by building self-confidence and awareness among them so that they can identify their potentials while ensuring quality education,integrity and profitability. EHYH's headquarters will be in Musanze district,Rwanda and later expand to other divisions.EHYH will offer computer science,Mechanics,construction,languages and other crucial services such as career,scholarship, loan assistance and recreational activities. EHYH will have its unique services such as offering business advices to youths before and after finishing their courses, promoting innovation spirit among youths, offering rare services such as career, scholarship, loan assistance.
Expected impact of your idea on sustainable development
Much as every youth needs to be educated,EHYH is targeting to all youths without any form of discrimination. We are targeting to all youths who need skills which are required to start their businesses, youths with natural disabilities who missed the opportunities to undertake short-term courses,youths who need career, loan,scholarship assistance and recreational activities. EHYH have many opportunities of succeeding; demand for education is increasing due to increase in population, Government's policy of encouraging creativity trough educating entrepreneurship,EHYH will compete with small scale training centers therefore faces limited competition. Furthermore, many mature committed,determined, innovative, professional,experienced teachers with varied skills in different aspects of business are available in the country. On the other hand, EHYH faces many weakness such as lack of financial resources ( we shall start with small capital provide quality and efficient services so that even in the event of new entrant capture market will be hard to snatch away.
Plans for implementation and sustainability
EHYH will operate as stock joint company. Through aggressive marketing and promotional activities, innovative, experienced team, EHYH projects to grow from 120 to 200 students by the end of the first year of operation. This will generate fees of 90,200,000 Rwf( 138,769 USD) and net profitprofitprofitprofit ( after tax) of 38,040,000 Rwf , hence making a return on investment of 61%.This amount will be quickly increased due to Musanze 's population which is growing fast. Therefore EHYH is a serious opportunity to serious investors. EHYH is willing to collaborate with Donors all over the world who are willing to help vulnerable youths. We will collaborate with Workforce Development Agency (WDA) in order maintain good quality of education through different curriculums. Moreover EHYH will work with Banks so as to implement loan assistance service.
I' m seventeen years old, I have passion for my country Rwanda and Africa, commitment to service,entrepreneurial spirit and leadership potential. In this case, I thought about the role I envision playing in Africa's future, hence, I came up with a business idea(EHYH) to enable my fellow youths to prepare bright future themselves. I always be motivated by competitions like this, which encourage and motivate youths and wish us continued success in our lives as we pursue our dreams.
Stage of Idea
planning stage, start-up stage