Rwandan Government Seeks to Grow Startup Into Commercially Viable Agribusiness - 'Envisage Incubator
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Young entrepreneurs in Rwanda can now breathe a sigh of relief after the Government and other partners unveiled a new initiative dubbed 'Envisage Youth Agribusiness Incubator Programme', which looks to help the entrepreneurs turn their startups into sustainable and profitable ventures. The program was unveiled on Thursday at the University of Rwanda's College of Agriculture and Veterinary Medicine (UR-CAVM) in Musanze District, Northern Province. The business incubation center for youth in agribusiness is part of an initiative that officials say will remain operational to insure it mentors a critical mass of young entrepreneurs so as to accelerate the country's agriculture growth. The idea was championed by the Rwanda Youth in Agri-Business Forum (RYAF), which has about 12,000 members so far. RAF, which was initiated by five ministries in the last three years to engage youth in agribusiness, is now implementing the project in partnership with the University of Rwanda, Business Development Fund (BDF), and three Finland-based universities which will be assisting the local youth to acquire high tech knowledge in entrepreneurship. The universities are Hanken School of Economics, University of Helsinki and Aalto University. Patrice Habinshuti, RYAF Capacity Building Manager, said that the incubator program will equip youth with relevant knowledge and other incentives for their respective businesses to thrive. --- Support this podcast: https://anchor.fm/newscast-africa/support
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