Corporate News
University sets target of training job creators
Inoorero University in Nairobi runs a programme to equip students with business knowledge. Photo/FILE
Posted Wednesday, June 16 2010 at 00:00
Success story so far is two students who are running successful businesses as they study.
One of them has a chicken rearing business, with over 2,000 chickens while the other is teaching groups on rabbit breeding.
Incubation centres
“We have given her one of our rooms in the university where she can train her clients,” says the VC.
The university is building a campus on a 50-acre plot, which will reflect its enterprise philosophy.
Lecture theatres will have business incubation centres where students can operate their start-ups while still in school.
At the incubation centres, they will have office equipment and access to free business and financial advice.
Reports show that investors who make use of incubators have higher chances of starting ventures that withstand the storm that has been sweeping new operations.
What is the cost students bear to benefit from the advice and training? A two-year ICT degree costs Sh67,000, which the institution says is at par with other trainers.
Inoorero has initiated two funds to promote student enterprise.
The innovation fund, financed by the university aims to reward students who demonstrate innovation power through a competitive process.
The venture capital fund aims to connect good ideas to venture capitalists, with investors either seeking a stake in the ventures or a fair interest return on their investment.
Inoorero University began as the Kenya School of Professional Studies in 1983.
Prof Thairu says every graduate should ask: “How can I create a job?”
AFRICAN LAUGHTER




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