Rwanda has a population of approximately 11.3 million people which is dominated by young people with a median age of 19 years and a population growth rate of 2.6%. The GDP of the economy is 4,685 Billion Rwanda Francs (at constant 2011 prices) with an average growth rate of 7.12% over the last 5 years.
The Entrepreneurship Development is one the strategies used by Human Capital & Institutional Development Department (HCID) to increase business starts-ups and in Rwanda. This is done through training and awareness creation aimed at empowering youth and women with entrepreneurial skills to achieve their dreams.
At RDB we believe that building a young generation of Rwandan entrepreneurs will ultimately lead to vibrant SMEs and also contribute to creating decent jobs and reducing poverty. This program is also aimed at preparing students to start thinking without a box (business, innovation etc).
Overall goal: To build a critical mass of young Rwandan entrepreneurs in the next in the 5 years.
General objective: Seeks to provide existing and potential entrepreneurs with the right skills and knowledge to become competitive players in the local or global market.
• Creating awareness of enterprise and self-employment as a career option for students
• Developing positive attitudes towards innovation, enterprise and self-employment.
• Instilling an entrepreneurial mindset to all Rwandans (young & old, male & female)
• To provide Rwandans with entrepreneurial skills to help them run and manage their income generating activities and job creation.
• To encourage new start-ups and support all unique aspects of entrepreneurship.
• Development of competences necessary to a dynamic entrepreneur, critical thinking, decision-making and accountability among others
RDB administers this program across the country with much emphasis put on Youth and Women that are out of school.