Umsobomvu Youth Fund Annual Report 2006 - Nyda

performancefor yearunder reviewSkills Development and Transfer (SD&T) DivisionSD&T Division includes the School-to-Work Unit and the National Youth Service Unit. The vision for the Division is to facilitate accessof unemployed youth to economic opportunities through SD&T Programmes in the sectors of economy that have the potential toabsorb labour or to create self-employment opportunities.Strategy Impact or targets PerformanceDeveloping and implementing innovativeskills development interventions thatpromote self-employment and formalemployment in scarce skills areas(School-to-Work)Developing and implementing innovativeskills development interventions thatpromote self-employment and formalemployment where there is a serviceimperative (National Youth Service)Supporting the operations of theNational Youth Service Unit• 3 250 young people access theprogrammes and earned a livelihood• 10 000 young people access theprogrammes and earned a livelihood• 10 000 young people registered• 30 SPO have received UYF training2 889 young people access theprogrammes and earned a livelihood5 944 young people access theprogrammes and earned a livelihood• 13 087 youth registered and trained• 30 SPO’s trainedBusiness Development Support (BDS) ProgrammesBDS’s vision is to develop and enhance a culture of entrepreneurship and creation of sustainable youth-owned enterprises, through twoprogrammes – Entrepreneurship Education (programmes that target in-school youth) and the Business Development Voucher Programme TM(BDVSP). The BDVSP is a world-first electronic voucher programme of its kind, providing business support services to young entrepreneursthrough UYF-accredited service providers. The 2005/2006 year saw two new programmes introduced to the Youth Development Sector, theBusiness Opportunities Services Support (“BOSS”) programme and the Youth Entrepreneurship 2010 Campaign.Strategy Impact or targets PerformanceEntrepreneurship Education providesopportunities for youth to mastercompetencies related to coreentrepreneurial knowledge, skills,attitudes and practice thereby increasingentrepreneurial culture and contributingto economic development andsustainable communities.• 500 delegates at Youth Conference• 1 000 business referrals to be madeand 20 UYF entrepreneurs to beprofiled and supported• 7 200 participated in entrepreneurshipprogrammes• 360 trainers to be trained• 90 schools in six provinces• 360 learners at Biz camp• 123 teachers/facilitators to be trained• 1 100 businesses to be started• 1 650 jobs to be created• 1 100 successful referrals to bemade to relevant businesssupport programme• 5 NVCL colleges and 500 learners• 576 delegates attended theentrepreneurship conference• 1 100 young people participatedin awareness workshops• 5 000 young people trained inentrepreneurship• 30 schools in three provinces wereinvolved in the entrepreneurshipeducation programme• 40 facilitators underwent a train-thetrainercourse• 70 learners attended Biz camp• 123 teachers facilitators weretrained on the facilitation ofentrepreneurship material• 3 FET colleges implemented NVCLwith 69 learners participatingUmsobomvu Youth Fund 2006 Annual Report6Business Development Support:Provision of business developmentservices to potential and existing youthentrepreneurs for business creation,improvement and growth through thevoucher system; facilitation of businessopportunities and business mentorshipYouth Entrepreneurship 2010 Campaign:A national collaborative effort of youthbusiness organisations and otherstakeholders to create awarenessand increase the level of totalentrepreneurship activity among SouthAfrican youth by 2010.• 13 325 young entrepreneurs assisted– 11 800 voucher recipients– 200 BOSS clients– 1 235 Finance Mentorship clients• 1 235 jobs created throughmentorship support• 230 businesses started• 36 entrepreneurial awarenessworkshops were conducted• 1 800 delegates participating inawareness workshops• 5 608 voucher recipients• 4 069 enterprises started/assisted• 6 851 jobs created/sustained• R34m in loans accessed• R37,9m in tenders were awarded• 38 workshops were held• 5 910 delegates attended