R300 million set aside to boost youth enterprises nationwide

The Department of Small Business Development has set aside R300-million towards funding youth owned enterprises nationally. This is according to the minister of Small Business Development, Stella Ndabeni. The department launched the Peo Pele Youth Fund programme in Qwa-Qwa in the Free State. The initiative aims not only to commemorate 50 years since the 1976 Youth Uprising, but also create meaningful economic opportunities for businesses, more especially Small, Micro and Medium Enterprises (SMMEs).

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