[Banjul, 23 June 2022] NACCUG and the International Trade Centre (ITC) wish to inform the public and all prospective TVET mini-grant applicants that applications for the TVET Grant is closing on 24 June 2022.
The TVET Mini-Grant was launched in February 2022 with the objective of supporting 200 graduates from technical and vocational training programmes to establish their own businesses. This initiative has been met with great demand. To date, NACCUG has received more than 400 applications to this support. More than 150 applications have already been approved.
The TVET Mini-Grant is an initiative of the “Activating Skills and Employment Opportunities” project, implemented by ITC and funded by the German government through the Programme Migration for Development (PME). The PME is commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeot (GIZ) GmbH. The programme is part of the BMZ Programme “Returning to New Opportunities” (PPH) and aims to improve the prospects of economic and social participation for returnees and the local population in 12 partner countries.
About the Activating Skills and Employment Opportunities Project
The Activating Skills and Employment Opportunities Project aims to create income and employment opportunities for Gambians including returnees by fostering self-employment through access to finance and business development support and increasing employability through apprenticeships and on the job training. The scope of the project’s technical assistance focuses on enhancing financial and business development capacities of MSMEs, improving and formalizing apprenticeships for youths and enhancing practical skills and cash-for-work opportunities. The target beneficiaries are youth and women of The Gambia.
About NACCUG
NACCUG, the apex body for all credit unions in The Gambia, was formed in 1991. It aims at promoting and supporting the development of viable Credit Unions through sound and market-based business strategies. It works to develop and make available the best financial and non-financial services to its members at reasonable cost and to fight poverty as a model financial co-operative.
About ITC
The International Trade Centre (ITC) is a joint agency of the World Trade Organization and the United Nations. ITC works to assist small and medium-sized enterprises in developing and transition economies to become more competitive.
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