What does GYEEDA mean in YOUTH
GYEEDA is an acronym that stands for Ghana Youth Employment Entrepreneurship Development Agency. It is a public-private partnership set up by the Government of Ghana to create jobs for youth and improve the employment situation in the country. The initiative, which was launched in 2008, is aimed at providing employment opportunities for young people who do not have access to formal employment channels and who lack skills needed for them to become entrepreneurs. GYEEDA provides these youth with training and access to finance, as well as other resources that enable them to start their own businesses. GYEEDA also works with both local and international stakeholders to create more job opportunities for young Ghanaians.
GYEEDA meaning in Youth in Community
GYEEDA mostly used in an acronym Youth in Category Community that means Ghana Youth Employment Entrepreneurship Development Agency
Shorthand: GYEEDA,
Full Form: Ghana Youth Employment Entrepreneurship Development Agency
For more information of "Ghana Youth Employment Entrepreneurship Development Agency", see the section below.
What Does GYEEDA Stand For?
GYEEDA stands for the Ghana Youth Employment Entrepreneurship Development Agency. It is a multi-sectoral organization created by the Government of Ghana in 2008 with the aim of creating jobs and providing livelihoods for youth who are excluded from formal employment channels due to limited skills or access to finance. The agency works in collaboration with local and international stakeholders such as private sector companies, government ministries, non-governmental organizations, communities and universities, among others, to empower young Ghanaians through training programs and financial support designed to equip them with necessary skills that will help them become successful entrepreneurs.
What Are The Goals Of GYEEDA?
The primary goal of GYEEDA is to reduce youth unemployment in Ghana by creating job opportunities that are tailored towards empowering young people with limited resources. To accomplish this goal, the program focuses on four areas which include: providing vocational training; increasing access to finance; improving the capacity of small scale enterprises; and creating an enabling environment through developing entrepreneurship policies. Through these initiatives, GYEEDA aims to help bridge gaps between education systems in Ghana so that graduates can find meaningful work even after leaving school or university. Furthermore, it seeks to encourage innovation among youth so they can create sustainable incomes using their own individual talents or ideas without depending on external sources of funding or patronage.
Essential Questions and Answers on Ghana Youth Employment Entrepreneurship Development Agency in "COMMUNITY»YOUTH"
What is Ghana Youth Employment Entrepreneurship Development Agency?
Ghana Youth Employment Entrepreneurship Development (GYEEDA) is an agency created by the Government of Ghana to promote youth entrepreneurship and employment opportunities. GYEEDA works to establish a sustainable youth employment and entrepreneurship eco-system that encourages and supports high potential business ideas. GYEEDA provides technical expertise and access to capital, as well as facilitates access to market for these businesses.
Who can benefit from GYEEDA?
GYEEDA is designed to benefit unemployed and underemployed youth aged 15 - 35 years in Ghana. This includes young entrepreneurs, start-ups, existing MSMEs as well as post-secondary/polytechnic graduates who have not been able to find gainful employment
How does GYEEDA work?
GYEEDA works with both public and private sector partners in order to develop successful life-changing entrepreneurship programs for seasonally or chronically underemployed young people. The primary goal of GYEEDA is to provide access to skills development, mentorship, financial services, investment capital, incubation hubs, market access and networks in order to empower young entrepreneurs across the nation
Final Words:
GYEEDA was established with a vision of creating jobs and livelihoods for young people in Ghana who are not able access traditional employment channels due lack of skills or resources. The agency carries out various activities such as skill development programmes, mentoring support services and access microfinance capital so that unemployed youth can start their own businesses. As part of its mission statement, GYEEDA also seeks develop an enabling environment through policy development so that these new business owners have favourable conditions under which they can operate their ventures sustainably.