MOHELI – In a country where more than 60 percent of the population is under the age of 35, youth entrepreneurship is key to the nation’s economic development. To support this, alumni of the Young African Leaders Initiative (YALI) organized a workshop for 50 young entrepreneurs and business start-ups in Moheli November 28-30.
The training, led by YALI Alumni Comoros (YAC) and organized as part of Global Entrepreneurship Week 2022, introduced participants to the techniques and ethics of entrepreneurship. Participants benefited from training in business creation and management, project management, business plan development, and risk management. A special session on women and entrepreneurship was also organized. The program was funded by the U.S. Embassy in Madagascar and Comoros with a grant of $11,000.
YAC is the association of Comorian YALI program alumni who were trained in the United States in several areas, including entrepreneurship. Once back in Comoros, they created the association to share their knowledge and contribute to the development of young people, including aspiring entrepreneurs.
The YALI scholarship is a program of the U.S. State Department, funded by the U.S. government. Didn’t get to participate in the training? Visit YALI https://yali.state.gov/, where you will find exchange programs and online entrepreneurship training, such as the YALI Learns course https://yali.state.gov/learns/.