Championing young people and women entrepreneurs in Myanmar
Shaping the talent to meet Myanmar’s fast-growing business needs.
We are working with Yangon’s Centre for Vocational Training’s ‘Empowering Youth 4 Business’ programme. Our local Puma Energy staff lend some of their free time at the weekend to teach part of the course, from project management to human resources and sales.
Supported by the Puma Energy Foundation, this initiative provides entrepreneurship and life skills education, access to business mentoring and start-up funding to 300 young people from economically disadvantaged backgrounds.
Grace (27) and Thein Thein Maw (37) graduated from the programme in December 2015. Five years ago, Grace had a private tutoring company but the company failed due to inexperience in business management. Both women have found themselves challenged to raise the funds and secure a location needed to become certified businesses in Myanmar. With bank lending virtually impossible, they are now revising their business plan and are preparing to open their ‘Light Education’ school in April 2017.
As a small business owner, Kyinue Way Myanwin attended the programme in 2016. Before the course she did not have a business plan and knew little about human resources management. The business plan she developed during the course has given her a framework to expand and open a second school. She is also now carrying out performance appraisals for her growing team.
The initiative provides entrepreneurship and life skills education and start-up funding to 300 young people from economically disadvantaged backgrounds.