Nepal – Samriddhi, the Prosperity Foundation, in partnership with the World Bank and the organization Social Science Baha, conducted a policy roundtable on the issue of “Youth Migration and Entrepreneurship in Nepal.” Director of Social Science Baha Deepak Thapa presented the findings of a recent study on the topic, and Samriddhi, the Prosperity Foundation Executive Director Robin Sitoula moderated the program. The event was attended by 35 people including bankers, entrepreneurs in the IT and agribusiness sectors, representatives of the Federation of Nepalese Chambers of Commerce and Industry, and government officials. The participants formulated policy recommendations to reduce the outward migration of young people from Nepal through fostering entrepreneurship. In addition, Samriddhi, the Prosperity Foundation and Sagarmatha FM aired an episode of the radio program on entrepreneurship, examining the issue of access to credit for small-scale and new entrepreneurs.
Afghanistan – CIPE conducted the final round of the business proposal writing competition under the Tashabos youth entrepreneurship course. During the school year, CIPE conducts competitions at each high school participating in the program and selects winners to go on to the final round. The ten finalists, representing Bamyan, Kabul, and Nangarhar provinces, competed in Kabul before a three-person panel from the Mesbah Educational Institute. The audience included teachers and the principals of the students’ schools, and the head of the Ministry of Education’s Curriculum Development Department.
Azerbaijan – The Entrepreneurship Development Foundation, along with partnering organizations the Baku Education Information Center and the Baku Political Studies Program, finalized the selection of 25 university-age Azeri youth to participate in a series of seminars aimed to educate them on economic reforms and provide them with communications skills. The seminars series began on December 22.
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Samriddhi, the Prosperity Foundation, organized several events to mark Global Entrepreneurship Week, in partnership with a wide range of other local organizations. These included an event on November 21 to highlight the achievements of five prominent Nepali entrepreneurs, which was covered in the country’s main national daily newspapers, including the Kathmandu Post, Republica, the Himalayan Times, and others. Attendees also included the head of the Federation of Nepali Chambers of Commerce and Industry and the Chief Executive of the Nepal Investment Board. The next episode of Samriddhi’s radio program on entrepreneurship is planned for December 2, and will address how financial institutions can better serve small-scale entrepreneurs.
Congratulations to Samriddhi for winning the 2012 CIPE Leading Practices Contest! – Kim Bettcher, CIPE
Nepal – Samriddhi, the Prosperity Foundation has initiated a monthly lecture series entitled “The Freedom School,” inviting various policy experts to speak with both graduates of the Arthalaya youth entrepreneurship program and Samriddhi, the Prosperity Foundation staffers. The series will help build the organization’s network of advisors and experts, which in turn will support advocacy efforts around the Nepal Economic Growth Agenda. The first lecture was held on August 31, with a presentation by Director General of the Federation of Nepalese Chambers of Commerce and Industry Dr. Hemant Dabadi on changing trends in Nepal’s international trade.
Ukraine – On August 15, CIPE partner the Izmail Municipal Entrepreneurship Support Foundation completed an outreach process that included a series of focus group meetings with local business leaders. The outreach was part of an effort to identify priority issues for the small and medium-sized enterprise (SME) community in the run-up to Ukraine’s parliamentary elections set for late October. Based on input from 80 members of the local business community, the head of the Izmail Municipal Entrepreneurship Support Foundation Valentina Stoikova issued a public statement listing priorities that include the reduction of taxes, an increase in economic development funds from the government, and the reinstatement of a vocational training program operated by the government. The effort in Izmail is part of a National Endowment for Democracy (NED) -funded program in 10 Ukrainian regions to highlight the needs of the SME community over the course of the parliamentary election campaign.
Peru – CIPE partner Instituto Invertir organized a meeting with several Lima-based EmprendeAhora alumni to discuss the agenda for the upcoming alumni conference on September 29-30. Two hundred program alumni have confirmed their attendance for this first ever EmprendeAhora alumni conference. Regarding the next version of the educational program, Invertir has already received more than 2,300 applications in the run up to the September 7 deadline. Additionally, Invertir’s program coordinator was invited to speak about EmprendeAhora on the national television program, “Punto de Vista.”
Continue reading ‘CIPE Entrepreneurship Update’ »
Azerbaijan – On May 1, Azerbaijan’s Entrepreneurship Development Foundation held a conference in Baku entitled “Roadmap for Developing Small Entrepreneurship.” The conference explored the legal and regulatory barriers facing small businesses in Azerbaijan, and the policy alternatives that could be developed to address them. The 55 participants and speakers included representatives from Parliament, government, think tanks, and business. CIPE Regional Director Andrew Wilson travelled to Baku to speak at the event, and to conduct meetings with local business, policy, and youth groups to explore the challenges faced by young entrepreneurs.
