{"id":2530,"date":"2021-07-28T16:21:44","date_gmt":"2021-07-28T14:21:44","guid":{"rendered":"https:\/\/evokedigital.co.bw\/blog\/?p=2530"},"modified":"2022-05-12T12:56:28","modified_gmt":"2022-05-12T10:56:28","slug":"botswana-youth-development-fund-ydf","status":"publish","type":"post","link":"https:\/\/evokedigital.co.bw\/blog\/how-tos\/botswana-youth-development-fund-ydf\/","title":{"rendered":"The Youth Development Fund helps aspiring youth achieve their goals"},"content":{"rendered":"\n<p>The Botswana Youth Development Fund (YDF) is a socio-economic programme for start-ups and expanding businesses that falls under the Ministry of Youth Empowerment, Sport and Culture (MYSC). YDF was introduced in the financial year 2009\/10 as an economic empowerment programme&nbsp;meant to assist aspiring youth to venture into various economic enterprises funded at 50% loan &amp; 50% grant. MYSC works in collaboration with other stakeholders such as Local Enterprise Authority (LEA) to build the spirit of entrepreneurship and other government ministries and parastatals who offer technical support. LEA works closely with entrepreneurs or SMMEs to develop business concepts into reality. It provides mentoring from the basic business plan to daily management plans, and training in skills to ensure that the business owner can make good decisions and achieve a success.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Youth Development Fund aims to <\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Promote active participation of youth in the socio-economic development of the country<\/li><li>Encourage the out of school, marginalized, unemployed and underemployed youth to venture into sustainable and viable income generating projects<\/li><li>Promote the development of competitive, sustainable and growth-oriented&nbsp;citizen owned youth enterprises<\/li><li>Reduce rural-urban migration by making it attractive to start growth-oriented&nbsp;enterprises in rural areas.<\/li><li>Create sustainable employment opportunities for young people through the development of sustainable projects.<\/li><\/ul>\n\n\n\n<p><strong>Who is eligible?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Botswana citizens aged 18-35 years<\/li><li>Out-of-school youth<\/li><li>Unemployed youth<\/li><li>Underemployed youth earning&nbsp;less than P2 500\/month<\/li><li>Youth cooperatives comprising of 5-10 members<\/li><li>Existing&nbsp;youth businesses: self-funded and funded through other government schemes such as LIMID, Poverty Eradication, Out of school youth grant whose businesses have operated for 6 months and above<\/li><\/ul>\n\n\n\n<p><strong>How do I get this service?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Call for applications is done annually between May and June.<\/li><li>Download the&nbsp;Youth Development Fund application form from the government website,&nbsp;or get them from the nearest MYSC District Office.<\/li><\/ul>\n\n\n\n<p><strong>What supporting documents are required?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A cash-flow forecast statement covering all revenue and expenditure for a period of 12 months<\/li><li>Business Plan outlining the idea, how it will work, the market and the management of the project<\/li><li>Three (3) sets of quotations covering all items included in the proposed budget<\/li><li>A copy of valid license of operation or trade licence (where applicable)<\/li><li>Certified copies of valid national identity document (Omang) for all business partners<\/li><li>A letter of intent to lease or lease agreement in cases of operating businesses or proof of ownership thereof<\/li><li>Curriculum Vitae of all members\/partners<\/li><li>Certified copies of vocational and or academic certificates or traceable references (where applicable)<\/li><li>Copy of partnership deed, or cooperative constitution, or memorandum and articles of association (where applicable)<\/li><li>Company resolutions for loan application<\/li><li>Succession plan<\/li><li>CIPA Certificates of business registration and shareholder&#8217;s certificate should show full details (i.e. names and ages) of members. (Form 2 &amp; 5 listing Company Directors)<\/li><li>Proof of market (letters of intent to buy from potential customers, market research report)<\/li><li>The expert consultation form should be part of the YDF form as a guide to youth to consult with the relevant experts that are in line with their proposed projects (where applicable)<\/li><li>For married applicants (in community of property) there should be written consent from the spouse<\/li><li>ITC clearance report upon approval and this should be provided by the applicant<\/li><li>Applicants to provide documents confirming suitability of the proposed project site<\/li><\/ul>\n\n\n\n<p><strong>How long will this service take?  <\/strong>    The turn around time for processing applications is Forty-five&nbsp;(45) working days.<\/p>\n\n\n\n<p><strong>How much does it cost? <\/strong>    No cost.<\/p>\n\n\n\n<p>You can even submit online now. <a href=\"https:\/\/www.facebook.com\/bwmysc\/posts\/mysc-ydf-online-applications-linksgaborone-httpsdocsgooglecomformsde1faipqlsdnbd\/342450997372147\/\" target=\"_blank\" rel=\"noopener\">Online Submissions for YDF<\/a><\/p>\n\n\n\n<p>Where can I get more information on this Service<\/p>\n\n\n\n<p>All Ministry District offices<\/p>\n\n\n\n<p>Tel.&nbsp;(+267) 3682600<\/p>\n\n\n\n<p>Fax. (+267) 3913473<\/p>\n\n\n\n<p>Toll Free No.