Fevereiro 21, 2011 - 8:43am — kindnes
Youth Social Entrepreneuship Program
Fev 21 2011 - 9:27am
Etc/GMT-5
In spite of the high rate of poverty and unemployment in Cameroon today, Entrepreneurship that is increasingly recognized worldwide as a source of job creation, empowerment and economic dynamism is still very slow and difficult to be promoted in Cameroon because stakeholders involved are do not make an effort to look in to the problems that impeding the development of entrepreneurship in Cameroon.
Youths who forge a livelihood by taking the entrepreneurial initiatives to create an opportunity for them selves by operating corner shops and small businesses do face a lot of challenges that negatively affect their start-up business initiatives because they operate in an entrepreneurially unfriendly environment that is infertile for their initiatives to obtain the required results.
During a survey with youths running corner shops and small businesses we realized the face a lot of challenges as follows:
* government and legal actions that are unfriendly and pose a threat to their premature businesses
* limited/lack of access to start-up and expansion capital for their businesses
* no access to information
Coupled with the limited capacity building opportunities to strengthen their skills in managing, expanding and marketing their business initiatives they face a lot of consequences ranging from retard growth to close down.
Enterprise promotion programs that precedes the above mentioned problems fail to reinforce entrepreneurship because they focus only on providing small start-up loans to youths projects (micro financing) while the youths battle tremendously with government /legal actions as well as expansion capital and lack of skills at the level of implementation. At the end the goals of both the youths and enterprise promotion programs are not met since failure to pay back the loan and on time leads to the failure of the program.
The Youth Social Entrepreneurship Program has been designed by FYCB as an enterprise promotion program that bridges a solution to the above problems addressed.
Goal: This program seeks to integrate alienated youths into the economic mainstream by spearheading self employment through business development in Capacity Building Workshops and seminars for Socio Economic Reform.
This is a social program operational under the FYCB Development and management Consulting Department (DMCD) that focuses capacity building, youth employment and development consulting
The Youth Social Entrepreneurship Program has 4 main components that will reinforce entrepreneurship as follows:
1. Entrepreneurship Business Information System (E-BIZ INFOS) Newsletter:
2. Entrepreneurship (E-) Business Toolkits
3. Entrepreneurship (E-) Business Senior Executive Magazine
4. Enterprise 2015 (ITE2015)