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