To become a centre of innovation
Tutoring and coaching(business studies, enterprize and economics)
Business planning and guidance
project proposal writing
ACCA level two student
Cambridge certificate of completion (IGCSE business studies and AS.A economics)
To develop entrepreneurial attitude and habit of thrift among the youth. Our ultimate goal is for each participant to successfully launch their own business.
By the end of the project the youth will be able to; Discover their entrepreneurship potential. Save at least 10% of every income they get. Skill in at least in one vocation Profession/Occupation/Passion). Make appropriate career choices
The youth; Becomes Creative and innovative. Saves for investment Makes innovative products in a particular vocation. Becomes responsible leader.
At SEA, we understand that money is important for business success but we believe that people, knowledge, time, innovation and creativity are the engines for sustainable success Our major core value is respect for; People, Knowledge, Time management, Creativity and Innovation
High youth unemployment rate is due to the mismatch between the characteristics of school output and the required labour skills in the job market and business sphere. This is partly due to improper alignment of the formal curriculum with the required skills, inappropriate methods of instruction and slow adjustment to the changing global trends due to the volatile information age.
Business performance in Uganda is also poor and therefore the level of unemployment is high due to among other factors untapped entrepreneurship potential and poor financial management manifested by poor saving culture and ignorance of the existing sources of capital plus lack of a particular skill/vocation to start personal business right from youthful age and absence of career guidance.
According to the International Labor Organization (ILO) definition, Uganda’s measured unemployment[1] rates are relatively low for the region though they have been increasing over time (from 1.9 percent in 2005/06, to 3.6 percent in 2009/10, and recently to 5.1 percent in 2012). At the same time, the characteristics of the unemployed vary widely. Urban youth are more likely to be unemployed (12 percent) than rural youth (3 percent). In addition, female youth are twice as likely to be unemployed compared to male youth. Interestingly, the report notes that unemployment increases with the level of education attained: Unemployment is lower among persons with no education and primary education, and higher among those with secondary education and above. This is not to negate the importance of education—as it is widely known that education is a significant factor in securing good employment over time—however, the more educated are biased towards wage-paying formal jobs, which are harder to find. Indeed, persons with education above the secondary level are more likely to be in wage employment (59.1 percent) compared to those with primary education (18 percent), and their earnings tend to be higher.
These low unemployment statistics may appear counterintuitive given the prevalent concern about youth unemployment in Uganda. The low measured unemployment figures do not necessarily signify a healthy labor market. For instance, a large proportion of youth has given up the search for jobs and is more likely to be discouraged [2] than unemployed, and the official measured unemployment does not capture this. A better alternative would be to consider the NEET (not in employment, education or training) population as a proportion of the youth population. Recent statistics estimate youth NEET figures at about 18 percent in Uganda. Underemployment indicators—such as those identified by the ILO related to time, wage and skills [3]—show that labor potential is heavily underutilized. Young people work in jobs that do not fully utilize their skills and competencies, earn low pay and do not work full time as desired. Hence, focusing on unemployment measures fails to take into consideration the gruesome reality of vulnerable employment—characterized by low pay and job insecurity—in which youth are currently engaged since many cannot afford to be openly unemployed.
This is a program that transforms the youth into real-life entrepreneurs and business owners. Throughout the class, students develop business ideas, write business plans, conduct market research, present their plans to a panel of investors, and then actually launch and run their own legal, fully formed businesses and social movements.
We are therefore seeking to bridge the gap between the characteristics of school output and the requirements of the labour market by encouraging innovation so as the learners adjust to the changing trends in the information age. This will enable the learners discover their entrepreneurship potential through aligning classroom knowledge with acquired skills to meet the changing global trends of this information age.
Trainees Complete with guest speakers from the local entrepreneurs/business community and business trips to local companies. This project-based program approach empowers youth to take charge of their futures in an insightful way. Skills Entrepreneurship Academy is not only a wonderful tool to enable youth discover their entrepreneurship potential, but also a great way to build confident leaders with values. An excellent instrument to unify the business and educational communities. SEA! Continues to fulfill its mission of producing more youth who are entrepreneurs and financially literate.
The Program Runs from January through November. Class will be held at the partner school once every week depending on the number of participants and regular classes will be held in holidays. If you are seeking for personalized training please contact us through our address so that we can arrange for you as per your schedule.
