EU GIVES 3.0 MILLION EURO GRANT TO UGANDA’S YOUTH ENTREPRENEURSHIP FUND

By Edward Kayiwa

KAMPALA, Dec 2 — The European Union (EU) has offered a grant of more than 3.0 million Euros towards Uganda’s Youth Entrepreneurship Facility, a programme to fight unemployment among Uganda’s urban youth.

The money will be distributed to youth groups which are engaged in economic activities geared at creating more jobs, according to Theo Hoorntje, the head of co-operation at the office of the EU Delegation in Uganda.

Hoorntje said here Monday that the grant would initially last two years, within which it would target youth aged between 18 and 35 in 11 selected districts across the country.

“The purpose of this grant is to help the urban youth turn their energy and ideas into business opportunities that will increase their incomes and create decent work for themselves and others,” he said.

Hoorntje added that the grant would also be used to raise skills and improve innovation among the youth, refine their entrepreneurial talents and improve their attitude towards entrepreneurship.

The Youth Entrepreneurship Facility project is jointly facilitated by the EU and the International Labour Organization (ILO).

Provisional results from Uganda’s recent census indicate that up to 75 per cent of Uganda’s 34.9 million population are aged below 30 years, while the unemployment rate of youth stands at between 60 per cent to 83 per cent.

The Assistant Commissioner for Youth in Uganda’s Gender Ministry, Mondo Kyateka, said the government was committed to fighting unemployment through the private-public partnership principle.

He said 143 organizations and groups applied for funding and so far, 50 organizations had received capacity building support in proposal writing, project planning and management.

SOURCE: NEW VISION

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