Russia – The Vladikavkaz Institute of Management (VIM), a CIPE partner, on April 28 awarded certificates to 19 students who completed a six-week course designed to give local youth the skills needed to launch a business and fully participate in local democratic institutions. As part of the certificate program, students drafted business plans for business start-ups, the most viable of which will be presented by VIM to the regional economic development authority for possible funding. The start-up ideas range from launching a kindergarten to opening a soccer training facility. The students, ranging in age from 18 to 24, are the fifth group to complete the youth entrepreneurship training program funded under a grant from the National Endowment for Democracy.
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Last week CIPE announced the winners of the Fourth Annual International Youth Essay Competition. An international panel of judges including partners from business associations, think tanks, and other international development organizations selected nine winning essays from a collection of over 400 submissions.
Topics addressed under this year’s competition included corruption, democratic transitions, and economically-sustainable development. CIPE received essays from over 65 countries including Afghanistan, Cambodia, Cameroon, Egypt, Indonesia, Moldova, and Uganda.
The first place essay in the Economically-Sustainable Development category came from one of CIPE’s partner organizations in Nepal, Samriddhi. Written by Sarita Sapkota, the 1st place essay analyzes the history of development aid in Nepal. Arguing that development projects funded by outside donors has created “huge machinery that needs a lot of resources to sustain but in effect contributes [a] negligible amount in terms of impact.” Sapkota suggests that Nepal should instead look to the enthusiasm and energy of young Nepalis to create innovative and sustainable models for long term development.
For a complete list of the nine winners and short summary of each article, visit the CIPE Development Blog. Continue reading ‘CIPE Announces Winners of Fourth Annual Youth Essay Contest’ »
[If you're in Washington, hope you can make it. We'll capture the event for our online audience...]
Please join the Center for International Private Enterprise (CIPE) and the National Endowment for Democracy (NED) for a luncheon discussion featuring:
Daniel Cordova, Instituto Invertir
Arpita Nepal, Samriddhi, the Prosperity Foundation
Miriam Kornblith, National Endowment for Democracy
with comments by:
Ambassador Harold Forsyth (invited), Embassy of Peru in the United States
John D. Sullivan, Center for International Private Enterprise
Across the world, countries are grappling with challenges of social and economic inclusion Continue reading ‘Democracy, Entrepreneurship, and the Inclusion of Youth’ »
CIPE and Samriddhi launched a new publication, “Building a New Generation of Entrepreneurs in Nepal,” which profiles eight of the graduates of Samriddhi’s “Arthalaya” youth entrepreneurship program who have successfully launched businesses in Nepal. Since the program was started in 2009, over 300 students have completed the Arthalaya workshops, and Samriddhi now runs the program without CIPE support, with funding from local private sector donors and nominal students fees. Continue reading ‘Entrepreneurial Journeys of Arthalaya Graduates’ »
Samriddhi, the Prosperity Foundation was once again an active participant in the Global Entrepreneurship Week festivities. In the days leading up to GEW 2011, Samriddhi not only publicized its own event, but also the history and importance of GEW in general through a press release to local media. The advanced notice paid off and several media outlets covered the event held on November 17th honoring eight prominent entrepreneurs from various sectors across Nepal. Multiple accounts of the event can be read in publications like the Kathmandu Post, as well as two sections of the Himalayan Times (Entrepreneurs Urged to Tap Opportunity and Entrepreneurship Celebrations and Rehabilitation). Biruwa, a local start-up incubator in Nepal, also posted a lengthy blog describing the event and summarizing several key takeaways based on the experiences of the entrepreneurs who were honored.
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Samriddhi, the Prosperity Foundation observed Global Entrepreneurship Week on November 17 by recognizing eight entrepreneurs and asking them to share their experiences. The honorees were Mr. Bholanath Sharma, Mr. Biswas Dhakal, Ms. Hajuri Bista, Mr. Hari Bhakta Sharma, Mr. Maheswor Shrestha, Mr. Niranjan Shrestha, Mr. Om Rajbhandary, and Mr. Shyam Kakshapati.
See the event summary.
Continue reading ‘Entrepreneurs Honored in Nepal’ »
Lebanon - Through the project Fostering Free Enterprise in Youth, the Development for People and Nature Association (DPNA) will be training the steering committee for its network of alumni. CIPE Communications Director Caroline Scullin will lead the training. This network will facilitate knowledge-sharing among program graduates and aspiring young entrepreneurs and provide technical assistance to youth interested in establishing their own businesses.
Pakistan – The Young Entrepreneurs Forum of the Islamabad Chamber of Commerce and Industry, in conjunction with CIPE, will hold a conference Nov. 16 on developing an entrepreneurial culture. In Karachi, CIPE has a Nov. 15 event on “What It Takes to Be an Entrepreneur.”
Continue reading ‘CIPE Preview of Global Entrepreneurship Week 2011’ »