Fabretto Children’s Foundation and partner Asociación Bayan held the first Youth Entrepreneurship Challenge this November in Intibucá and Lempira, Honduras.
The youth who participated in the challenge are students in a blended learning course on Youth Entrepreneurship, offered through a partnership between Fabretto and Bayan in two departments of Honduras, Intibucá and Lempira, at Sistema de Aprendizaje Tutorial (SAT) secondary schools. This course was developed in Nicaragua and introduced in Honduras in 2023.
In the course, youth focus on developing entrepreneurial spirit, understanding and proposing solutions to their communities needs, and creating business plans, including budgets and financial projections.
At the final Challenge event, finalists pitched their business ideas to a panel of judges. In Lempira, the departmental director of Education joined representatives from Fabretto and Bayan as a judging panel member. The events received coverage in local media and support from the educational and broader community.
- 92 youth participants in round 1 of the challenge
- 25 entrepreneurial ideas presented in round 2
- 6 winning business ideas selected in the final round!
The six winning ideas will receive prizes to help them launch their businesses in 2024. The top ideas were:
|Group 1 – Plantain Chips
|Group 2 – Ground Coffee “Sabor y aroma de mi tierra”
|Group 3 – Cereal “Choco Pinole”
|Group 1 – Coffee “Aroma a Café”
|Group 2 – Bread “Horneando Deseos”
|Group 3 – Paletas “El triunfo”
Congratulations to all of the youth who participated in the Challenge! We aim to continue motivating and supporting Honduran youth, particularly in rural communities, as they create business ideas that contribute positively to their families and communities.
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