On 11th October 2022, Alibaba signed on well over 360 African entrepreneurs for its Netpreneur Training program at a virtual opening ceremony. The launch of the second class of Netpreneur comes after the success of the inaugural class, which graduated 70 African participants last October.
The four weeks masterclass will run from October 11 to November 10, 2022, and the training programme is free of charge.
Being an initiative of Alibaba Global Initiatives (AGI), a professional training arm of Alibaba Group, Netpreneur has the support of Africa’s Business Heroes prize competition, a philanthropic initiative that aims to support and inspire the next generation of African entrepreneurs
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Alibaba Netpreneur Training Program
The Alibaba Netpreneur Training Online Course Africa program offers digital entrepreneurs and business owners an opportunity to learn and explore how to harness digital technology to grow their businesses and the local economy.
Successful applicants from across the African continent will embark on a series of online classes where they will delve into approaches to harnessing technology to grow their businesses within the local economy. All participants are founders of their respective start-ups from industries such as agriculture, education, information & communication technology (ICT), and trading.
Netpreneur Training program is conducted online in English by certified Alibaba trainers and business leaders who have had experience leading their digital businesses to success. Its participants stand to gain knowledge on:
● The development of the digital economy in China and the most cutting-edge trends and practices in use within the growing digital economy in China.
● Mindset and knowledge from traditional businesses from a wide range of industries that recently went through digital transformation in China.
● Business frameworks and strategy, strengthening their organization’s capacity to drive innovation and achieve greater results.
● Key insights into the evolution of Alibaba’s ecosystem, including learnings, best practices and fundamentals of the new technology.
Upon completion of the program, participants will receive an e-certificate and will be eligible to join the AGI entrepreneur community. The community comprises a diverse mix of passionate and successful like-minded entrepreneurs and provides unmatched opportunities to network, collaborate and learn.
Those who perform exceeding well have the opportunity to participate in a one-week offline immersion program at Alibaba’s headquarters in Hangzhou, China, subject to fulfilling the online course criteria.
Speaking in a press release, Dan Liu, Senior Advisor at Alibaba Global Initiatives, says;
“We are delighted to be able to continue advancing our vision of sharing the positive impact of the digital economy with entrepreneurs and enrol our second cohort of African participants.” With companies taking to online channels to keep their businesses afloat during the pandemic, digitalization is no longer a foreign concept to consumers and entrepreneurs. We hope this edition of our Alibaba Netpreneur Training will help entrepreneurs in Africa develop long-term, savvy digital strategies that will open up more opportunities for them.”
The Alibaba Netpreneur Training Program was first introduced in 2019 and has successfully trained close to 1,500 entrepreneurs in Africa, Europe, Latin America, and South and Southeast Asia since its inception.
The program application closed on September 18, 2022. For details on the next editions of the Alibaba Netpreneur Training Program, contact globalinitiatives@alibaba-inc.com.
What to know about Alibaba Global Initiatives
Alibaba Global Initiatives (AGI) inspires and supports entrepreneurs, youth, and women globally by sharing the positive impact of the digital economy in promoting inclusive development. Its programs encourage entrepreneurs to share and use digital economy tools to create a positive social impact and collaborate with each other and the public sector to make a larger impact. To date, there are close to 1,900 digital entrepreneurs and business leaders from more than 60 countries and regions; they were trained directly by AGI, who have subsequently taught other members of their communities.
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About Africa’s Business Heroes
The Africa Business Heroes Prize Competition is a charitable event put on by the Jack Ma Foundation and Alibaba Philanthropy.
The goal of the initiative is to help and inspire the next generation of African entrepreneurs in all fields to build a more sustainable and inclusive economy for the future of the continent.
For 10 years, ABH will honour 100 African entrepreneurs’ work and help them grow by giving them grants, training programs, and other support.
Each year, the ABH Prize Competition and Show feature10 finalists as they pitch their business to win a share of US$1.5 million in grant money. Jack Ma, the founder of Alibaba Group and the Jack Ma Foundation, created the prize after he made his first trip to Africa in 2017 and was inspired by the energy and entrepreneurial potential of the young people he met there.
About Alibaba Group
Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet and live at Alibaba and that it will be a good company that lasts at least 102 years.