(Augusta, GA) – The United Negro College Fund Special Programs (UNCFSP), in partnership with Alabama State University, Paine College, Prairie View A&M University and St. Augustine College, has launched a Global Entrepreneurship Initiative (GEI) designed to create a nexus of study and practice between policy, social entrepreneurship and business enterprise, yielding economic growth. The trade mission is one of the major activities of GEI.
This project has been funded for $75,000; the bulk of the work will take place between now and November 2012. Dr. Okoroafor Nzeh, chair of the department of Business at Paine College, three department of Business faculty, Mathematics, Sciences and Technology faculty member, and several department of Business undergraduate students will participate in initiating this exciting trade delegation development program. Nzeh has extensive experience in the area of global entrepreneurship, particularly as it relates to sub-Sahara African populations.
“Paine College is committed to the success of this project as it is firmly in line with the strategic goals of the College, particularly that of increasing faculty scholarly productivity that furthers the techniques of understanding fields across academic divisions,” said Dr. Marcus Tillery, provost.
This trade mission will introduce delegates drawn from industry, government, and MIHEs to South African business and government leaders, giving them the opportunity to locate partners and prospective clients, while gaining the understanding needed for success in the largest and most sophisticated industrial and services sectors in Sub-Saharan Africa. Participating companies will receive first-hand market information, embassy briefings and customized one-on-one meetings with business contacts to enter or expand their presence in the South African market.
About South Africa
South Africa, a country of about 50 million people, is rich in diverse cultures, people and natural heritage. Enjoying remarkable macroeconomic stability and a pro-business environment, South Africa is a logical and attractive choice for U.S. companies to enter Sub-Saharan Africa. The country covers 1.22 million square kilometers and is the world’s largest producer of platinum, vanadium, chromium and manganese. South Africa is the 29th largest economy in the world and had a gross domestic product (GDP) of $408.2 billion in 2011. South Africa also accounts for more than 30 percent of Sub-Saharan Africa’s GDP.
Benefits of the Trade Mission:
·One-to-one meetings with foreign industry executives and government officials, pre-screened to match your specific business objectives whether for representation, direct sales or joint ventures in the local market.
·Networking events with guests from local industry multipliers, including the U.S. Embassy, Chambers of Commerce, associations and business councils that are influential in the business community.
·Briefings and roundtables with the legal and business community on local business practices and opportunities.
·Site visits to local facilities where your technologies/services may be applied.
For information contact the Office of Communications at (706) 396-7591, (706) 821-8233 or Ncarter@paine.edu.
Photo caption: Dr. Okoroafor Nzeh