TOTALLY YOUTH INCUBATORS AT WORK
We extend our warmest Easter greetings to all our donors and friends. This year we have been working with over fifty unemployed youth entrepreneurs who are willing to set up their own businesses instead of looking for non-existent jobs. We have models, event managers, chefs, fashion designers, transport operators and a farmer, all going through capacity building and mentoring and receiving inputs to incubate their start-ups in a hands-on, practical way. We have embarked on another realty TV show – Fashion And Modelling Extravaganza, which will help 26 young boys and girls into jobs and protect young models in the industry. As the parent programme, the Support-20-Youth-Incubator has seen four incubator projects under its umbrella:
and two incubator projects in the pipeline:
These two pipeline projects will soon be posted on GlobalGiving for your kind consideration. We are pleased to announce that we are receiving more participants who would rather go into business for themselves, than look for non-existent jobs. The catering, fashion and farming incubators are poised to break even soon. The beginning of incubation is always difficult for participants, especially when they have to contend with breaking even before realizing profits. This is always the difficult lesson to learn, since the participants have very little or no money at all, when they come to TY. Our main difficulty relates to the current depreciating value of the cedi which has given rise to price hikes to cover purchases in foreign currencies. This affects the amount of money that Totally Youth can invest in the incubators, since what was bought for a cedi today will cost three cedis or more tomorrow. This makes it difficult to provide all the needs of the incubators and to plan effectively for scheduled completion of incubation. Without the generous support of our donors, we will be in dire straits. Timely donations are the most cost-effective, since we can then complete procurements before the next price hike.
Due to recent heavy rains, we have lost the canopy over our Event Space where customers sit to be served their meals from the Catering Centre. Since we are in the rainy season, we need urgent assistance to replace the canopy and fixed the supporting metal beams. If we do not do this in time, Incubators at the Catering Centre will lose their hard-earned customers. This will also delay their expected break-even schedule and hence their opportunity to start buying tools for their planned businesses from expected profits. We are therefore humbly appealing for donations of US$2,000 to Support-20-Youth-Incubators for the replacement and repairs to the canopy and structure.
WORSENING YOUTH UNEMPLOYMENT TRENDS
The unemployment trend has gotten worse, with a local labour organization quoting 250,000 unemployed youth a year, as the latest figure. The CEO of Totally Youth was recently invited to present at a TEDx in Ghana – TEDxLabone, where she received a standing ovation on her presentation entitled “Youth – The Third Pillar for Job Creation”. Youth employment is contributing significantly to crisis and unrest in countries all over the world and we must make every effort to stem it. The good news is that youth unemployment can be drastically reduced if youth entrepreneurs are supported to set up businesses to create jobs for themselves and other unemployed youth. Totally Youth is therefore sincerely appreciative of our donors, because they are helping to prove that the youth are indeed the Third Pillar for Job Creation after government and the existing private sector. Your donations help the “youth to create jobs for the youth” and to reduce youth poverty, homelessness and crime.
Currently, we have four needy male participants sharing the two rooms on our premises (rent-free with free water and electricity). Even with this support, they still need allowances for daily meals and transportation when they go on errands for their start-ups. Unfortunately, the continuing rapid fall of the cedi reduces our purchasing power everyday thereby reducing our projected support and impact. It is therefore critical to get donations that will allow us to purchase in bulk (with consideration for shelf life), and also benefit from volume discounts and cost-savings. We would therefore be grateful if you will consider making lump sum donations to our projects. Please note that all incubators benefit from donations made to Support-20-Youth-Incubators, as the parent programme. Donations can be made to:
With your continuing support, we will surely achieve our vision where employment will be an entrenched human right and our youth will be the confirmed Third Pillar for Job Creation worldwide.
Thank you and God bless.