Application for Youth Entrepreneurship Incubation Initiative

By | June 1, 2023

Youth Entrepreneurship Incubation Initiative Call for applications

The Malawi University of Business and Applied Sciences (MUBAS) in partnership with USAID’s Strengthening Higher Education Access in Malawi Activity (SHEAMA) is inviting applications for their Dream Builder Youth Entrepreneurship Incubation Initiative (DYEII). This is an online entrepreneurship program focusing on the basics of business incubation and acceleration. It covers relevant topics such as business idea generation, marketing, finance management, human resources management, and business proposal development among others.

In addition to the interactive courses, participants have access to helpful tools and templates needed for business management. Throughout the program, a Business Plan Generator guides the participants in the creation of a business plan. The program is self-paced and takes 3 to 5 weeks to complete.

Successful applicants will automatically be given a certificate of completion upon successful completion of the course. MUBAS and USAID’s SHEAMA will award grants not exceeding USD2, 500.00 per successful candidate in order to facilitate business incubation and acceleration. This aims to ensure that upon graduation, students are equipped with skills relevant to both formal and informal employment, including entrepreneurship.

The awardees will be arrived at through the review of the business plans. Participants will submit these for grant consideration upon completing the DYEII’s online course. The business plans should be aligned with the course the applicant is undertaking or recently graduated from (not more than three years).

The Small grant funds cannot be used for:

  • Business activity that is not clearly identified and described.
  • Revolving loan projects.
  • Drug and alcohol business.
  • A business that contravenes environmental protection.
  • Eligibility:
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The call is open to the following two categories:

  • Current and recent graduates from SHEAMA-supported courses (less than three years from the date of graduation).
  • Current and recent graduates from generic (STEM) courses (less than three years from the date of graduation).
  • Passion for entrepreneurship.

How to Apply

  • FILL in the Online application form using the link below  https://docs.google.com/forms/d/e/1FAIpQLSf9DCTklK6pJjYdr5yQgo8mqlA7knMImvidO3nBEAWVzPbP3A/viewform

The deadline for receiving applications is 1st June 2023

For more information Contact Dr Anna Chizengo

Phone: +265 888 52 22 96

Email: achizengo@mubas.ac.mw

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