BUSINESS, HEADLINE

SEFOPE and partners equip Timorese workers with entrepreneurial training

SEFOPE and partners equip Timorese workers with entrepreneurial training

Image UNDP

DILI, 14 may 2024 (TATOLI) – SEFOPE in Collaboration with IADE and with Support from UNDP and PALM equips Timorese Workers with Entrepreneurial Training.

A total of 64 Timorese workers (36 female, 28 male) completed a 3-day business incubation training program, “Grow Your Business Idea” (GYBI), upon returning from employment opportunities in Australia and the Republic of Korea.

The training Facilitated by the Institute of Entrepreneurship Development (IADE), Started with the GYBI module provided participants with a comprehensive foundation in entrepreneurship. Key topics covered included business ideation, market analysis, and essential skills for business management.

This initiative aligns with the Government’s strategy to support returning Timorese workers in leveraging their acquired skills, knowledge, and financial resources. The program empowers participants to establish and operate their own businesses, strengthening the MSME to grow for fostering economic diversification and private sector growth.

The entrepreneurship program reflects SEFOPE’s commitment to supporting the development of small and medium enterprises (MSMEs). Thriving to transform them into the private sector is vital in driving economic diversification and creating sustainable employment opportunities.

The Entrepreneurship program was made possible through collaboration between SEFOPE, development partners (UNDP and PALM), and funding from KOICA and DFAT. The program’s success paves the way for its integration into SEFOPE’s ongoing initiatives, empowering future generations of Timorese workers returning from overseas employment to contribute to their home country’s economic development.

SEFOPE envisions expanding the Entrepreneurship program to include pre-departure training for Timorese workers venturing abroad, equipping them with a business mindset before undertaking overseas employment. This comprehensive approach maximizes the positive impact of skilled workers returning to Timor-Leste.

 

Journalist: Camilio de Sousa

Editor: Filomeno Martins 

iklan
iklan

Leave a Reply

iklan
error: Content is protected !!