More Youth Receive Funding

| November 19, 2014 | 0 Comments

A total of 43 youth projects in the Mahalapye Sub-district will be funded through the Youth Development Fund (YDF) this year.

Mahalapye Sub-district programme officer in the youth office, Mr Onkabetse Lemo said this in an interview that the sub-district comprisedfour constituencies of Mahalapye East, Mahalapye West, Shoshong, and SefhareRamokgonami.

He said the applications were divided into two batches based on the time at which applicants submitted their proposals to the youth office. bThose who submitted first were in batch one whereas those who submitted later were in batch two, he said.

“In total 148 youth applied for funding and applicants in the first batch are still being responded to through the post. Additional 90 applications in batch two will be adjudicated this month,” he said.

In Shoshong, he said 17 projects will be funded to the tune of P1 684 681.25 in Mahalapye West, 10 projects will be funded to the tune of P951 566.77, whereas in Mahalapye East, seven projects will be funded to the tune of P697 758.00.

He said a further nine projects in SefhareRamokgonami will be funded to the tune of P888 335.61, adding that each constituency had been allocated P2 Million.

Commenting on the type of projects to be funded, Mr Lemo said most of them were pastoral Agricultural projects which include and cattle farming. The others he said were non-agricultural but service projects like butcheries, salons, bakeries, secretarial, and security services.

He aised successful applicants to take their projects with the seriousness they deserve and to always work hand in hand with youth offices. Furthermore, Mr Lemo said they should liaise with relevant organisations like LEA and BOCCIM to get mentorship and additional entrepreneurship help.

Those in service projects should desist from selling their goods and services on credit as such a practice may negatively affect their projects,” he cautioned. To those who were not successful this year, Mr Lemo said they should not despair but instead apply again next year.

He pleaded with them to correct the reasons of their rejection as outlined in the letters of rejection sent to them and come back with better ideas. The final batch he said will be fully assessed by the end of this year and applicants will get their responses in December.

Source : BOPA

Source : Botswana Daily News

Category: Business & Finance

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