Training the entrepreneurs of the future
More than 120 aspiring young entrepreneurs, aged between 7 and 17, gathered to sell handcrafted goods.
The event, made possible through the collaboration of the Young Entrepreneurs Foundation Trust and the Sibaya Community Trust, was the culmination of 30 weeks of entrepreneurial learning and enrichment for the young entrepreneurs.
All of the participants at the Young Entrepreneurs Market Day at Sibaya had successfully completed a 15-week training and development course in entrepreneurship and a 15-week course in financial literacy.
The children attended classes for an hour each week at participating schools in Chatsworth and Phoenix. Classes were hosted by Young Entrepreneurs’ accredited facilitators.
Sibaya Community Trust helped fund the pilot programme to uplift previously disadvantaged young people in eThekwini at a cost of R300 000.
“We believe that nurturing and developing entrepreneurial skills amongst the youth will not only complement the work they cover in school, but it can also be seen as part of the solution to unemployment,” said Thabile Lusanda Kojane, CSI Co-ordinator: Sibaya Community Trust.
Young Entrepreneurs teaches children entrepreneurial and financial literacy skills and helps them start and grow their own micro-enterprises.
Its programmes use play and a collection of fun, interactive, multi-media hands-on activities, games, simulations, videos and online applications to teach children business principles.
“The vision of our partnership with the Sibaya Trust is to see our learners become contributing members of society through entrepreneurial ventures,” said Karthigasen Chithrai of the Young Entrepreneurs Foundation Trust.