IU Awards MSMEs Business Mentorship Inaugural Class

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Mentors offer a great deal of support in sharing their wisdom on an ongoing basis. This is important because the mentee is able to engage with someone who has been down that road before them. Inoorero University (IU) through its mentorship program run by the Regional Centre for Enterprise Development (RCED) awarded 23 mentors with certificates to launch their own network to champion the professionalism of business mentorship in the country.

The mentors have been pursuing a six month post graduate course in Micro, Small and Medium Enterprise (MSMEs) Business Mentorship.

The ceremony, which was held at the Hilton hotel on Friday December 16, 2011was graced by Geert Aargard Andersen the Danish Ambassador to Kenya. The embassy has been supportive in funding the project since its inception. Other partners include International Labour Organisation through the Youth Enterprise Fund, Africa Youth Trust, Kenya Private Sector Association, Enablis Entrepreneurial Network, and Kenya Association of Women Business Owners (KAWBO).

The centre’s teaching mode is by providing each participant with an opportunity to identify a mentee who they wish to mentor along during the 6 month training period. They will later graduate to Professional Business Mentorship Network (PBMnet) to mentor 5 entrepreneurs in
the next 12 months.

“The year 2012 will also be a bright year for the project, we expect to train 60 additional mentors via two intakes in January and July and bring the numbers of entrepreneurs enjoying the mentoring service to about 415,” said Professor Henry Thairu Vice Chancellor at IU.

Professor Thairu went further to state that the trained business mentors will generate structured advice and provide technical support on growth opportunities, possibilities of finances among other support services on a regular basis to entrepreneurs more so young entrepreneurs.

The program targets all practicing and aspiring business consultants who wish to create a niche in the MSME sector, individual entrepreneurs with multiple enterprises and in need of mentoring their managers, loan/credit officers wishing to have an in-depth and unique understanding of MSMEs, financial institution relationship officers/managers working with MSMEs, non-governmental organization practitioners working on income generating activities, livelihood and entrepreneurship and individuals wishing to pursue business mentoring as a professional career.

Read also:

  1. Start-ups tread on dangerous ground without mentors
  2. Varsity boosts SME sector with training