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Zantchito – Entrepreneurship and Access to Finance to Increase Job Creation.

At least 3,800 Technical, Entrepreneurial, and Vocational Training (TEVET) graduates, university graduates, and idea-stage entrepreneurs are set to be supported with incubation and business development services and access to financial facilities under Zantchito – Entrepreneurship and Access to Finance. The programme also aims to create at least 7,600 decent, formal jobs through the growth-oriented supported enterprises.
Zantchito – Entrepreneurship and Access to Finance to Increase Job Creation

At least 3,800 Technical, Entrepreneurial, and Vocational Training (TEVET) graduates, university graduates, and idea-stage entrepreneurs are set to be supported with incubation and business development services and access to financial facilities under Zantchito – Entrepreneurship and Access to Finance. The programme also aims to create at least 7,600 decent, formal jobs through the growth-oriented supported enterprises.


The support will target a wide range of idea-stage entrepreneurs including graduates from all TEVET training institutions, both formal and informal; graduates from public and private universities; and micro, small and medium enterprises (MSMEs) from both the urban and rural areas. Activities will work towards the overall objective of promoting entrepreneurial culture, sustainable enterprise creation, and decent, formal jobs across Malawi.
Zantchito will partner with six business incubators. These incubators will then recruit idea-stage entrepreneurs through individual calls for applications and business ideas launched according to the incubator’s programming calendar (i.e. organised into cohorts or semesters).
To date, Zantchito partner incubators include the Malawi University of Business and Applied Sciences (MUBAS) Business Incubation Centre, Lilongwe University of Agriculture and Natural Resources (LUANAR) AgriBiz Hub, Mzuzu E-Hub, NxtGen Labs, and Dzuka Africa. The programme plans to increase its partnerships in subsequent years to best reach diverse, widespread idea-stage entrepreneurs.
Incubatees recruited into partner incubators will receive support across the pre-incubation, incubation and post-incubation stages. They will access business development support from Zantchito-partnered Business Development Service (BDS) providers, and up to USD 12,500 in financial support towards the costs of BDS and other crucial production costs, such as equipment.


Zantchito’s support mechanism is designed to enable each entrepreneur to establish a growth-oriented enterprise that creates at least two jobs, translating to 7,600 jobs from the targeted 3,800 enterprises. Zantchito envisages supporting entrepreneurs from all sectors including construction, agriculture, manufacturing, information communication technologies, engineering and craft and aims for at least 40 percent of recipients to be women.

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