"It takes time to grow the small and large businesses able to create the jobs and income needed. So we must start now. Nothing less will help to achieve the Millennium Development Goals."
Kofi Annan, Former Secretary-General of the United Nations
The Kofi Annan Business Schools Foundation aims to stimulate local entrepreneurship by creating a new generation of innovative and socially responsible entrepreneurs in developing regions through tailor-made and practice oriented study programs.
The goal of the Kofi Annan Business School Foundation is to provide the opportunity for talented and motivated students from developing areas, who do not belong to a privileged class and lack sufficient financial means, to study at and obtain a diploma from one of the associated business schools in Europe.
Upon return to their home countries, this new generation of entrepreneurs can contribute to the strengthening of entrepreneurial capacity and business administration in developing areas as an effective catalyst for economic development, job creation and poverty alleviation.
The initiative is an implementation of the UN Millennium Development Goals project, more directly contributing to the targets of achieving full and productive employment and decent work for all, of integrating the principles of sustainable development, and of developing a global partnership for development in cooperation with the private sector.
The main objective of developing a global partnership for development is capacity building and knowledge exchange in order to come up with innovative business solutions that can contribute to economic growth and poverty alleviation in developing areas.
The Kofi Annan Business Schools Foundation is a joint initiative of the Public Advice International Foundation (PA International), Vlerick Leuven Gent Management School (Vlerick) and Hogeschool Utrecht University of Applied Sciences (HU).
‘The program at HU compelled me to explore my potentialities, resulting in a complete change of mindset. Its focus on generating business solutions to problems in developing countries, emphasizing the utilization of local resources, made me realize how much I could be of service to my home country. The knowledge and experiences I acquired whilst in The Netherlands will forever remain influential both in my professional and social life. It was in every way an enriching opportunity.’
Jacob Kalumba from Zambia
Kofi Annan Fellow at HU (2011-2012)