{"id":14047,"date":"2020-08-22T16:21:21","date_gmt":"2020-08-22T16:21:21","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=14047"},"modified":"2020-08-22T16:21:21","modified_gmt":"2020-08-22T16:21:21","slug":"ministry-announces-business-opportunity-for-youths-in-zanzibar","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/ministry-announces-business-opportunity-for-youths-in-zanzibar","title":{"rendered":"MINISTRY ANNOUNCES BUSINESS OPPORTUNITY FOR YOUTHS IN ZANZIBAR"},"content":{"rendered":"<p><strong>AfricaPress-Tanzania:<\/strong> IN efforts to curb unemployment burden in the country, Youths under the age of 35 years are being encouraged to innovate business ideas so that they can be supported technically and financially to develop.<\/p>\n<p>This was revealed here by Dr Ameir Haji Sheha- Director, Department of economic empowerment, Ministry of Labour, empowerment, Elderly people, Children and Women when officially launched the six month \u2018Business Innovation competition\u2019 project which ends on August 31, this year.<\/p>\n<p>\u201cYouth should utilize this opportunity, come-up with the best business ideas. We are ready to help you develop your idea,\u201d said Sheha as he thanked the Tanzania Commission for Science and Technology (COSTECH) &#8211; Tanzania for supporting the competition targeting the best five ideas.<\/p>\n<p>Speaking to journalists at a press conference held at the \u2018Zanzibar Technology &amp; Business Incubator (ZTBI)\u2019- Karume Institute Science and Technology (KIST), Mbweni area, Dr Sheha mentioned priority areas for competition are Technology, Agribusiness, Health and Education.<\/p>\n<p>He said that within the few days after his office announced the start of receiving business Ideas for competition, already at least 20 youth have submitted their proposals for selection of the best ideas that will be supported.<\/p>\n<p>COSTECH has set 50m\/- for the project. Ms Asha Najim Salum, one of the facilitators at the incubator said that women participation is strongly encouraged and that they have been running similar small projects at the ZTBI annually in which graduates from higher learning institutions submit their business ideas\/ proposed projects.<\/p>\n<p>\u201cThe best three out of the submitted business plans are approved and the innovators are trained and supported their ideas into operating small companies\/businesses. Many have benefited and some of them have succeeded in establishing admirable companies,\u201d Ms Salum said.<\/p>\n<p>Mr Haroun Mohamed- a graduate from the State University of Zanzibar (SUZA) \u201cWe are really happy with the business competition and the sponsorship by COSTECH, but only sponsorship to only five best ideas out of the many applicants are small.\u00a0The competition should target to support more youths with the best business plan.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AfricaPress-Tanzania: IN efforts to curb unemployment burden in the country, Youths under the age of 35 years are being encouraged to innovate business ideas so that they can be supported technically and financially to develop. This was revealed here by Dr Ameir Haji Sheha- Director, Department of economic empowerment, Ministry of Labour, empowerment, Elderly people, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":14027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[5434,5435,564],"class_list":["post-14047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-ameir-haji-sheha","tag-asha-najim-salum","tag-costech"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MINISTRY ANNOUNCES BUSINESS OPPORTUNITY FOR YOUTHS IN ZANZIBAR - Tanzania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/ministry-announces-business-opportunity-for-youths-in-zanzibar\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MINISTRY ANNOUNCES BUSINESS OPPORTUNITY FOR YOUTHS IN ZANZIBAR\" \/>\n<meta property=\"og:description\" content=\"AfricaPress-Tanzania: IN efforts to curb unemployment burden in the country, Youths under the age of 35 years are being encouraged to innovate business ideas so that they can be supported technically and financially to develop. 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