The Ministry of Education and Science in Somaliland in a collaboration with the Premier Bank is organizing an entrepreneurial competition for University students. The competition is intended to encourage and support the talented students that have a business plan in their mind, and the first-place winner will be granted $8,000 while the second-place winner will be granted $5,000 to start the desired and selected business. The senior/graduating students and the last year’s graduate students can apply and participate in the competition. The competition will be held in Ramadan Month and will be broadcasted live on all televisions. There will be a committee consisting of four members who are business experts and have high qualifications in the areas of entrepreneurship and business investments that will be chairing, classifying, and finalizing the competition.
Each University will submit two competitors to the committee who will be taking part in the final competition. All students who are eager to take part in the competition should submit their business plans by using the business plan template prepared for the applicants. In order to succeed in the selection process, the applicants have to put more emphasis and effort to meet the selection criteria.
The interested students should submit their business plan with a cover letter to their respective college offices by not later than 28 February 2022.
Please, download the conditions, the selection criteria, and the business plan template for the applicants.
Tartanka hal ee jaamcadaha somaliland final (2)
Final Business Plan Template (2)