Entrepreneurship Education and Training Programs around the World

Page 109

89

EET Program Landscape and Analysis

Table 4.6  Available Information on Costs | ETPo Programs Program name

Country/region

AAC | Atención a Crisis

Nicaragua

ACTiVATE | Achieving the Commercialization of Technology in Ventures through Applied Training for Entrepreneurs DCEI | Dade County Entrepreneurial Institute ENBDP | Entrepreneurship and New Business Development Program

United States

EPAG | Economic Empowerment of Adolescent Girls and Young Women

Liberia

GATE | Growing America Through Entrepreneurship Project JEA | Jóvenes en Acción WEMTOP | Women’s Enterprise Management Training Outreach Program WINGS | Women’s Income Generating Support Program WSBP+MBDP | Training Women for Success

United States

Costs of implementation

All beneficiaries received a basic transfer — of US$145. Participants with children received an additional US$90 per household and US$25 per child. Onethird of the beneficiaries also received a scholarship to attend a vocational training course. Another one-third of the beneficiaries also received a US$200 grant each for productive investments. The annual cost to run the program is Tuition is estimated estimated at US$200,000, or about at US$3,000 (as of US$8,000 per participant. 2010).

United States Sweden

Colombia India

Uganda

Cost recovery

The cost to run the program for 10–12 participants was US$66 (but does not include the costs of running the incubator or conducting seed capital activities). A total of US$1,221 per student was allocated for business skills training and US$1,678 per student for job skills training. Course costs fluctuated between US$850 and US$1,300 per participant. Cost was about US$750 per participant. Initially the cost per enterprise support team was US$1,485 and over time, the cost was reduced to US$341. About US$922 per person

United States

— — —

— Tuition is estimated at US$2,500

Note: — = not available.

the intervention struggled to pass the cost-benefit analysis. Finally, in the case of the MEP program in Argentina, the evaluation indicated that the program did not reach average significant income gains in the short-run, so the program is not cost-effective in the short-run.

Moderating Factors ETPo programs have fewer moderating factors. The majority of these programs make note of participants’ characteristics upon entry, including their gender, educational background, and previous exposure to self-employment. With regard to contextual moderating factors, the program outcomes are cited as being

Entrepreneurship Education and Training Programs around the World http://dx.doi.org/10.1596/978-1-4648-0202-7


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.