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Published: 12 Aug 2024 346 views
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.
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.
| Application Deadline | 20 Sep 2024 |
| Value | P450 000.00 |
| Country to study | Botswana |
| Type | Entrepreneurs |
| Sponsor | Republic of Botswana |
| Gender | Men and Women |
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.
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
YDF Application forms may be obtained at the nearest MYSC office, or by request from [email protected].
For more information please contact the Public Relations Office on 3682667/ 3682793/ 3684502,or your nearest MYSC district office.
For more details, visit the website.
