A bike delivery service, a sustainable pig farm, and a fish farm supporting women food vendors – these may sound like typical businesses …but these are businesses created by young entrepreneurs from the Aiducation program who are setting a new standard of what a young person can accomplish in a developing country. In our hot-off-the-press we highlight the impact of the Swiss Re Start-up Academies and showcase three businesses that have been funded by the Start-up Fund.
Supporting entrepreneurship aligns well with the found principles of Aiducation International – to support young students who will then change their communities for the better. With an Aiducaiton scholarship, our AiduFellows can finish high school and they have greatly improved prospects to find a job, attend university and help their communities. In order to support our Aiducation Alumni with their ideas for their own future and the future of their country, we host both Mentorship and Start-up Academies. Together with external mentors and Aiducation professionals, our AiduFellows and Alumni spend one week elaborating business ideas for a sustainable society. The business ideas are creative, unique and inspiring! After the Entrepreneurship Academy is complete, our provides financial philanthropic investments for our young entrepreneurs to build their social impact business.
Since our first Swiss Re Start-up Academy in 2014, 38 unique start-up ideas have been presented at our Academies. Behind each is an entrepreneurial AiduAlumna/ AiduAlumnus with passion and drive, and after the Academy also the know-how to realize their start-up idea. Eleven start-up ideas from participants of the Swiss Re Start-up Academies launched with financial support from the Start-up Fund.
In our new start-up brochure you can read about the passion and diversity of talents among our enterpeurial AiduFellows and Alumni as they develop and grow. They want to make an impact in their communities and so do we!