Makerere University Business School (MUBS) said all students studying entrepreneurship are required to start a business or service when enrolling in the course in their first year.
Speaking at the inaugural student exhibition on Friday at the Makerere University Business School campus in Nakawa, Kampala, Dr Edith Mwesa Basalilwa, Dean of the Faculty of Entrepreneurship and Small Business, said the program was launched in 2002. They said they have been struggling ever since. Learn how to make your program useful.
He noted that parents complained about the cost because they could barely afford tuition, but when the program was launched last year, students appreciated the value of starting a business while in school.
“Currently, all entrepreneurship students are required to start a business when they enroll in the program. So we teach them hands-on how to start a business and look for funding, so they can I believe in working on business instead of looking for funding ‘for work,’ she said.
She added that she has partnered with the Uganda Registration Services Board (URSB) to teach students how to register their companies and ensure their survival.
According to Ms. Remy Kirunda Namutangula, Manager of Innovation and Incubation Activities at MUBS Incubation Center, this is the kind of hotbed of business ideas that students are looking for so that they can learn the practical elements of business upon graduation. .
“We continue to turn students away year after year. Our role is to develop entrepreneurs from ideation to investor acceptance. If you need a startup kit to make you sustainable We will continue to have minimal interaction with students, but we will ensure that there is a direct connection between faculty and mentors,” she said.
She said that once students enroll in the incubator, they will be able to work with institutions such as the Uganda Industrial Research Institute to improve their products, and also team up with entrepreneurs and experts such as procurement graduates and university graduates. explained. You can hire people who have worked in computer research or advertising, and instead of having just one branch or store, you can set up branches of other companies all over the country wherever their services or products are needed. We can also advise you on how to open one.