19th July 06:08 AM
The Young Entrepreneurship Scheme to be implemented
By Lena Reece
Monday 07/08/2017
Faiyaz Koya

A new project will be implemented by the Ministry of Industry, Trade and Tourism called the Young Entrepreneurship Scheme or "YES".

The Young Entrepreneurship Scheme is intended to promote and harness the talents of young Fijian entrepreneurs to become 'job creators' rather than be fated to being 'job seekers'.

Minister Faiyaz Koya says government will fund up to a maximum of $20,000 to successful young budding Fijian entrepreneurs between the ages of 18 and 30 years, to develop or expand their innovative business ideas.

Speaking at the Fiji Tourism Powerhouse Training in Suva today, Koya says the training will provide a platform to current and potential entrepreneurs to either grow or start their individual businesses for innovation and "out of the box" thinking.

Koya also highlighted that since the inception of the Micro and Small Business Grant in 2015, it has attracted over 50,000 applications from individuals from all sectors, including tourism.

The workshop is facilitated by New Zealand based Learn fast Centre with key topics covering branding and marketability, tourism trends, increasing business profits, tourism marketing on small budgets, sustainable 'best practices' for small business; and crisis and risk management and will conclude tomorrow.

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