UNDP supports young entrepreneurs in five municipalities

Economic governance
Wednesday, 02 September 2020 12:04
UNDP supports young entrepreneurs in five municipalities

(Togo First) - In Togo, UNDP launched a call for investment projects with high potential for the economic empowerment of women and young entrepreneurs.

Targeting young and female entrepreneurs in the municipalities of Agou 1, Oti 2, Agoènyivé 5, Kozah 2, and Lacs 1, the program aims to eventually generate benefits for the local communities mentioned. The projects, the UNDP emphasized, must benefit the target populations financially and empower them by promoting access to the local market.

Projects submitted should focus on creating jobs and stable incomes for local people and institutions.

To this end, the UNDP and UNCDF intend to establish a partnership with one or more financial institutions (banks or microfinance institutions) with good national coverage. This partnership will in turn lead to the creation of a facility dedicated to the financing of productive projects, in line with the priorities of municipalities.

Interested candidates (young/women entrepreneurs or financial institutions) must submit their projects by September 13th.

Séna Akoda

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