Government Accelerates Youth Economic Empowerment Through Second Phase of NYOTA Project Disbursement
The Government has commenced the second phase of disbursement under the National Youth Opportunities Towards Advancement (NYOTA) Project, reinforcing its commitment to expanding economic opportunities for young people through entrepreneurship, enterprise development and job creation under the Bottom-Up Economic Transformation Agenda (BETA).
The nationwide exercise was launched simultaneously across all 17 cluster regions, with H.E. President Dr. William Samoei Ruto officiating the national rollout at the Ulinzi Sports Complex in Nairobi..
This phase of the programme will benefit 122,203 young entrepreneurs through a total investment of KSh 3.055 billion. The funding will enable young people to establish new enterprises, expand existing businesses and create employment opportunities within their communities, underscoring the Government's commitment to inclusive economic growth and youth-led development..
Beyond financial support, the NYOTA Project equips beneficiaries with entrepreneurship training, business development services, mentorship and access to Government opportunities, enabling young entrepreneurs to build sustainable enterprises, strengthen their business management capacity, improve market access and create jobs..
By investing in youth-led businesses, the Government seeks to harness the creativity, innovation and resilience of Kenya's young population while accelerating the country's socio-economic transformation..
In the South Rift Cluster, Principal Secretary for Parliamentary Affairs, Dr. Aurelia C. Rono, joined Cabinet Secretaries Davis Chirchir and Soipan Tuya, Principal Secretaries Dr. Kiprono Rono and Julius Korir, Kericho County Governor Dr. Erick Mutai, Members of Parliament, county leaders and other stakeholders during the regional disbursement ceremony held at Bomet Stadium..
The South Rift Cluster, comprising Bomet, Kericho and Narok counties, received KSh 166.375 million, which will support 6,655 young entrepreneurs as they establish, strengthen and expand their businesses while contributing to regional economic development..
The participation of leaders from both the national and county governments during the nationwide rollout underscored a shared commitment to ensuring that the benefits of the programme reach deserving young people across every region of the country, reaffirming the Government's resolve to empower youth as key drivers of Kenya's economic future..
The State Department for Parliamentary Affairs reaffirmed its support for Government initiatives that promote inclusive development and youth empowerment, noting that investments in youth-led enterprises are critical to driving economic growth, creating employment opportunities and advancing the Bottom-Up Economic Transformation Agenda..
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