NYC launches ‘Badir’ scheme to pro­mote en­trepreneur­ship

Muscat Daily - - NATION -

Mus­cat - The Na­tional Youth Com­mis­sion (NYC), in col­lab­o­ra­tion with Riyada, an­nounced the launch of ‘Badir’ scheme for en­trepreneur­ship. The project is part of the strate­gic project ti­tled ‘Eco­nomic Em­pow­er­ment’, which was launched by NYC in the third pe­riod.

The Badir scheme aims at in­creas­ing the num­ber of suc­cess­ful en­trepreneur­ship projects owned and man­aged by youths. It also aims at rais­ing aware­ness on the im­por­tance of en­trepreneur­ship projects.

Those in-charge of the project seek to achieve a num­ber of out- puts that in­clude con­duct­ing an­a­lyt­i­cal study for the en­trepreneur­ship sec­tor, as­sess­ing how far youths ben­e­fited from it and iden­ti­fy­ing means to de­velop the sec­tor.

Data of the Na­tional Cen­tre for Sta­tis­tics and In­for­ma­tion es­ti­mate that con­tri­bu­tion of the SMEs sec­tor to the sul­tanate’s GDP stood at 14 per cent as of mid 2014.

The scheme will train 80 youths on en­trepreneur­ship, in co­op­er­a­tion with or­gan­i­sa­tions in­volved in pro­mot­ing en­trepreneur­ship. The project will also sub­sidise set­ting up ten en­trepreneur­ship projects for youths.

The ap­pli­ca­tion form for train­ing is avail­able on the com­mis­sion’s web­site www.nyc.om and its so­cial me­dia chan­nels.

The scheme aims at in­creas­ing projects owned and man­aged by youths

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