Project aims to turn students into skilled, ready-to-operate entrepreneurs

In the midst of the unemployment crisis, with levels hitting a 16-year high in the third quarter of 2019, a new project between the department of trade & industry and African Development Bank aims to produce graduates who will leave colleges with fully functional businesses of their own.

About R6.2m of this will be spent on the enterprise development pilot in which four technical and vocational education and training colleges around the country will groom ready-to-operate entrepreneurs and open doors to local small and medium enterprises to use their manufacturing workshops.Ekurhuleni East TVET college acting centre manager

The pilot project has been in the making since 2015, but it is taking off now because two of the colleges got their workshops only recently. Another college in Esayidi, KwaZulu-Natal, was added to the pilot in 2019. The department’s pilot project co-ordinator, Nontombi Marule, said the department wants to shift the focus from just research & development, by taking research outputs to tangible projects which are implemented at a grass roots level.Alex Area, principal investment officer at AfDB group, said that with SA’s youth unemployment rate as high as it is, the pilot is aimed at helping the government create an environment that will make entrepreneurship spike.

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