UNDP Celebrates Ethiopian Entrepreneurs Through New Award
Mar 5, 2015
Ethiopian Prime Minister Hailemariam Desalegn opening the 2015 UNDP Entrepreneurship AwardThe 2015 UNDP Entrepreneurship Award presented over $61,000 to seven winning Ethiopian Entrepreneurs and two runners up during a ceremony held at Sheraton Addis in the presence of His Excellency Prime Minister Hailemariam Desalegn. The award recognized outstanding and innovative entrepreneurs with a special focus on their sustainability, contribution to creating new jobs and positive impact on the community.
Opening the award ceremony, Prime Minister Hailemariam Desalegn highlighted the need to increase employment opportunities in Ethiopia given the increasing number of graduates coming into the job market each year. “Our government has given emphasis to develop micro and small enterprises as they are the most viable means to create new employment opportunities and stimulate economic growth.”
The 2015 Entrepreneurship Award recognized entrepreneurs in seven categories that included Entrepreneur of the year, Environmental Sustainability Entrepreneur, Small and Medium Enterprise (SME) Entrepreneur, Young Female Entrepreneur, Young Male entrepreneur, Rural Entrepreneur and Entrepreneurship Development Center (EDC) Start Up entrepreneur. While reviewing over 60 applications from around the country, judges rigorously examined the creativity and innovation of the business, read through the business plan, and evaluated the implementation on the ground and the positive socio-economic impact that it was starting to have. Judges were drawn from Addis Ababa University, Unity University, Ministry of Finance and Economic Development, ICEAddis, Embassy of Canada, Japan International Cooperation Agency, Federal Micro and Small Enterprise Development Agency (FeMSEDA), Ethiopia Chamber of Commerce, and UNDP Ethiopia's Goodwill Ambassador for Entrepreneurship Ms. Bethlehem Tilahun who is the founder and managing director of SoleRebels. Partnering UNDP to recognize these entrepreneurs by providing financial support for the winners