Kampala 09 September, 2018
As part of efforts to showcase and promote youth innovations in enterprise development and business incubation, the Regional Universities Forum for Capacity Building in Agriculture (RUFORUM) will for the second time recognize twenty (20) young entrepreneurs through the RUFORUM Young African Entrepreneurs 2018 Competition (RUYAEC).
RUFORUM and stakeholders in Agrictural and Higher Education sectors recognize the transformative potential of entrepreneurship in addressing youth unemployment in Africa. As such, empowering and involving young people in enterprise development will stimulate economic growth. Indeed, there are several efforts geared towards incubation of agribusiness and entrepreneurship except that they are accorded less visibility that could easily catalyze the much needed resourcing to facilitate take-off. It is for this reason that RUFORUM has put up the RUYAEC. The selected young entrepreneurs will each receive a recognition award, a cash price award to grow their enterprises and have opportunity to pitch their enterprises innovativeness to a global audience in attendance at the Sixth African Higher Education Week and RUFORUM Biennial Conference scheduled for 22-26 October, 2018 in Nairobi, Kenya. The twenty (20) competitively selected business enterprises will be faciliated with an all-expense paid trip (air ticket, conference registration, and hotel costs) to participate at the Conference..
The first competition which was organised in 2016, attracted a total of 756 applications from 38 countries. The ten (10) most competitive youth enterprises were awarded prizes during the Fifth Africa Higher Education Week and RUFORUM Biennial Conference that was held in Cape Town, South Africa.
The 2018 RUYAEC builds on the previous effort in 2016. The deadline for receipt of applications was 31st August 2018. The competition call was open to a broad range of focus areas including: innovations in agribusiness, ICTs, health, engineering, natural resources, meteorology, urbanization, green economy, and transport, among others. This competition attracted 1332 youth from 46 countries, 42 in Africa.
RUFORUM extends its appreciation to all applicants for responding to the RUFORUM Young African Entrepreneurs 2018 Competition. Please see below the per-country and gender statistics on applications.
Download the Summary of Applications to the RUFORUM Young African Entrepreneurs Competition 2018 by Country and Gender Press Release. Young Innovators 2018_