Keneth Twesigye, a Computer Science student at UTAMU has been chosen to take part in the Tony Elumelu Entrepreneurship Programme (TEEP) 2016 competition.
Entrepreneurs, with an average age range of 21-40, from 51 African countries are expected to complete training and receive $5,000 (17 Million UGX) in seed capital for their start-up businesses.
The Tony Elumelu Foundation (TEF) launched the Tony Elumelu Entrepreneurship Programme (TEEP) in 2015, an African philanthropic initiative devoted to entrepreneurship. It represents a 10-year, $100 million commitment, to identify and empower 10,000 African entrepreneurs, create a million jobs and add $10 billion in revenues to Africa’s economy.
A student at UTAMU has been chosen to take part in the Tony Elumelu Entrepreneurship Programme (TEEP) 2016 competition
This year, Keneth’s consulting business idea was chosen among thousands of ideas submitted by 45,000 people that had submitted their applications.
“I can’t explain the baffling decisions made by the selecting committee while sorting the thousands of submissions by the other entrepreneurs. I am still amazed by how my particular business idea managed to keep ranked highly throughout all the four selection stages of the competition,” says Keneth.
“Choosing me among the other 999 African 2016 entrepreneurs is pretty much the best I could hope for.”
This year Keneth will uplift the UTAMU banner high as he competes with other entrepreneurs.
Speaking to our writer, he hailed UTAMU for equipping him with technical skills and business knowledge which attributes have taken him far in his entrepreneurial journey.
His consulting idea is a collaborative working environment, envisioning youth business and technology capacity development. It starts with nurturing youths’ relevant business and technical skills. “We bridge the lagging gaps of incubation, networking, client management and training needed by our creative and innovative teams,” says Keneth.
This year over 45,000 entrepreneurs from 54 African countries applied, more than doubling the number of applications received in 2015. Successful candidates represent diverse industries, led by agriculture, ICT and fashion. The highest numbers of applicants came from Nigeria, Kenya, Ghana, Uganda and Cameroon. All five regions – North, East, Southern, Central and West Africa are represented.
Keneth Twesigye, who is one of the proprietors of Fortune Spices Canteen at UTAMU believes that Business and Technology are a perfect match for students to soar beyond horizons. He further appreciates UTAMU for empowering students with skills to be innovative and not to just sit back and wait to get jobs.