The Ministry of Education and Science in Somaliland in a collaboration with the Premier Bank is organizing an entrepreneurial competition for University students. The competition is intended to encourage and support the talent students that have business plan in their mind, and the winner will be granted $12,000 to start the desired and selected business. The senior/graduating students and the last year graduate students can apply and participate in the competition. The competition will be held in the Ramadan Month and will be broadcasted live on the televisions. There will be a committee consisting of four members who are business experts and have high qualifications in the areas of entrepreneurship and business investments that will be chairing, classifying and finalizing the competition.
Each University will submit two competitors to the committee who will be taking part in the final competition. All students who are eager to take part in the competition should submit their business plan by using the business plan template prepared for the applicants. In order to succeed in the selection process, the applicants have to put more emphasis and effort to meet the selection criteria.
The interested students should submit their business plan with a cover letter to their respective college offices by not later than 4 March 2020.
Please, download the conditions, the selection criteria and the business plan template for the applicants.