UNDP, UNCTAD in partnership with Ooredoo Myanmar and Impact Hub Yangon promoted entrepreneurship and business skills by Empretec in Yangon.
The winners, runners-up, mentors and facilitators from the recent Hackathon 2018 organized by UNDP with Ooredoo Myanmar and Impact Hub, entrepreneurs and businesswomen were among the first graduates of the UNCTAD’s flagship entrepreneurship training organized in Yangon from 15-20 December 2018 with UNDP, and in partnership with Ooredoo Myanmar.
IHY team members joined this 6-days entrepreneurship training program which started on Saturday 15th December 2018. The program targets how to identify entrepreneurial potential, how to develop those competencies and identify new business opportunities.
Participants formed teams as co-founders and partners of their agreed business. They had to ‘register’ their company with the trainers, design their business model, and develop and market their product – all within 5 days!
The six-day training was offered under UNCTAD’s Empretec programme which began in 1988 and has trained more than 440,000 people in 40 countries and is the second collaboration between UNDP and Ooredoo following the signing the Memorandum of Understanding between the two organizations in November 2018.
The training is part of a bigger UNDP initiative to promote sustainable and inclusive growth in Myanmar through entrepreneurship promotion, employment creation and social impact investing for women and youth. UNDP is partnering with UNCTAD to pilot the Empretec training approach in Myanmar and assess its applicability in the country.
The Empretec graduates committed to working closely with UNDP to strengthen private sector networks, experience sharing and mentoring.