Botswana Youth Development Fund (YDF) 2024/2025 for Young Entrepreneurs (Application Form Available). Apply below.
When is Application Deadline:
20th September 2024
Table of Contents
Tell Me About Award:
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.
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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.
Type:
Entrepreneurship
Who can Apply?
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
Which Countries are Eligible?
Botswana
How Many Awards?
Not specified
What is the Benefit of Award?
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.
How to Apply:
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.
Visit Award Webpage for Details
