Entrepreneurship and Economic Empowerment
Economic empowerment is on YASI agenda to help young people to raise incomes and standards of living to redress the inequalities within the Ugandan society where the majority youth are poor. This program includes skills development and talent promotion, management and socio-economic development. It is a comprehensive program that shall include; Apprenticeship, virtue enterprise for acquisition of the required experience and mobilization of financial and logistical support for business starters.
Having recognized the centre stage role of economy in boosting growth and development, YASI embarked on Entrepreneurship which is the act of undertaking innovations, finance and business acumen in an effort to transform innovations into economic goods and or services. It involves planning, exploration of the opportunities in the market place and arranging resources required to exploit these opportunities for long term gain. It leads to emergency of new organizations or revitalizing mature organizations in response to a perceived opportunity, which earns it the position of an integral player in the business world. Enterprising is of super importance for accelerating economic growth of any country as it promotes capital formation and creates wealth in the country thereby reducing unemployment and poverty levels, and indeed a pathway to prosperity.
YASI exists to support and build young people with entrepreneurial skills and promotion of other forms of entrepreneurial mind-set that result into entrepreneurial initiatives such as social entrepreneurship, knowledge entrepreneurship and political entrepreneurship among others. It is largely responsible for the dynamism of industries and long-run economic growth which comes along with increased job opportunities for young people.