MORE than 450 young entrepreneurs from Harare’s Dzivarasekwa suburb are set to benefit from a youth empowerment initiative aimed at changing lives in townships and rural economies.
The initiative, being implemented by National Venture Capital Company of Zimbabwe (NVCCZ) is aimed at financing businessesThe initiative, being implemented by National Venture Capital Company of Zimbabwe (NVCCZ) is aimed at financing businesses, while building a culture of entrepreneurship, job creation, poverty reduction and transformation of communities through youth-led initiatives.
“I am happy we have ben empowered as youth. I have a poultry business and I see myself becoming a big poultry producer. We thank government for this initiative.
“I want to thank the government and NVCCZ for this opportunity. I have a braai project which can be the next big thing. My community and society will benefit from this and it can bring a lot of people to this area through the project,” beneficiaries said.
The programme is giving young people practical skills through incubation and training, helping them turn simple ideas into sustainable enterprises.
“Through the Dzikwa Trust, 450 students, youths from the area, have business proposals that they came up with and they went through training. What we are doing as a National Venture Capital Company is assisting them to commercialise those projects into proper business units. We are answering the President’s call to support village and high-density business units. The youth are the future, and we need to invest in them for us to have a brighter future and grow the nation going forward,” NVCCZ’s Chief Executive Officer, Mr Tino Kambasha noted.
The government says the initiative reflects the President’s vision to decentralise opportunities and ensure that no young person with talent is left behind.
“It is from His Excellency’s vision and realisation that as much as talent may be spread evenly by God, sometimes opportunities are concentrated
Through the National Venture Capital Company, the government is decentralising opportunities to young Zimbabweans, nurturing and commercialising their ideas, so they can create jobs and transform communities,” the Deputy Minister of Finance, Economic Development and Investment Promotion, Honourable Kudakwashe Mnangagwa said.
The initiative, which started in Dzivarasekwa is set to spread across the country, putting Zimbabwe’s youths at the centre of economic growth
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