6 young Region 2 entrepreneurs receive $6M in grants
Six operators of small businesses in Region Two (Pomeroon-Supenaam) have each received $1 million as part of the Youth Entrepreneurship and Mentorship Programme facilitated by the Culture, Youth and Sport Ministry (MCYS).
The delivery of their grants was done in a ceremony held on Tuesday in the Regional Democratic Council’s (RDC’s) boardroom.
While delivering remarks on behalf of Culture, Youth and Sport Minister Charles Ramson Jr, Hyma Joseph said the cash was distributed so that the beneficiaries could commence or expand their businesses.
The six beneficiaries of the small business grant of $1 million from the Youth Entrepreneurship and Mentorship Programme
Elaborating on the Mentorship Programme, Joseph said the MCYS has partnered with the Essequibo Chamber of Commerce and Industry (ECCI) in order to create an incubator system to check on each business that receive the grants.
“The Chamber of Commerce usually consists of businesses, and so we believe that these successful businessmen and women can share their ideas and their best practices…there will be the best breeding system for your small businesses being now created and now expanding.” Joseph said.
She told the youths that the grant is a temporary fix to their personal mission, but it is a start for them to become their own bosses. She also took the opportunity to wish the young entrepreneurs the best of luck in starting and expanding their businesses, and advised that they use the money wisely on their businesses.
One of the beneficiaries, Amanda Edwards, thanked the MCYS for facilitating the grant. “I always want to open my own business and become my own boss, but at the said time, I didn’t have the funds to start up… However, I am thankful that the Ministry had launched the Entrepreneurship and Mentorship Programme, which I followed and submitted a proposal. Here I am today as a beneficiary…
“I would like to thank the Ministry for such grant, as it would assist me tremendously in finally opening my own business.”
Tatyanna Moore, a young entrepreneur who sells miracle oil, also took the opportunity to thank Minister Ramson and his team for such a timely donation. She said the money would assist her greatly in expanding her business. (G14)
