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Problem.

Uganda has low levels of youth employment, on average, as evidenced by low employment rates. According to information published in recent years by the Brookings Institution and Enterprise Uganda: Youth (aged 15 to 24) in sub-Saharan Africa were twice as likely to be unemployed compared to any other age group. Additionally, 400,000 young people enter the job market annually for a mere 9,000 new jobs each year. *One job opening for every 44.44 people looking.

Target Population.

Youth (ages 10 - 15) at various private and public schools in Kampala, Uganda.

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KASUBI COU PRIMARY

GPS: 8HH2+JJ Kampala, Uganda

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KINGS WAY PRIMARY

GPS: 6GHX+99 Kampala, Uganda

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St. Andrew Gombe Secondary

GPS: 8GRX+4V Kampala, Uganda




PHASES.

A 9-month program that not only fosters entrepreneurship but is committed to providing program participants with long-term support for their enterprises and micro businesses.

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PHASE I

Education phase that covers topics related to financial literacy and social entrepreneurship to a large group of participants. Students learn to evaluate the market, create a business model and pitch a business plan. The students aptitude and commitment to the program will be continually assessed during this phase. At the end of phase one, students will apply as teams to enter phase two.



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PHASE II

30 participants: Two teams of 5 for each school. Determination based on their psychometric application, strength of pitch, personal buy-in, Innovation, and chances of ROI. Selected teams go through more specialized training on the banking system through our partnership with Finance Trust Bank and also from mentors on teamwork and business plan development.

Teams choose a name for the business and get a bank account through Finance Trust Bank. Participants do a second pitch as a team to get the 0% interest $500 loan from FinMango.

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PHASE III

Program is implemented through a guided structure and continuously refined.

Our commitment for all participants is forever.


DESIGN COMPONENTS.

TRAINERS.

  • Kasubi COU Primary School

    • Lead trainer: Mary Rose | Junior trainer: Genny Tanisha

  • Kings Way Primary School

    • Lead trainer: Aisha Ali | Junior trainer: Peter Ahabwe

  • St. Andrew Gombe High School

    • Lead trainer: Vincent Nsereko | Junior trainer: Terry Gladys

Mentorship Program

  • Each school will receive several mentors and limitless secondary/virtual mentors. Mentors will consist of I Profile Foundation members, School Representatives, and Local Business people.

  • Secondary mentors will consist of locals (specialized talents), FinMango members, and virtual mentors (social media influencers, USA business people, etc.)


KEY PARTNERS.

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