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Graduating Business Mentors Ready to Support Ethiopian Startups

The Center for African Leadership Studies (CALS) and xHub Addis will graduate Ethiopia's first cohort of business mentors for entrepreneurs and business leaders via a virtual ceremony. You can log in to watch the virtual graduation on Friday 2 October, 2020 at 10h00 (EAT). The Mentorship Development Program, the first of its kind in the country, is being implemented in partnership with the Mastercard Foundation's Young Africa Works and the FDRE Jobs Creation Commission. Young Africa Works in Ethiopia is the Mastercard Foundation's strategy to enable 30 million young people, particularly young women, across Africa to access dignified work. "With their boldness and ingenuity, young entrepreneurs can be an engine for creating work, opportunities, and widespread prosperity...," said Alemayehu Konde Koira, Mastercard Foundation's Country Head, Ethiopia. Read more

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The Mentorship Development Program, implemented in partnership with the Mastercard Foundation’s Young Africa Works and the FDRE Jobs Creation Commission, kicked off in May 2020, aims to train 90 mentors over 12 months and provide support to 20 promising start-ups.

Mentors graduating from the Center for African Leadership Studies (CALS) and xHub Addis Mentorship Development Program will focus on providing comprehensive support to start-ups nationwide, including business plan development and technical support; creation of promotional materials; networking, physical space for incubation, and seed funding to start-up and maintain. The mentor program is supported by a partnership between FDRE Jobs Creation Commission & the Mastercard Foundation.

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