SOCIAL TECHNOPRENEURSHIP EDUCATION
Historically, huge amount of resources have been allocated to higher education students (in both graduate and undergraduate programmes) to educate them about entrepreneurship and prepare them for entrepreneurship. However, as a result of certain life circumstances, there are millions of people worldwide who do not have access to similar opportunities or privileges.
Social Technopreneurship exists to close that gap. Our entrepreneurship education programmes target three groups of community: (1) Secondary school students; (2) vulnerable, unemployed or inactive individuals (potential entrepreneurs); and (3) informal or micro- and small enterprise owners (practising entrepreneurs).
SECONDARY SCHOOL STUDENTS
In classrooms worldwide, entrepreneurship education should play a prominent role in preparing students for the workforce and becoming responsible citizens capable of making sound decisions that will benefit their personal and professional lives.
Ultimately, all students will participate in an economic system. Hence they need to be literate in business and entrepreneurism to be successful. Education for and about entrepreneurship offers students the opportunity to acquire knowledge and skills needed to succeed in business and in life.
Entrepreneurship courses are an ideal academic complement to general education courses. An entrepreneurship education curriculum encompasses business topics and other academic skills such as reading, writing, math, and creative problem solving. Course material taught in a real-world context enhances learning, application, and retention.
Within a diverse entrepreneurial environment, the benefits of entrepreneurship education are evident in the demonstration of interpersonal, teamwork, technology, communication, and leadership skills. Students with these skills are prepared to adapt to an ever-changing workplace.
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VULNERABLE, UNEMPLOYED OR INACTIVE INDIVIDUALS
Governments’ involvement with this target population is most commonly characterised by direct funding, or enabling other social welfare organisations to offer financial assistance. In such instances, the public good is mostly tied to programme objectives like empowering individuals to gain employment, thereby reducing poverty and enhancing equity.
Yet the global landscape of work and employment has changed so much that it is no longer sufficient nor effective to adopt an old mindset or way of doing things (e.g. using taxation to support vulnerable individuals or fostering wage employment) and expect the strategy to be a silver-bullet solution to an increasingly complex business and economic environment.
There needs to be a new model of workforce and economic development that can be extended to include self-employment and entrepreneurial activities based on individuals’ inclination, exposure and calling. Fundamentally, we need a hybrid of pioneering individuals and startups to take ownership of addressing societal and environmental challenges using business methods and technological advancements.
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INFORMAL OR MICRO- AND SMALL ENTERPRISE OWNERS (MSEs)
People who are informal or micro- and small enterprise owners may already possess basic entrepreneurship skills to run their own small business. Considering their experience and position within society, they are best placed to acquire advanced entrepreneurship skills that are essential to grow their business from a self-sustenance stage to creating employment for others and contributing to the wider economy.
While their entrepreneurial capability can be specific to a particular discipline or context, and will vary in scope and degree between different disciplines and business requirements, entrepreneurial effectiveness is likely to be achieved with continuous active experimentation, increased self-efficacy, and the ability to connect the dots to innovate and offer creative solutions to challenging and complex problems.
One-to-one support such as coaching or mentoring can be highly effective in providing support to practising entrepreneurs and helping them to respond to emerging needs. Relevance can also be enhanced when support is centred on the needs of each entrepreneur or business venture, thus increasing entrepreneurial performance and outcomes.
Learn more about Entrepreneurship Training for MSEs Owners >