- The Kenya News Agency
CS Mucheru Challenges Universities to Establish Business Hubs (Kenya)
ICT, Innovation and Youth Affairs Cabinet Secretary Joe Mucheru has called on both Public and Private Universities in the country to establish business incubation hubs to nurture entrepreneurial ideas among ordinary citizens. Mucheru has also challenged institutions of higher learning to shift focus on preparing graduates to take up roles in entrepreneurship rather than job seekers in an environment where graduates were finding it hard to secure jobs. He observed that while the few Universities in Kenya that had business incubation centres were limiting the training and mentorship to their own students, most institutions of higher learning were focusing on theory only, leaving students with no skills for enterprise. Speaking at Kabarak University’s Main Campus in Rongai Sub-County when he inaugurated the institution’s 11th International Research Conference, the Cabinet Secretary said if all institutions of higher learning provided launching pads for budding entrepreneurs, the current 40 per cent unemployment level in the country could be halved. While delivering a keynote address during the conference themed ‘Digital Economy in Africa and Innovative Opportunities for the Youth amidst Emerging Economic Challenges’, the Cabinet Secretary indicated that admitting non-students to the business Incubation Centres was viable due to the high number of potential entrepreneurs whose ideas ended up wasted for lack of nurturing opportunities and funding. He was accompanied by the University Chancellor who is also Baringo Senator Gideon Moi, Vice Chancellor Professor Henry Kiplagat and Dean School of Business and Economics Dr Patrick Kibati in the event that was also moderated via Zoom by Dr Nehemiah Kiprop. “Cultivating business ideas among youths early holds the key to lifting the country’s economy to a higher pedestal, and could provide a solution to the ever-rising cases of unemployment. The business incubation hubs should have adequate capacity to empower students to be self-employed upon graduation, thereby reducing pressure on the ever-thinning employment space. “Centres for nurturing entrepreneurial ideas among learning institutions could help the country break the unemployment stalemate. The government has been consistently instituting sound policies geared towards encouraging more of these centres,” Mucheru pointed out.
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