19 Apr 2017 18:20pm
WINDHOEK, 19 APR (NAMPA) Substantial investments at all levels are needed to take tertiary education to a standard required for economic growth, Minister of Higher Education, Training and Innovation Itah Kandjii-Murangi has said.
The minister made the call during the launch of the Student Entrepreneurship Programme (SEP) and opening of a two-day conference on student entrepreneurship here on Wednesday.
The programme aims to, among others, deepen students understanding of business ventures and start-ups. It will facilitate the transition of student entrepreneurs to business owners upon graduation.
Kandjii-Murangi said her ministry places importance on the SEP as it will help to address the difference between graduates qualifications and industry demands.
SEP seeks to adopt a matching skills approach during the life of students at institutions of higher learning and Vocational Training Centres, providing the right entrepreneurial skills required to generate necessary economic dynamism to create new jobs, said the minister.
The programme will identify and develop students at tertiary level to cultivate a strong culture of business and establish networking opportunities for students with existing and successful entrepreneurs and the formal business sector.
In addition, it will also develop small incubation centres or entrepreneurial ecosystems at various institutions to help with cultivating and mentoring of upcoming entrepreneurs.
The minister explained that an entrepreneurial ecosystem would be a cluster of interconnected individuals, entities and governance bodies in a given geographical area that collectively support entrepreneurial activity.
Kandjii-Murangi said giant social media platforms like Facebook were started by university students while they were still studying.
These companies have not only transformed the world and the way we know it, but have provided employment to thousands of people and had a huge positive impact on many economies around the world, including ours, she stressed.