The project will give Seth a viable business, a steady income and employ 4 youth interns in the short term. He will earn enough to start a restaurant on his own, employ more youth and pay rent for room and premises for himself. The project will create jobs and encourage more youth to set up businesses. It will enhance Totally Youth's capacity to support more youth incubators. In the long term, it can create thousands of jobs for unemployed youth and also train competent staff for restaurants..
Seth is an unemployed chef and it will take him years to find a job since jobs are few and far between. Seth wants to start his own restaurant to get out of poverty but has no skills, no money, accommodation or business premises. He cannot pay for daily return fares, meals or rent and he has no collateral for loans from banks/financial entities. Without requisite support, Seth will be one of over 358,000 unemployed poor, depressed and homeless youth with no future, looking for non-existent jobs.
Seth gets free accommodation and free access to our Catering and ICT Centers, Event and Office Spaces, to start his business. He is mentored and groomed in various aspects of restaurant business. Seth operates in real time and will create jobs for other unemployed youth. He will generate income to continue his restaurant on his own. US$4,000 will help with registration, capacity building, mentoring, equipment, tools, consumables, etc in incubation and tools and 3 months' rent for premises after
It will Create jobs for other youth; Trigger a domino effect of more unemployed youth starting businesses; Engender enabling policies and support for youth start-ups; Facilitate requisite changes in syllabi in tertiary and vocational institutions; Increase confidence of donors to support youth start-ups based on proven success of the project; Enhance our capacity to support more needy youth into business. Concepts and lessons learned can be adopted by NGOs/Angels to support youth start-ups; .
This project has provided additional documentation in a DOCX file (projdoc.docx).
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