NEDCO to create youth entrepreneurship hub

The National Entrepreneurship Development Co (NEDCO) wrapped up its three-day entrepreneurship conference and marketplace by announcing its new youth-focused projects.

In keeping with NEDCO's 21st anniversary and the need to encourage young people into starting their own business, its CEO Calvin Maurice said a youth entrepreneurship hub will be created, among other projects.

This hub will be a place for ideas to collide and is meant to be a melting pot of creativity, collaboration and growth in a supportive ecosystem for young entrepreneurs, he said.

A youth business incubator –another space for ideas to grow and flourish, but with the help of mentorship, training and networking opportunities – will be launched by NEDCO as well.

Maurice said, "NEDCO is also bringing to life the Youth Business Industrial Parks which is a playground for young entrepreneurs to explore cutting-edge technologies, experiment with new business models and tap into emerging markets. These parks will be buzzing with excitement and brimming with opportunities for our ambitious youth."

Understanding that financial help is needed especially for micro businesses, he said youth micro incentive grant and a business accelerator programme will be launched.

"This programme will provide you with access to industry experts, mentors and investors ensuring you reach new heights of success," he said.