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Consultation Helps Students Get Direct Responses

Students of the University of the South Pacific (USP) Labasa Campus were happy with the Young Entrepreneurship Scheme consultation that was held at the Campus yesterday. Minister for Industry, Trade,
30 Mar 2018 10:43
Consultation Helps Students Get Direct Responses
Minister for Industry, Trade, Tourism, Lands and Mineral Resources, Faiyaz Koya (centre) with the Young Entrepreneurship Scheme - Start Your Business with University of the South Pacific (USP) Labasa Campus students and participants during the consultation on March 29, 2018. Photo: Wati Talebula

Students of the University of the South Pacific (USP) Labasa Campus were happy with the Young Entrepreneurship Scheme consultation that was held at the Campus yesterday.

Minister for Industry, Trade, Tourism, Lands and Mineral Resources, Faiyaz Koya conducted the consultation said young people have great ideas.

“I encourage you to be job creators and not job seekers,” Mr Koya said.

“We have found that our youths are a treasure for us, because they have shown a lot of skills and creativity in many fields.”

A total of $2 million is allocated for the Young Entrepreneurship Scheme (YES).

It takes two weeks for the application to be processed.

Savita Devi who is pursuing her Diploma in Office Management at USP said the consultation was an eye opener for her.

“The consultation was interesting because different ideas came up and this is the scheme needed for our generation,” the 26-year-old said.

“This is one way we can eradicate poverty. It is good that the Minister in charge of the ‘YES’ grant came to the North and was the one who conducted the consultation because we could get answers from him.”

Another student, Tevita Roqica, an environment Science student at USP said the scheme was one way to give opportunities for unique ideas to be addressed.

“Young people have different ideas and this scheme will enable them to put their ideas into action which will help with the revenue of the country,” the 22-year-old said.

“Now after the consultation students will come up with ideas that are good for YES.”

The YES scheme was announced in the 2017-2018 National Budget.

The scheme is to encourage young Fijians to be ‘job creators’ rather than ‘job seekers.’

A maximum of $20,000 is given to each successful applicant.

The purpose of the scheme is to provide the grant to young and budding entrepreneurs with innovative and bankable ideas.

Another purpose is to address market failures due to financial institutions’ reluctancy to provide start-up capital for young entrepreneurs.

Feedback:  wati.talebula@fijisun.com.fj

 

 

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