The Youth Entrepreneurship Scheme’s (YES) Entrepreneurial Development Training Programme for 2023 has been launched and is online.
The orientation for the training programme was held on Saturday, at the Sky Mall Seminar Room, Haggatt Hall, St. Michael.
The Entrepreneurial Development Training, which fosters entrepreneurship, promotes self-employment and stimulates business development, started on June 5, and will conclude on August 23.
The development programme contains five modules, namely, Determining Feasibility and Market Research; Marketing; Human Resource Management; Developing The Business Model Canvas, and Business Labs.
Fourteen workshops are included in the programme, which touches on the most important aspects of business.
Director of Youth Affairs, Ministry of Youth, Sports and Community Empowerment, Cleviston Hunte, indicated that COVID-19 had taught him and his team to “change” and to “innovate”.
“In times of adversity, you are able to develop strength and bring things out of you, but if you stay within the norm it will never happen,” Mr. Hunte stated.
Additionally, he told the young entrepreneurs to develop businesses that would allow them to export a product or service, hire others and become stakeholders in the productive process.
He reminded them that even though “the means of production is now technology”, some of the older skills were still needed to move forward in business.
He listed them as including analysis of statistics, use of formula and other pertinent business soft skills. Mr. Hunte advised those in attendance to be “forward looking” and see their businesses five years in advance.