Stakeholders in Mzuzu City have expressed excitement over construction of the K7 billion Entrepreneurship Training and Incubation Center at Mzuzu University (Mzuni).
The World Bank funded four story building which is expected to cover 3650 square meters, is financed by the World Bank through Skills for a Vibrant Economy (SAVE) Scheme.
Mzuni SAVE Project Coordinator, Winner Chawinga, said that the center will ease coordination challenges as the institution has mini faculty hubs.
“It is hard to consolidate all innovations together because all we have are mini faculty hubs we neither have adequate equipment, hence failing to patent our respective innovations.
We are looking forward to utilizing the centre and we are sure that with this facility, Mzuni will contribute to establishment of companies that will in the long run contribute to the country’s economic growth,” said Chawinga.
He then asked stakeholders to support the project should there be need for more resources at the facility.
District Youth Officer for Mzimba North, who is also responsible for Mzuzu City, Misheck Msokwa, said the project is an assert to young people within the city and beyond.
“It is through such an establishment that youth can access to expertise towards developing their entrepreneurial ideas.
As it stands now, young people do not have such spaces where they can hatch entrepreneurial ideas, hence this entrepreneurship hub has come at the right time.
“This center will also be a source of motivation to young people that have not yet gone for tertiary education,” said Msokwa.
Ali Amidu, a solar energy installation specialist who is based in Mzuzu, said that the center will act as a knowledge and best practices amongst young entrepreneurs in the northern region.
