Due Date: May 15,2019
Applications are open for the Mastercard Foundation/FAWE Scholars Entrepreneurship Fund 2019 for Tertiary Scholars and Alumni. The SEF concentrates on supporting creative and innovative Scholars’ business principles to permit them skillfully and positively contribute to socio-economic development of their communities/countries.
Scholars Entrepreneurship Fund (SEF) was established by the Mastercard Structure in action to Scholars’ and partner companies’ request scholars/community earnings enhancement. SEF includes Scholars in all treatments differing from design, execution and follow-up with the goal of altering not simply the personal Scholars nevertheless also the area at huge. The recommended jobs are prepared for to continue beyond the funding phase and as such, advancement will be reported to FAWE on a quarterly basis for a period of not less than 5 years or as will be recognized by FAWE.
The funding period varies from March 2019 to March 2021 with possible funding for any single job differing from a minimum of USD 500 to an optimum of USD 5,000
A job lead who ought to:.
Be a FAWE Mastercard Structure constant Scholar at the University of Rwanda or INES-Ruhengeri.
Be a Mastercard Structure Scholars Program Alumni.
Have a business idea/project to be carried out in Rwanda.
Send out simply one business idea/project per round.
Efficiency and usefulness– possible outcomes, success and socio-economic impact.
Potential to respond to community/market requirements– essential market analysis/research of the concern to be dealt with by the job, boosted earnings (revenues, jobs).
Costing and investing strategy of the proposed job– cost-effectiveness, make the most of, useful budget with an advancement technique.
Creativity and innovativeness– source of funds, balance in between academics and job.
Experience in the area of interest (self or coach) i.e. if technical proficiency is needed to perform a job;(**************)
Potential for development and/scalability.
Potential for job production.
Compliance– pleases ethical requirements and Rwanda’s federal government regulative structures.
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For extra details, go to FAWE Scholars Entrepreneurship Fund.