Sustainable (socio-economic) development

Fostering entrepreneurship in developing countries

Youth unemployment continues to be one of the most pressing social issues of our time. In 2015 an unprecedented exodus was witnessed of young people from Africa and the Middle East, who risk their lives in perilous voyages, in search for a better future. An estimated 202 million people were unemployed in 2013 around the world. Development of entrepreneurship is paramount to improve lives of millions of people around the world.

Since 2005, CIS-VU is collaborating through education and research with the Amsterdam Centre for Entrepreneurship and researchers from VU Faculty of Economics FEWEB to enhance business in East and Central Africa and Asia.

Two university projects in Tanzania have focused on mainstreaming entrepreneurship in the educational programme., The development of Entrepreneurship Centers and a framework for business alignment resulted in strategic partnerships with the private sector. This was accomplished with support from the University of Pretoria and the University of Cape Town in South Africa, through the network of SAVUSA. Teaching skills at both universities have been improved through experts of the VU Faculty of Psychology and Education.

In Zambia - through the Nuffic funded HEART project - CIS-VU collaborates with the Copperbelt University (CBU) in developing and providing quality and relevant education programmes, practical research and consultancy, contributing to national human resource and economic development.

In Bhutan CIS-VU provided training on business development, strategic financial and investment analysis and entrepreneurship. The aim was to increase entrepreneurial capacity to diversify business development in new sectors, leading to employment creation and making Bhutan less dependent on donor aid and support.

Expanding opportunities for postgraduate studies, both for international students and VU students were a result of the ACE collaboration with CIS-VU.

Recently, Moi University in Kenya has requested CIS-VU and ACE assistance in setting up an Entrepreneurship Centre.