Support for Job Creation
Support for job Creation responds to the need for job creation with initiatives to help launch new businesses, improve the productivity and job creation potential of existing micro-enterprises and among self-employed youth, and support innovative approaches to improving job and earning opportunities among the hard-to-reach youth.
It addresses key constraints and market failures that limit the demand for youth employment and their productivity once in employment.
This component is implemented by the Micro and Small Enterprise Authority (MSEA) and aims at assisting youth in Kenya to acquire the skills and capital required to help them in generating an income as an Entrepreneur “Mfanyabiashara”.
It includes two subcomponents:
- Support for self-employed- Provides Grants and Business Development Services (BDS) to the youth who are in or want to begin a business.
- Catalytic interventions for job creation – Supports innovative interventions to create jobs for targeted youths by financing business plan competition targeting high potential young entrepreneurs.
Business Development Service
Targets 8,000 youths will receive Business Development Services (BDS)
30,000 youth will receive business start-up grants worth Kes: 40,000
Business Plan Competition
Age: 18 - 35 Years. Amount: Either Kes: 900,000 or 3.6M. Total Beneficiaries: 750 entrepreneurs