Argidius aims to help entrepreneurs to build profitable businesses and contribute to the sustainable development of their communities. They do so by improving the effectiveness and reach of small and medium enterprise capacity development services.
Our partnership with Argidius started in 2019 with the three-year High Flyers Youth Entrepreneurship Programme, supported by the Government of Uganda, and delivered by our members Enterprise Uganda and Cordaid Uganda. The programme has supported 1,470 young entrepreneurs with over 400 assigned mentors, helped 176 micro, small and medium enterprises (MSMEs) mobilize finance in 2021, and enabled participating MSMEs to generate 16% average year-on-year growth in revenue.
Building on the success of this programme, we launched our new global Community of Practice (CoP) and High Flyers programme, funded by Argidius Foundation, to support underserved ‘high flying’ young entrepreneurs in 8 countries across Africa, Asia, Europe and South America to grow and scale their businesses. The Community of Practice leverages the expertise and experience of the members and delivery partners to design and deliver effective support programmes that empower High Flyers to grow and scale their businesses, increase their revenue, and create new jobs. Based on the insights and recommendations from the Community of Practice (CoP), our four implementing members will design and deliver dedicated High Flyers programmes in their countries to support 120 – 200 High Flyers between February and November 2023. The remaining six Community of Practice members and delivery partners will use the guide to adapt and improve their current or future programmes supporting High Flyers in their countries. The support includes training on business development, specialised skills support, mentoring, and support with gaining access to finance.
“Always stay positive. Never allow negative feelings to hamper what you are doing, keep an open mindset and your business will succeed.”View story