Arusha — Institute
of Accountancy Arusha (IAA) has launched a trade support centre
targeting to
link up fresh graduates with the financial institutions for
credit.
The facility will
seek to ease processes for getting financial assistance for graduates
who would opt to start business instead of struggling for scarce jobs in
the formal sector.
The IAA Rector,
Prof. Eliamani Sedoyeka, said students with business ideas would be the
main beneficiaries because the facility would make them job creators
through income generation projects. The centre has already enrolled 15
fresh graduates - and 40 others will be roped in soon after formal
procedures are completed.
"They will be
trained in the nitty gritty of project and business plan writing skills.
This is one area which most of our young graduates have not grasped
well", he said.
Launching the
programme, the Arusha Regional Commissioner, Mrisho Gambo, lauded the
institute for the initiative, saying it would assure outgoing students
of support as they wait for greener pastures.
He said even when
skilled with business planning, many graduates often lack start-up
capital to establish income-generating projects.
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IAA, which was
established in 1990, has three campuses being the main campus in Arusha
and two others at Babati in Manyara region and another in Dar es Salaam.
The institute has a
strategic partnership with the Coventry University in the United
Kingdom through which they exchange courses.
Four years ago, it
entered into cooperation with the Tanzania Military Academy (TMA) to
offer Military Science Degree course which was launched in December
2017.
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