UNDP, UNCTAD in partnership with Ooredoo Myanmar promotes entrepreneurship and business skills in Yangon

December 24, 2018

Yangon - University students, who were the winners and runners-up from the recent Hackathon 2018 organized by UNDP with Ooredoo Myanmar and Impact Hub, entrepreneurs and businesswomen were among the first graduates of the UNCTAD’s flagship entrepreneurship training organized in Yangon from 15-20 December 2018 with UNDP, and in partnership with Ooredoo Myanmar.

The six-day training was offered under UNCTAD’s Empretec programme which began in 1988 and has trained more than 440,000 people in 40 countries and is the second collaboration between UNDP and Ooredoo following the signing the Memorandum of Understanding between the two organizations in November 2018.

At the opening of the workshop on 15 December, UNDP’s Biplove Choudhary, Chief of Unit, Sustainable and Inclusive Growth Unit said, ‘UNDP is fully committed in supporting Myanmar in establishing a stable and strong private sector. It will continue to explore innovative approaches to developing and supporting entrepreneurs especially in the MSME sector as these are essential components for any rising economy.’

Ms. Honey Mya Win, one of the workshop participants said that the workshop provided her with ‘life-changing lessons for my entrepreneurial journey.’  ‘I have to develop our app within a year. I only had the idea but I didn’t know how to start. This workshop has helped me know where I need to start and how I should initiate our business. It was really helpful for me” added Ms. Khine Lwin Myint, a member of the Hackathon’s winning team under the Women’s Empowerment category.

The training is part of a bigger UNDP initiative to promote sustainable and inclusive growth in Myanmar through entrepreneurship promotion, employment creation and social impact investing for women and youth. UNDP is partnering with UNCTAD to pilot the Empretec training approach in Myanmar  and assess its applicability in the country.

The Empretec graduates committed to work closely with UNDP to strengthen private sector networks, experience sharing and mentoring.

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