GIS - 14 August, 2014: A certificate award ceremony was held yesterday at the Small and Medium Enterprises Development Authority (SMEDA) in Coromandel following the holding of the Entrepreneurship Training Workshop (ETW), an internationally acclaimed workshop, jointly developed by the Harvard University and the United Nations Conference on Trade and Development through intensive research. About 20 existing and potential entrepreneurs participated in this six-day training organised by the SMEDA and Empretec Mauritius.
The ceremony was attended by the Minister of Business, Enterprise and Cooperatives, Mr Jangbahadoorsing Seetaram, in the presence of the Managing Director of the SMEDA, Mrs Indranee Seebun, and the Chief Executive Officer of Empretec Mauritius.
The ETW is an entrepreneurial capacity-building programme that provides entrepreneurship training and technical assistance for the promotion and development of SMEs. It aims at fostering individual entrepreneurial capabilities, institutional capacity building at the country level, and encouraging employment-creating investment and linkages among large and small enterprises. The workshop aims at helping entrepreneurs to put their idea into action, bring an attitudinal change and build their personal entrepreneurial skills. It also gives participants the possibility to lab test their Personal Entrepreneurial Competencies and improve on them.
The Empretec methodology used during the workshop is based on the concept of entrepreneurship from a psychological point of view and a behavioural approach to entrepreneurship. Research undertaken demonstrates that there are a series of key entrepreneurial competencies and behaviours associated with successful entrepreneurs. These can be strengthened in individuals by appropriate exposure and training through learning by doing and personal self-transformation of entrepreneurs.
In his address, Mr Seetaram said that the ETW is one of the best in the entrepreneurship sector, and that it is in line with Government’s vision to make Mauritius a society of entrepreneurs. He pointed out that entrepreneurs need constant training and hence the need for entrepreneurship education to be boosted.
The Minister underlined the need to provide the youth with opportunities to develop entrepreneurial skills at a very young age. In that context, he recalled that entrepreneurship studies have been introduced in colleges. At the level of the Ministry of Business, Enterprise and Cooperatives, the SMEDA as well as the National Institute for Cooperative Entrepreneurship offer constant training to SMEs and cooperatives respectively, he said.
The Spirit and Impact of ETW
Essential and unique among numerous SME support programmes, ETW is a "transformational experience". It provides tools to fulfill one's goals and dreams through personal transformation and approach to business from a new perspective and improved business behaviours. It also offers practical tools on how to improve entrepreneurial competencies such as: goal setting, systematic planning and monitoring, business plans, information seeking, seizing opportunities and risk taking.
At least 300 000 Empretecos (people having undergone ETW training) have been trained worldwide by the 38 Empretec Centres. In Mauritius some 24 training sessions have been organised since 2000. Previous participants include business high flyers and women entrepreneurs of the year.
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