A BRIEF ON MKU’S GRADUATE ENTERPRISE ACADEMY - November 2018
Preamble
This is a presentation on the Graduate Enterprise Academy (GEA) which is MKU’s strategic forum for assisting graduates to have a mindset change towards job and wealth creation. It is a vital marketing opportunity for MKU in addition to being an outreach activity as one of the core – businesses of MKU. The report has two parts, namely, Part One which is the individualized self-analysis of each beneficiary as well as an analysis by the by the MKU’s School of Business teams engaged for Monitoring and Evaluation. Part Two is a presentation of a few cases of selected GEA - based businesses as presented for marketing and visibility purposes. This is a process of continuous improvement as the GEA team always identifies new partners for bench marking to ensure better impact to the community. Three notable partners at GEA are Family Bank, Stima Sacco and the Bonn Rhein Sieg University of Applied Sciences (BRSU) of Germany. BRSU has sponsored 3 annual opportunities to show-case GEA internationally (twice in Germany in 2016 and 2018, and once in Nairobi, Kenya at the University of Nairobi in 2017). It is of great importance to note right from the onset that, GEA’s sterling performance was identified as a key feature at MKU during the development of the proposal which has so far been funded by DAAD under the banner of “Collaborative Entrepreneurial Universities (CEPU) funded for three years to reach out to more Kenyans (Staff, students and other stakeholders) and train them on entrepreneurial and innovative skills for sustainable development. This is a 3 year funded, collaborative project which brings together 5 Germany Universities, including Leipsig, Leuphana, BRSU and others, MKU and Kenyatta University in Kenya under a coordination of the Bonn Rhein Sieg University of Germany.
Testimonials/Progress Reports
STEJO TOURS AND TRAVEL LIMITED
WYNNESTART RABBIT HUB PROGRESS REPORT
OTHER MKU GEA CASES COVERED BY BIASHARA LEO
Applications are closed
Enterprise Academy applications for the year 2014/2015 are now closed as from 1/11/2014,we thank you for your interest in joining our program.
We now move to the next step of selection and conducting interviews to the applicants so that we selecttop layer idea holders.
Selected apprentice will then be hosted in Mount Kenya University when from where they will be taken through the mentorship program.
We will announce later when the next selection will be.
Statistics indicate that 60% of the Kenyan population is under the age of 30. The World Bank has estimated that Kenya’s unemployment rate currently stands at 40%. Societies that have successfully transformed their economies have one thing in common‒they have recognized youth as drivers of change. In the rapidly changing global socio-economic landscape, young technocrats are looking out for opportunities to exploit their full potential by setting up their own ventures thus becoming “job generators” rather than “job seekers”. This necessitates systematic interventions and new instruments which could facilitate the development and growth of new ventures by scientists and technocrats. In this context, some of the mechanisms which have become popular the world over include Science Parks, Technology Parks, Technology Business Incubators, Technopolis, Schools of Small Business Development, Innovation Centres and Entrepreneurship Development Cells (EDCs).
The 2nd call for Enterprise Academy applications - 2015
The Enterprise Academy is now recruiting 15 MKU Alumni who will undergo a rigorous three-month residential apprenticeship programme in early 2015. The training will involve various practical aspects of entrepreneurship through interaction with leading local and international entrepreneurs. The 10 most promising business ideas will be supported with between Kshs. 300,000 to Ksh. 800,000 as start-up capital to implement their business ideas based on the viability of their business plans and monitored for up to one year.
The Enterprise and Mentorship Academy strongly encourages the awardees to continue borrowing from Financial Institutions to further grow their enterprises.
The three-month business apprenticeship programme will start from May 1, 2015 through to July 23, 2015.
ELIGIBILITY CRITERIA
The applicant for the above fund MUST:
- Be a Mount Kenya University Alumnus
- Be available for a continuous three-month residential apprenticeship
- Have a viable business idea
- Committed to creating further job opportunities in their enterprises.
All applications MUST be received by close of business, on Tuesday, March 3, 2015. For application and further information, please visit http://www.mku.ac.ke/enterprise-academy/index.php/enterprise-academy/application
Only online applications will be accepted.
Further enquiries can be sent to enterpriseacademy@mku.ac.ke. Mount Kenya University ascribes to supporting enterprise growth in Kenya and the region.For more information contact the office of the Director, Research and Development:
Mount Kenya University,
P.O. Box 342-01000 THIKA,
Tel. 020-2088310, 020-2338146/8
Cell: 0720-790796, 0718079816
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