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The first group of South African entrepreneurs arrived at Sierra Nevada College on February 12, 2010, where they were hosted at a Valentine’s Welcome Dinner. Over the next five weeks, the young entrepreneurs will spend time with local businesses in such fields as resort and hospitality management, fashion design, waste management and environmentally sustainable recycling, information technology, and geographical information systems. One U.S. firm has already agreed to allow one of the South Africans to serve as their distributor of non-proprietary software.

In addition, while at Sierra Nevada College, each of the young entrepreneurs will complete a Certificate in Entrepreneurship, earning a total of 9 university credits. The South African interns will have the opportunity to work with SNC’s faculty, local businesses, and present their business plans to a panel of venture capitalists for comment and potential investment.

YEP 2 Candidates Recently returned back from USA, with success stories to tell. They were teamed up with top USA entrepreneurs and trained at Sierra nevada College and University of Nevada.

Active participation in the IBA Young Entrepreneurs programme offers aspiring new entrepreneurs the chance to experience a wide range of benefits:

• Up to six weeks stay with a successful and experienced entrepreneur in USA to gain relevant business start-up knowledge in a wide range of areas such as marketing, financial accounting, customer relations, business finance etc. ;
• Practical and financial assistance such as issuing contracts, induction courses before the exchange, logistical and local support during the stay, and a grant covering the travel and subsistence costs during the stay abroad;
• Membership of an international business Academy network of successful entrepreneurs;
• Possible opportunities for collaboration and the development of cross-border business co-operation;
• Insights into different cultural and organisational settings and how companies function in different countries;
• Improved language skills;
• Understanding the regulatory framework in another country.