The School of Entrepreneurship exists to create entrepreneurs because they possess the ability to spur economic growth and improve living standards for all.
We aim to develop 10,000 new entrepreneurs in the next 5 years who are capable of starting sustainable and profitable businesses that create jobs and reduce unemployment.
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South Africa's youth (ages 15–24) is facing one of the worst unemployment crises in modern history:
- The expanded unemployment rate for all youth is 75%
- 3.2 million youths are not in employment, education or training (NEET)
- Among the youth with a matric certificate, the unemployment rate is 55%
- Only 60% of our youth will find a job after getting a degree
Moreover, rising tuition fees, limited space at higher educational institutions, and poor grades leave most youth without the opportunity to advance their skills.
The social and economic costs of unemployment are a heavy burden on our youth and the nation's people. Especially as unemployment robs the economy of useful talent while it gives rise to poverty, poor health and crime.
Unemployment divides our nation in ways which we can't always see but deeply feel at a societal level.
At the School of Entrepreneurship, we recognise that entrepreneurs are at the heartbeat of new job creation. And lower unemployment leads to safer communities with wealthier, healthier and happier people.
Thus, advancing entrepreneurship plays a key role in alleviating the unemployment crisis and uplifting South Africa.
At the School of Entrepreneurship, accomplished entrepreneurs equip South Africa's youth through online training and coaching programmes with the mindset and skills they need to become capable entrepreneurs.