Call for proposals: 2nd Bacha Entrepreneurship Project - 2016 FeaturedWritten by Eric Ntlaloe
In an attempt to arrest poverty that is exacerbated by rising youth unemployment, particularly educated youth, Basotho Enterprises Development Corporation (BEDCO), in collaboration with the Lesotho Revenue Authority (LRA) and Standard Lesotho Bank calls for proposals for the Bacha Entrepreneurship Project. The project is intended to assist young unemployed graduates within the ages of 21 to 35 to become employers and drivers of economic growth by becoming entrepreneurs. The project, now in its second year, is intended to build a crop of young entrepreneurs who can break the barriers to become job creators, not job seekers. The three partner organisations are calling for viable, sustainable and profitable business proposals that will be financed for a combined start-up capital of M500,000.00.
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