Nyda Business Plan

Posted by / 25-Nov-2020 02:32

Nyda Business Plan

Internally, initiatives included matriculant learnerships, a graduate internship programme and Chartered Accountant (CA) learnership training.

The IDC’s entrepreneurial development was complemented by internal initiatives and those implemented with external stakeholders to increase the employability of South Africa’s youth.The IDC reinforced its Accord commitment with a R1 billion contribution from the R10 billion Gro-E Scheme, created to support youth-owned businesses.A tripartite agreement with the Ny DA and sefa during the past year also facilitates access for youth-owned businesses to IDC and sefa finance to establish or expand their businesses and Ny DA grants to develop bankable business plans.In April 2014, the IDC was a signatory to the Youth Employment Accord with other stakeholders.The aim is to improve skills development among young people.

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A total of 500 South African youth owned enterprises can benefit from the grant programme, per year.

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