TRAINING ENTREPRENEURS FOR POVERTY ALLEVIATION

Summary of the Project

TEFORA is to train the Designing; Appraisal; Financing and Implementation of Projects, Resource Mobilisation and Proposal writing, Financial Accountability and Ethics as well as competitiveness.  Civil society is to be mobilized and helped to enhance skills that are the drive in well thought out and workable business ideas.  Starting small and growing shall be exhibited hence encouraging own business growth instead of job hunting.  Youth unemployment to be reversed making them enterprise managers capable of making strategically correct decisions

Project Aim

Promotion of entrepreneurial spirit among prospect potential entrepreneurs given that these skills are greatly lacking hence failure of businesses leading to poverty.

Project Objectives:

a)     To graduate people armed with business skills to run businesses successfully;

b)     To enhance the spirit of competitiveness among potential entrepreneurs;

c)     To enhance own employment creation against job hunting;

d)     To enhance the ability to design proposals that can win donors for funding;

e)     To enhance ability to fundraise and the various approaches to funding businesses;

f)      To train for successful business managers against the background of business gamblers;

g)     To inculcate the culture of business ethics and social accountability; this is greatly missing in society.

Project Outcomes:

Many more new start – up enterprises and with high degree of successfulness; Increased trust into those that shall start the businesses; Reduced default rates by borrowers with the training background; Increased employment of previously unemployed youth; More resource mobilization to back up the undertakings

Project Activities:

Acquire premises for training, pay rent; Order & and then stocking classroom; Publicity of programme through FM Radio; Make vital Purchases, Set timetable and the 4 instructors to implement the programme (1^st month); Work on schemes of work (2^nd month); Effecting the training (course of 2^nd month); the 1^st group (towards end of their training), monitoring & evaluation to be undertaken for training done; Graduation after 3 months and Award of Certificates; 180 people to have graduated by the end of 12 months; Organise external auditing of the organization accounts .

Methodology & Assumptions

Publicity; trainees to register, advantage lower charges; Starting own enterprises as employment is hard to come by but fear of risks when they see failures by others; Evidence is that people don’t know the matrix to business success and when armed with it, they will succeed. Results: because they are the missing link to successful innovation.

How the need was identified

The Needs assessment in Uganda was done by Enterprise Uganda an organization founded and supported by UNDP; these have documented evidence of collapse by most start up enterprises; Employers’ comments & too many job seekers. Findings and results are such that many Ugandans have poor work ethics; schools concentrate on academics, nothing about business skills; and that there is need to enhance self employment skills to improve income.

Intended beneficiaries of the project

Those who have left or dropped from school; those in business but need to enhance skill and graduates wishing to add to their qualifications (>180 beneficiaries).  Direct beneficiaries include trainees; financial institutions (less default rates). The indirect: the economy, employers, families with better economy and better security for all.

Will other organizations get involved in the project?

Other organizations that may wish their staff to benefit from the training shall be involved and will pay for their tuition.  It is not unusual for organizations to identify that they need such training and use the chance to boost skill of their staff.  Resource persons in business undertakings to be called upon to enrich the trainees. We shall reach out to some after the 12 months to help with sustainability for the period that will follow.

How the impact of the project will be sustained:

A part from very needy trainees (those with financial vulnerability), others are to pay fees though low given competitive rates.  Fees paid shall help the sustainability after the 12 months when the project life will be complete (Fees paid shall be banked as security to cater for thereafter). Quality of graduates shall induce more to come plus the soliciting of support from business undertakings that will value our efforts.

The Monitoring & Evaluation of the project activities

Monitoring to be by Instructors and independent visitor observers who will assess trainees. Activities to evaluate progress shall include: Evaluation from the participation of trainees in course of training, here it is easy to see active participants; Grading the Course works and Set exams. Course work to be given a percentage on total grades of trainees.  Awards to be classed against to level of passes. 

Information is to be used to encourage the staff of enterprises as inducement to join the training; better the performance through bridging the gaps; Shall be available to interested public; Shall be used in decisions to expand capacity.

16. The Budget

No	Particulars	Pounds	Euro
1	1 Laptop Computer	600	612
2	1 HP Printer	220	224.5
3	1 UPS	100	102
4	60 Classroom Chair-desks @ 60,000/-	1,440	1,469.4
5	3 Instructors @ 300,000/- for 9 months	3,240	3,306.1
6	Assortment of stationery	784	800
7	Audit	200	204.1
8	Renting Training venue for 10 months	800	816.3
9	Publicity on FM Radio for 90 days	360	367.3
10	Travel	80	81.6
11	Communications	120	122.4
12	Monitoring & Evaluation	480	489.8
	Total	8,424	8,595.5