The Student Training for Entrepreneurial Promotion (STEP) is a joint project of Leuphana University and several partner universities all over the world. The STEP training aims to promote entrepreneurship among youths and undergraduate students by providing them with knowledge, skills, and confidence in how to start a new business. The STEP training is unique insofar as it is action-oriented and evidence-based. During the 12-week STEP training, the trainees engage in start-up process of a real micro business to learn entrepreneurship “on-the-job”. The trainees learn how to start and run a new business based on action-principles that have been derived from the scientific literature on entrepreneurship, management, and psychology.
The STEP training has been implemented at universities and vocational training institutions in Uganda, Kenya, Tanzania, Rwanda, Liberia, Lesotho, Nigeria, South Africa, Mozambique, Lebanon, Philippines and Mexico. The STEP training is evaluated according to the highest scientific standards. The evaluation studies have shown that the STEP training has effects on trainees’ entrepreneurial mind-set and behaviour such as increases in trainees’ intentions to start a business, confidence in their entrepreneurial skills, action knowledge about how to start a business, and action planning for starting a real new business in the short-term and higher start-up activities, entrepreneurial activity, economic value creation and income in the long-term. More recent research projects based on the STEP training show that the STEP training compensates for a lack of financial capital in the start-up process and leads to higher life satisfaction in the short- and long-run.
For more Information please check out the STEP Website.
Source: Leuphana University Lüneburg