&nbsp;0800 600 883<\/p>\n\n\n\n<p>Facebook Page:&nbsp;MyscBW<\/p>\n\n\n\n<p>Twitter Page:&nbsp;@myscbw<\/p>\n\n\n\n<p>Instagram Page:&nbsp;myscbw<\/p>\n\n\n\n<p>Email:&nbsp;mycontactzone@gov.bw<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>I<em>mage by botswanayouth.com<\/em><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Please take a look at a wealth of practical articles on similar topics in Botswana on <a href=\"https:\/\/evokedigital.co.bw\/blog\/\">Skymartbw Blog<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Botswana Youth Development Fund (YDF) is a socio-economic programme for start-ups and expanding businesses that falls under the Ministry of Youth Empowerment, Sport and Culture (MYSC). YDF was introduced [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":false,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2,5,1],"tags":[62,61,63],"class_list":["post-2530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-tos","category-guides","category-others","tag-botswana-youth","tag-youth","tag-youth-fund"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg","uagb_featured_image_src":{"full":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg",597,400,false],"thumbnail":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf-150x150.jpg",150,150,true],"medium":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf-300x201.jpg",300,201,true],"medium_large":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg",597,400,false],"large":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg",597,400,false],"1536x1536":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg",597,400,false],"2048x2048":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg",597,400,false],"web-stories-poster-portrait":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg",597,400,false],"web-stories-publisher-logo":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg",96,64,false],"web-stories-thumbnail":["https:\/\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/ydf.jpg",150,101,false]},"uagb_author_info":{"display_name":"Tara Michelle","author_link":"https:\/\/evokedigital.co.bw\/blog\/author\/tara\/"},"uagb_comment_info":0,"uagb_excerpt":"The Botswana Youth Development Fund (YDF) is a socio-economic programme for start-ups and expanding businesses that falls under the Ministry of Youth Empowerment, Sport and Culture (MYSC). YDF was introduced [&hellip;]","jetpack-related-posts":[{"id":2567,"url":"https:\/\/evokedigital.co.bw\/blog\/guides\/business-reserved-citizen-owned\/","url_meta":{"origin":2530,"position":0},"title":"Empowering Citizen Owned Business Is a Top Priority","author":"eVoke Digital","date":"July 29, 2021","format":false,"excerpt":"In a national plan to encourage and support Citizen owned business, the Trade Act has reserved for citizens of Botswana. One of the promises made by this Government to Batswana during the past elections is its unwavering commitment to citizen economic empowerment and Government is formulating a law on citizen\u2026","rel":"","context":"In &quot;Guides&quot;","block_context":{"text":"Guides","link":"https:\/\/evokedigital.co.bw\/blog\/category\/guides\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/salon.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/salon.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/salon.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2584,"url":"https:\/\/evokedigital.co.bw\/blog\/guides\/women-economic-empowerment\/","url_meta":{"origin":2530,"position":1},"title":"Focus on Botswana Women Economic Empowerment Programme","author":"Tara Michelle","date":"July 29, 2021","format":false,"excerpt":"Women Economic Empowerment in Botswana is led by through the Gender Affairs Department in The Ministry of Labour and Home Affairs, and administers a programme in which Funds are allocated to individual women shareholders, Women NGOs, Small Businesses and Women Community groups. Women focussed initiatives support the realisation that women\u2026","rel":"","context":"In &quot;Guides&quot;","block_context":{"text":"Guides","link":"https:\/\/evokedigital.co.bw\/blog\/category\/guides\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/women.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":2563,"url":"https:\/\/evokedigital.co.bw\/blog\/guides\/how-to-get-a-job-without-experience\/","url_meta":{"origin":2530,"position":2},"title":"Prepare properly to get a great job without experience","author":"Tara Michelle","date":"July 29, 2021","format":false,"excerpt":"You have worked hard and spent years getting your Degree and now it seems impossible to get a job without experience as you find many of the employers look for extensive experience. This can be frustrating. You would hope your years of studying count as experience. But, that is not\u2026","rel":"","context":"In &quot;Guides&quot;","block_context":{"text":"Guides","link":"https:\/\/evokedigital.co.bw\/blog\/category\/guides\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/work-exp.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/work-exp.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2021\/07\/work-exp.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":4543,"url":"https:\/\/evokedigital.co.bw\/blog\/guides\/best-insurance-companies-in-botswana\/","url_meta":{"origin":2530,"position":3},"title":"Top 10 best Insurance companies in Botswana","author":"eVoke Digital","date":"May 10, 2023","format":false,"excerpt":"Consumers have a variety of options to think about when selecting the best insurance companies in Botswana. Financial planning should include insurance since it offers security and protection to both individuals and organizations. It can be difficult to decide which insurance firms in Botswana offer the greatest goods and services\u2026","rel":"","context":"In &quot;Guides&quot;","block_context":{"text":"Guides","link":"https:\/\/evokedigital.co.bw\/blog\/category\/guides\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2023\/05\/The-top-10-Best-Insurance-Companies-in-Botswana.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2023\/05\/The-top-10-Best-Insurance-Companies-in-Botswana.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2023\/05\/The-top-10-Best-Insurance-Companies-in-Botswana.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2023\/05\/The-top-10-Best-Insurance-Companies-in-Botswana.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/evokedigital.co.bw\/blog\/wp-content\/uploads\/2023\/05\/The-top-10-Best-Insurance-Companies-in-Botswana.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4345,"url":"https:\/\/evokedigital.co.bw\/blog\/how-tos\/borrow-electricity-from-bpc\/","url_meta":{"origin":2530,"position":4},"title":"6 Easy step guide on how to borrow electricity from BPC","author":"eVoke Digital","date":"December 31, 2022","format":false,"excerpt":"There are times where you may need to borrow electricity from BPC (Botswana Power Corporation). 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