Maravi

CCDP welcomes government's funding to youths' entrepreneurship projects

CCDP welcomes government's funding to youths' entrepreneurship projects
By Cynthia Phiri in Choma
Sat 07 July 2012, 13:22 CAT

THE Choma Children Development Project has welcomed the decision by government to set up financing for youth entrepreneurship projects in the 2013 National Budget in a bid to create more jobs.

In an interview, project coordinator Cornwell Hademu said the intervention by government is a move in the right direction because it would enable youths who already have skills but have been failing to access funding to become self-sustaining economically.

Hademu said access to funds had been a huge challenge for most youths being churned out of youth skills training institutions who wished to venture into self-employment activities.

He said the Youth Entrepreneurship Facility would enable youth to turn their energies and ideas into business opportunities to increase their incomes and create decent work for themselves and others.

Finance deputy minister Miles Sampa disclosed on Monday after attending the opening session of the United Nations Economic and Social Council (ECOSOC) 2012 that the government is keen to set up financing in the 2013 national budget that will particularly target innovations coming from the youths.

Hademu said while his organisation had intensified efforts in the provision of skills to youths, it was sad that many of the beneficiaries still ended up on the streets as a result of failure to access funding for their entrepreneurship projects.

He said it is for this reason that the Choma Children Development Projects salutes the government for coming up with an initiative that will address this challenge.

"As a project, we are indeed thankful to government for this well-thought move," said Hademu.

Labels: MILES SAMPA, YOUTHS

posted by MrK @ 1:26 PM