U.S. Embassy Partners with Entrepreneurship Development Center to Promote Entrepreneurship in Ethiopia


Source: U.S. Embassy Addis Ababa, Ethiopia


ADDIS ABABA, Ethiopia, May 18, 2017/APO/ —

The U.S. Embassy Addis Ababa and The Entrepreneurship Development Center (EDC) are pleased to announce the launch earlier this month of a Mentorship Program to help further foster entrepreneurship development in Ethiopia. The program connects successful Ethiopian aspiring entrepreneurs with experienced mentors. These mentors, entrepreneurs themselves, provide coaching and technical assistance on specific problems identified by their mentees, in order to help them grow their business and become competitive in the marketplace.

A total of fourteen companies seeking technical assistance were selected for the program on a competitive basis. The companies come from a variety of sectors including manufacturing, agro processing, construction, and service. Six seasoned entrepreneurs volunteered their valuable time to serve as mentors.  Based on the identified needs of the mentees and their own area of interest, the mentors each selected one or more companies to support.

Over the next six months, the entrepreneurs and mentors will work together, identifying specific areas for improvement and establishing targets to measure progress.

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