Business Innovation School

Sector: Business

Implemented by: SCBM project

Budget: 20,100 EUR

Duration: August 2016- August 2017

Beneficiaries: 30 young entrepreneurs from both banks 

Results: About 100 applications were received, out of which 30 beneficiaries (50% from the left bank and 40% women) were selected based on anopen competition,

•The participants created 15 joint teams anddeveloped innovative business ideas,learning from top speakers about their experience and being mentored in developing their own ideas.

•The best 2 teams, that developed the most viable and sustainable business ideas, build around a strong confidence building element received a financial award (4 awards of 20 000 MDL each for 2 best teams) to further develop their businesses.

•A list of trainers and coaches for 7 different topics, has been defined. Well-known and experienced business guests were invited and talked about their success stories and encountered bottlenecks. The materials for the 7 days’ courses were developed and adjusted to the trainees needs;

•The event was promoted on social resources and through printed media through the cards of the main event speakers;