Botswana Youth Development Fund for Young Entrepreneurs 2024: (Deadline 20 September, 2024)

The Ministry of Youth, Gender, Sport & Culture informs the youth that a CALL FOR SUBMISSIONS for the Youth Development Fund (YDF) for the financial year 2024/25 is now open for submissions at all Districts effective Wednesday 7th August 2024 until Friday 20th September 2024 at 1500hrs.

The threshold for YDF financing remains at P100 000.00 for individuals and P450 000.00 for youth industries/co-operatives. Funding is in the form of a 50% grant and 50% interest free loan. Funding will be targeted towards sustainable startups and existing self-financed youth businesses with evidence of prudent financial records and attractive prospects for expansion and job creation.

About Republic of Botswana

Botswana, a landlocked country in Southern Africa, has a landscape defined by the Kalahari Desert and the Okavango Delta, which becomes a lush animal habitat during the seasonal floods. The massive Central Kalahari Game Reserve, with its fossilized river valleys and undulating grasslands, is home to numerous animals including giraffes, cheetahs, hyenas and wild dogs.

Youth Development Fund (YDF)

Application Deadline	20 Sep 2024
Country to study	Botswana
Type	Entrepreneurs
Sponsor	Republic of Botswana
Gender	Men and Women

Aim and Benefits of Youth Development Fund (YDF)

Requirements for Youth Development Fund (YDF) Qualification

Botswana citizens aged 18-35 years

Out-of-school youth

Unemployed youth

Underemployed youth earning less than P2 500/month

Youth cooperatives comprising of 5-10 members

Existing youth businesses: self-funded and funded through other government schemes such as LIMID, Poverty Eradication, Out of school youth grant whose businesses have operated for 6 months and above

Application Deadline

20 September, 2024

How to Apply

YDF Application forms may be obtained at the nearest MYSC office, or by request from myscpro@gov.bw.

For more information please contact the Public Relations Office on 3682667/ 3682793/ 3684502,or your nearest MYSC district office.

For more details, visit OFFICIAL LINK

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