YEF seeks proposals for Youth-to-Youth Fund aimed at development of youth entrepreneurship in Tanzania, Kenya and Uganda
The Youth Entrepreneurship Facility (YEF) is a partnership between the Africa Commission, the Youth Employment Network (YEN), and the International Labour Organization (ILO) and is implemented through its head office at the International Labour Organization (ILO) in Dar es Salaam, Tanzania and through offices in Kenya and Uganda.
The Youth-to-Youth Fund component of the YEF seeks proposals for grants from local youth-led organizations providing them an opportunity to actively participate in the development of youth entrepreneurship in their communities. It supports small-scale youth entrepreneurship development projects implemented by youth-led organizations.
The Youth-to-Youth Fund was created as a mechanism to identify, test and promote innovative entrepreneurship solutions to youth employment challenges
Thematic Focus
In 2011, the Youth-to-Youth Fund in Tanzania and Uganda will focus on Young Women's Entrepreneurship Development. The objective of the Fund is to identify implementable project ideas that contribute specifically to the development of entrepreneurship and business opportunities for young women. In Kenya there is a Green Window for proposals that support the support the establishment or expansion of green enterprises or businesses.
Eligible Proposals
The proposals should include project ideas that contribute to the promotion and/or development of entrepreneurship and business opportunities for youth as a means to create employment for themselves and other youth. The winning organizations, through their projects, are expected to create opportunities for youth to start or improve their small enterprises or other entrepreneurial initiatives. The proposed project ideas should thus focus on how to empower and enable young people to establish enterprises, whether micro or more growth oriented.
The project ideas should address some of challenges that are faced by young people who are, or aspire to be, entrepreneurs. These include for example:
- Household and other responsibilities that lead to limitations in time and availability
- Lack of support and encouragement from the family and society at large
- Limited education
- Lack of confidence
- Lack of experience and skills
- Lack of social capital / networks
- Lack of access to financial capital for a variety of reasons
- Challenges to register and formalize their enterprises
Grant Package
As part of the "grant package", the competitively selected grantees will receive funding between USD $5,000 to $20,000 as well as technical support and services (such as mentoring, capacity building and access to other, possible partner organizations). The grant packages will be based on a needs assessment and specifically tailored to the grantee organizations.
Last date for submission of proposal is July 3, 2011
For further information and details, please visit this link. http://www.yefafrica.org/index.php?do=/youth-to-youth-fund/
Source Link: http://www.fundsforngos.org/kenya/yef-seeks-proposals-youthtoyouth-fund-aimed-development-youth-entrepreneurship-tanzania-kenya-uganda/#ixzz1Pyamzqhr
