Funding Opportunities From SIDO & Mzumbe | Mitaji Kwa Vijana

Exciting Opportunity for Youth Entrepreneurs in Tanga Region: Crowd Funding for Youth Entrepreneurship

Introduction:

SIDO, in collaboration with Mzumbe University and Copenhagen Business School (CBS), is implementing a groundbreaking project to empower young entrepreneurs in Tanzania's Tanga Region. The initiative, called Crowd Funding for Youth Entrepreneurship in Tanzania (C4YET), aims to equip youth with the necessary skills and access to global financial platforms to secure funding for their businesses. This blog post provides valuable information on the eligibility criteria and how interested individuals can seize this opportunity.

Opportunity for Youth:

SIDO, along with its esteemed partners, is offering a limited opportunity to 50 young entrepreneurs in the Tanga Region. These aspiring entrepreneurs will receive support and guidance to secure funding through crowd funding, a popular method of raising capital through collective contributions from individuals worldwide.

Eligibility Criteria:

To be considered for this exciting opportunity, interested individuals must meet the following eligibility criteria:

1. Age: 

Applicants must be between 18 and 35 years old, ensuring that the program focuses on the youth segment, where innovation and entrepreneurship thrive.

2. Business Ownership: 

Candidates must have an existing business or a well-defined business idea, demonstrating their commitment to entrepreneurial ventures.

3. Bank Account: 

Applicants should possess a valid bank account to facilitate financial transactions and receive funds if selected for funding.

4. Email Address: 

An active email address is required for communication purposes throughout the application and selection process.

5. Smartphone: 

Access to a smartphone is necessary as it enables participants to engage with online platforms and resources effectively.

6. National Identification Number: 

Applicants must possess a valid National Identification Number issued by the National Identification Authority (NIDA), ensuring their legal status and identity verification.

7. English Proficiency: 

Basic proficiency in reading, writing, and speaking English is essential to effectively interact with international stakeholders and utilize available resources.

8. Residency: 

Candidates must be residents of the Tanga Region, emphasizing the commitment to fostering entrepreneurship within the local community.

Application Process:

Interested individuals who meet the eligibility criteria are encouraged to contact Gladness Foya at 0652515131 for registration. The deadline for registration is May 29, 2023. Please note that only the first 50 qualified applicants will be selected for participation.

Conclusion:

The Crowd Funding for Youth Entrepreneurship project spearheaded by SIDO, Mzumbe University, and Copenhagen Business School offers an excellent opportunity for young entrepreneurs in the Tanga Region to access global funding platforms and enhance their business prospects. By fulfilling the eligibility criteria and actively participating in this program, youth can unlock their entrepreneurial potential and contribute to the economic growth and development of the region. Don't miss this chance to turn your business dreams into reality! Contact Gladness Foya today to register and embark on an exciting journey of entrepreneurial success.