Thursday, March 28, 2024
HomeBUSINESSGRANTS AWARDED TO SOPHIA, ALBOUYSTOWN AND LA PENITENCE YOUTHS TO START...

GRANTS AWARDED TO SOPHIA, ALBOUYSTOWN AND LA PENITENCE YOUTHS TO START SMALL BUSINESSES

After completing an Entrepreneurial training programme, twenty-three youths have been equipped with the opportunity to have their businesses in operation. The potential entrepreneurs hail from communities like Sophia, Mocha, Albouystown, La Penitence and North & South Ruimveldt, and will each receive $310,000 (US$1,500) from the Small Business Bureau to commence the functioning of their businesses. They received a stipend of $26,000 per month during the training period. 

The twelve-week training programme was directed by the Ministry of Public Security and falls under the first module of the Citizens Security Strengthening Programme (CSSP). The aim of the Citizens Security Strengthening Programme is to bring about a reduced crime and violence rate in the country by increasing the human and social capability among young people, particularly in targeted communities. 

Dr. Clement Henry who is a Coordinator of the programme, reminded the youths that the administration aims to empower young people through innovative training opportunities. He lamented that the development of Guyana’s youth remains a top priority for the government. 

Lowell Porter, Chief Executive Officer of the Small Business Bureau (SBB), in his charge advised the graduates not to squander the opportunity they have been afforded. They were also urged to network as it will help to grow their businesses in Guyana’s evolving economy.

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