IDM Drills Entrepreneurs

IDM University has taken about 30 young entrepreneurs under its wing to help grow their businesses, as part of their aim to develop Small Medium Entrepreneurs (SME) in job creation efforts.

According to IDM country director, Dr Onalenna Kgokgwe, it all started last year during their partnership with the Ministry of Youth Empowerment, Sports and Culture Development where they sponsored the winners of the Youth Business Exposition that was conducted by the ministry.

“Late last year, we partnered with the ministry and offered a weeklong training to top 30 winners to the tune of P120,000. The intention was to provide them with relevant skills that would help in the development as well as sustainability of their businesses,” he said.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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