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ILO invests KES 48 m to boost SME’s

30 March 2012, 10:39 Alfred Ng'ang'a

Nairobi - The International Labour Organization’s (ILO) Youth Entrepreneurship Facility (YEF) has stepped up its program to tackle youth unemployment through the roll-out of an integrated business skills training programme.

ILO - YEF will invest some KES 48 million to boost business management skills to potential and existing entrepreneurs at the Small and Medium Enterprise level through its flagship Start & Improve Your Business (SIYB) programme.

The SIYB programme supports emerging and existing micro- and small-scale entrepreneurs to develop and strengthen their basic business management skills for better business performance and profitability.

Through this training programme, YEF aims to support young women and men establish and manage sustainable enterprises.

“We’re aiming to reach at least 15,000 young women and men across Kenya with this training programme in the next three years,” Waigi explained.

To kick-start the initiative, the Youth Entrepreneurship Facility has undertaken training for trainers and Master Trainer’s SIYB programme. In 2011, the Youth Entrepreneurship Facility began a process of training new trainers across Kenya to deliver business training to entrepreneurs.

This process is culminating with the certification of the first group of trainers to successfully meet the criteria of the ILO in delivering the training programme. A total of eight SIYB Master Trainers, who oversee the delivery of the programme on a national level, and 34 SIYB Trainers will be certified.

Waigi added: “Strengthening and growing the small enterprise sector across Kenya plays a vital role in economic growth. It also responds to the unemployment challenge - creating an environment for the creation of more and better employment for young people.”

- News24 Kenya


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