The NYDA supports youth between the ages 14 and 35 through various programmes. The following services are available to young entrepreneurs: career information and guidance, mentorship, skills training, entrepreneurial development and support, loan funding, health awareness programmes and involvement in sport.
To qualify for funding, the business must be economically viable and cannot be involved in gambling, tobacco, property development or any illegal practices. An applicant must be 35 or younger; hold greater than 50% of the shares in the company; be a previously disadvantaged South African youth; and be operationally involved in the business. Proof of residential address, valid ID and credit checks, an application form and a business plan are required.
For more information:
Telephone: 080 052 5252