Joint Efforts To Celebrate The Global Entrepreneurship Week And The Global Money Week
Photo Credit: Department of Entrepreneurship and Industry
The Department of Entrepreneurship and Industry, the Enterprise Seychelles Agency and the UN Youth Seychelles organized a workshop to commemorate Global Entrepreneurship Week and Global Money Week on November 23, 2020.
24 Nov 2020

The Department of Entrepreneurship and Industry (DEI) and the Enterprise Seychelles Agency (ESA) conducted two interactive presentations for a group of Secondary and Post-Secondary students.  The aim of the presentations was to explain to students the concepts and importance of entrepreneurship and business management, while also sensitizing them about DEI and ESA.

In DEI’s presentation, Principal Policy Analyst, Ms. Fadette Khan, encouraged the students to use their smartphones to interact and display their answers on screen. The presentation emphasized on the need for students to learn, earn and save as per the Global Money Week’s moto as well as, become aware of the basic financial management skills, which can be acquired by learning at school. This coupled with entrepreneurial values adds immense value to any entrepreneur when making financial decisions. Furthermore, the students were apprised of numerous concepts, such as ‘Entrepreneurship’, ‘Intrapreneurship’ and the characteristics of an entrepreneur. To further enhance their understanding of the concepts, the students were given real life examples of renowned entrepreneurs and intrapreneurs to solidify that age should not be barrier for those wanting to start an entrepreneurial venture and that numerous successful businesses today started out small, and that with entrepreneurial values they expanded.

Additionally, the presentation also enlightened the students on the mandate and functions of the DEI, and its three agencies; The Enterprise Seychelles Agency (ESA), the Seychelles Bureau of Standards (SBS) and the Industrial Estates Authorities (IEA). The students were also apprised about the numerous policies in place and the upcoming Seychelles Made Brand of which the students were much interested.

ESA’s presentation, on the other hand, presented by Mr. Eric D’Souza provided an overview of their transition from SIDEC and SEnPA, the services and assistance they offer, and their vision for a future of digital transformation for MSMEs in Seychelles.

To conclude the workshop, numerous students felt they would want to open their own venture in the future, an outcome that was very much welcomed by the Principal Secretary Angelique Antat. As such, the students were encouraged to seek guidance from ESA in the future when opting for their own venture.

The Global Entrepreneurship Week (GEW) is the largest and most visible one-week campaign affiliated with entrepreneurship, which occurs annually every November. It is celebrated amongst more than 170 countries with approximately 10 million people across the globe. It is a celebration of the innovators and job creators, who launch their startups by bringing ideas to life in order to drive economic growth and increase human welfare. GEW inspires people everywhere through dedicated activities designed to help them explore their potential as self-starters and innovators.

The UN Youth is a youth-led non-profit NGO that focuses on the promotion of Sustainable Development Goals (SDGs) and aims to inspire pre-emptive actions towards achieving the same in Seychelles. The Global Money Week (GMW) on the other hand, is an annual international awareness campaign which aims to instill money management, sustainable livelihoods and entrepreneurship among children and youth. For this year, the third edition of the GMW, the theme for the Global Money Week is “Learn. Earn. Save.” Starting in 2012, the Campaign has reached over 40 million children and youth 175 countries worldwide.

Angelique Antat

Principal Secretary

For over 11 years, I was employed with the Ministry of Finance dealing with International and Legal tax Issues in the Policy and Strategy Division… More