Raising money for the design and build of an Enterprise Hub for unemployed youth in Maseru, Lesotho.
Nearly 40% of the population are youth (age 15-30), living below the poverty line and unable to find work?
The Enterprise Hub will tackle this desperate situation by creating jobs and local goods and services that will feed money back into the community.
The purpose-built facility will house up to 100 young entrepreneurs at a time, with a focus on the creative, artisan, design and built sectors. It will include workshop spaces, a tool library, a sample library, a marketplace, referral system, fully functional shared office space, business and technical coaching and support services. Plans will be available here soon.
It will also be a supportive environment that promotes networking, innovative thinking, creativity and design, as well as promoting ethical business practices. The Hub will also be built by local talent as part of our fellowship program, where recent graduates learn vital skills through socially impactful community design and build projects
1. Architects put their name to one of our building blocks, and agree to have a networking meeting with one of the supporting suppliers (similar to a lunch and learn) AND mentor one of the first 50 entrepreneurs that will be chosen to become a member of the Hub when it opens (circa November 2020). A commitment of just 4 hours a month for 6 months, will consolidate the youth’s learning and set them on the right track, inspiring them as they start their entrepreneurial journey.
2. Suppliers invest just $2,000 to sponsor the building block of their chosen architect. They can then enjoy a productive one-on-one networking meeting with them and know they have contributed to the future of the youth in Africa whilst delivering an impressive ROI to their business!
Who you help? Why focus on entrepreneurs from the design and built sector?
The design and built sector is important throughout the African continent because as the population grows, so does the need for more infrastructure development become more crucial. It also creates a lot of jobs for both skilled and unskilled labour thus offering a good solution to the high levels of unemployment and it’s also overtaking many other sectors in terms of it’s contribution to the GDP. Moreover, since Lesotho is a land locked country most items and expertise are imported from South Africa. This means escalating costs and a shrinking economy. The rapidly growing population face scorching hot summers and extremely cold winters and 70% of them are unable to afford even the cheapest house a contractor will build. By improving the business skills and assisting entrepreneurs in this sector, it will feed the local economy and create jobs. They are also acquiring skills that can be taught and passed on to other members of the community.
How will we choose the entrepreneurs can use the Hub?
We will offer membership of the Hub to aspiring entrepreneurs who are unemployed and recent graduates from schools, polytechnics and universities in Lesotho. Priority will be given to youth aged 18-25 with an entrepreneurial spirit which will be assessed based on any initiatives they have set up or participated in, as well as interviews and reference checks.
Will membership last forever?
Membership will be for one year to allow others to benefit from the Hub’s services and it will be reviewed and monitored on a quarterly basis.
Will we build more Enterprise Hubs?
Yes, we hope that this pilot project will become a template for additional Hubs to be constructed country-wide and ultimately across the African continent.