Understanding the Role and Need for a Business Incubator in Zambia for Ambitious.Africa
Airisniemi, Auri (2023)
2023
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023051210519
https://urn.fi/URN:NBN:fi:amk-2023051210519
Tiivistelmä
Ambitious.Africa is a new youth led organization that strives to connect the African countries with Finland through their “3 E” focus – Entertainment, Entrepreneurship and Education. The organization was founded in 2020 and has since built teams of Nordic and country locals who collaborate on project that would benefit local communities. Ambitious.Africa constructed its own incubator which would complement third level education by using a mix-ture of a peer-to-peer work environment as well as receiving guidance from leading persons of interest in the industry.
The question posed for this thesis is to find the need for such an incubator and how to pro-vide more quality for its attendees. The aim is to understand how important incubators are in growing economies. There will be a focus on three main areas: the thesis initially explores the education in sub-Saharan Africa and how neighbour Zimbabwe succeeded in creating a synergy that compliments economic growth. Following that, there is a short chapter on the legitimization of businesses which includes a list of appropriate governing bodies within Zambia. Finally, there is an analysis of incubators and their role in education systems.
The data collection method chosen was a series of interviews with a student, an entrepre-neur, and a businessman. Each interview was conducted in a way as to better ascertain the usefulness of incubators in Zambia. This method allows the interviewee to provide ample information about informal business culture within the country. The conclusion derived from this work affirms the need for incubators as a support for many new businesses to develop. The author supports these findings and urges Ambitious.Africa to continue providing their incubator.
The question posed for this thesis is to find the need for such an incubator and how to pro-vide more quality for its attendees. The aim is to understand how important incubators are in growing economies. There will be a focus on three main areas: the thesis initially explores the education in sub-Saharan Africa and how neighbour Zimbabwe succeeded in creating a synergy that compliments economic growth. Following that, there is a short chapter on the legitimization of businesses which includes a list of appropriate governing bodies within Zambia. Finally, there is an analysis of incubators and their role in education systems.
The data collection method chosen was a series of interviews with a student, an entrepre-neur, and a businessman. Each interview was conducted in a way as to better ascertain the usefulness of incubators in Zambia. This method allows the interviewee to provide ample information about informal business culture within the country. The conclusion derived from this work affirms the need for incubators as a support for many new businesses to develop. The author supports these findings and urges Ambitious.Africa to continue providing their incubator.