This study sought to establish the role of the youth enterprise development fund yedf on mses growth. In contrast, some youth funds, however, have been set up without largely focusing on entrepreneurship development. According to durham, deborah 2000, the concept youth is a social shifter, it is a relational concept. The youth enterprise development fund yedf is state corporation. Pdf effect of the youth enterprise development fund on. Youth industries any income generating project initiated and implemented by a group of five 5 to ten 10 young people who have pooled their knowledge and skills to embark on mass production. Effect of the youth enterprise development fund on youth enterprises in kenya. Pdf youth enterprise development fund yedf and growth of. Youth, training, youth enterprise development fund, unemployment. Youths and youth enterprise development fund yedf the youth in malawi constitute over 60% of the population. The company was established through legal notice no. Pdf youth enterprise development fund yedf and growth. The youth entrepreneurship data system and research programme will assist with the monitoring and evaluation of this. Access to finance and business development and support services provides growth opportunities for the businesses.
The youth enterprise development fund yedf was instigated to ensure that a specific portion of the government annual ordinary revenue is devoted to the constituencies for the purpose of. It was established in year 2006 as one of the strategies of addressing the challenge of youth unemployment in kenya. It was gazetted on 8th december 2006 and then transformed into a state corporation on 11th may 2007. Pdf this article questions the effectiveness of the kenyan youth enterprise development fund yedf. Pdf does kenyas youth enterprise development fund serve. European journal of social sciences, arts and humanities, 2 2, 111. Yeds youth enterprise development strategy yes youth enterprise strategy. The provision of funds by the tanzania economic empowerment fund eef and the. Role of youth enterprise development fund in curbing youth unemployment in kenya.
Youth enterprise development fund wedf background the youth enterprise development fund yedf was introduced in 2006 as part of the governments response to high levels of unemployment amongst young people in kenya. In most cases, the malawi youths have been used by political leaders. Youth enterprise development fund board direct funding region. The youth enterprise development fund is a state corporation under the ministry of public service, gender and youth affairs. Effect of the youth enterprise development fund on youth. The eswatini youth enterprise revolving fund yerf eswatini youth enterprise revolving fund yerf is a category a parastatal that was established by the government of the kingdom of swaziland in 2009 in response to the vision of his majesty king mswati iii. The study location was in siaya county, kenya and stratified random sampling was used to select 28 financiers of yedf and 202,897 youths in the county. Youth development fund ydf for setting up enterprises has been directed. Pdf effect of the youth enterprise development fund on youth. The fund is one of the flagship projects of vision 2030, under the social pillar. Recipientbeneficiaries youth who has been funded under the youth development fund. This study sought to determine the effect of the youth enterprise development fund yedf on youth enterprises. Youth fund application form fill online, printable, fillable, blank.
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