SHAPING OUR EDUCATION SYSTEM TO CREATE ENTREPRENEURS MBUSISWA NGCOBO

SHAPING OUR EDUCATION SYSTEM TO REALISE AN ENRICHED ENTREPRENEURAL ECOSYSTEM

Source: global entrepreneurship monitor

GLOBAL CONTEXT – OUR ECONOMIC STRUCTURE – AND ENTREPRENEURSHIP ACTIVITY

ENTREPRENEURSHIP ACTIVITY RATES BY AGE GROUP – SUB SAHARAN AFRICA

PIPELINE OF ENTREPRENEURS – INDICATING LIMITED NUMBER OF NEW ENTRANTS

ACTIVITIES BY SECTOR

FOCUS SECTORS TO CONSIDER FOR CURRICULUM DEVELOPMENTS Source : EY – Africa Attractiveness Report

CURRICULUM CONSIDERATIONS Key aspects to consider in curriculum content - – Age group focus : – Tertiary, vocational and secondary schooling environment – Delivery Mechanism : workgroups focusing on product development, market identification, financing, resource planning – Developing innovative culture – creation of centers of excellence in practical research subjects Avail funding support from state and NPO’s for classroom and controlled real life learning scenarios Tailor Research Funding at Higher Education - Incentivize innovative research projects by higher education students Protection of IP generation during these phases Other considerations – Paper on Entrepreneurship Curriculum Recommendations – (JEFF KEE, PRATHIMA, RODRIGUES SUDARSANA, KUNDU JEAN, LOUIS RACINE) -

OPPORTUNITY TO STREGHTEN CRITICAL ELEMENT OF THE SYSTEM – WORKFORCE IN THE SYSTEM CPD policy considerations Implement CPD Monitoring activities Exchange programs – Research portals Certificate renewals based on CPD compliance – needs to be implemented Membership categories – specialization areas – to leverage; Content enrichment on focus areas – Mathematics and Science Quicker adaptation to economic skills demand Informs curricular development for new workforce requirements Recognition of excellence A legislated organ – SACE ACT of 2000

INFRASTRUCTURE – REALISABLE OPPORTUNITY Use of Technology – Interactive Technological Content delivery mechanisms in remote schools where underperformance is recorded. Teacher Training Colleges – Start Small – one center per province – locate it to highly under resourced areas needing interventions. – Improved knowledge centers in critical skills of Mathematics, Sciences and Technology – Allows for networked skills base to share ideas, experiences and content – Allows for better CPD activities by SACE members (i.e. all educators working for DOE) – Professionalized and monitored environment

Education on available funding sources for start up capital and criteria – To Benefit the number of youth unemployed at the moment Other sectors largely regulated with strong barriers to entry, limiting entrepreneurship opportunities Generation social capital restricted due to SA’s history OTHER CLIMATIC ASPECTS FOR ENTREPRENEURSHIP DEVELOPMENT