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May 26, 2008
Training and Mentoring Program for Women-Led Businesses in Africa
Waya Quiviger, Director of Special Projects, Social Impact Management
IE Business School is pleased to announce a new “Training and Mentoring Program for Women-Led Business”, as developed by Femmes Africa Solidarité (FAS) together with the Center for Diversity in Global Management and the Department of Entrepreneurial Management at the IE . Femmes Africa Solidarité (FAS) is an African NGO working to foster peace in Africa. Since its inception in 1996, FAS has striven to strengthen and promote the leading role of women in the prevention, management and resolution of conflicts on the African continent.
This Training and Mentoring Program is generously sponsored by the Government of Spain (AECI). Its aim is to assist 25 entrepreneurial women who have established business enterprises with strong growth potential in Liberia, DRC, Rwanda, Senegal, Mozambique and South Africa. Once identified, these 25 female entrepreneurs are paired up with one or two volunteer International MBA students who, over the course of the summer, will 1) meet them in person in Madrid during the women’s on-site training; 2) visit them for 2 to 4 weeks in their respective countries and give them personal assistance for their business locally; 3) continue their business consulting over email. Of the 25 candidates, 10 will be selected after the summer to present their business plan to a panel of investors in Geneva in October. Some IMBA students will have the opportunity to accompany their business mentee to Geneva.
The FAS Training and Mentoring Program for Women-Led Business is an excellent opportunity for IMBA students to provide hands-on assistance to high potential African female entrepreneurs and to also greatly learn from them and from their rich experience. This program can only be mutually beneficial for all involved parties. Furthermore, IE is keen to encourage and support women in Africa as they are the key to economic development in poorer areas and the establishment of peaceful communities. It is our hope to make this partnership an annual endeavor that will positively affect many African women entrepreneurs and give the International MBA students an unforgettable opportunity to contribute and make an impact.
Posted on 26 May 2008 in Development, Social Entrepreneurship
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