Umsobomvu Business Plan

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The challenge for UYF was how they could create hope without becoming unrealistic.

UYF could only refer young people to service providers.

This did not mean that they would subject themselves to local government and provincial government bureaucracy but UYF could rely on public works, for example, to give them tenders. Mr Kekana said that for UYF to make a meaningful change they needed to talk about bold figures.

He felt that the fund would be irrelevant unless it could grow on a larger scale.

MINUTES Umsobomvu Youth Fund presentation Mr Malose Kekana: Chief Executive Officer (CEO) of Umsobomvu Youth Fund (UYF) touched on the UYF's historical background and the challenges facing the youth of South Africa.

In the presentation Mr Kekana pointed out that their target group was largely the unemployed and they focused on the rural areas.

The Port Shepstone and Empangeni youth advisory centre has satellite offices and community youth service projects which focus on youth around the community and identifies bridging programmes for unemployed youth graduates. He explained that this card was not going to create jobs but it would enable youth to receive discounts and enable UYF to keep track of the youth, where they were living, what they were doing, and how to contact them.

Youth could give the Fund their details if they wanted to obtain the card.

Youth Entrepreneurship Mr Kekana explained that the youth entrepreneurship involved enterprise funding, business development services and support for micro finance projects facilitated by UYF.

The UYF contract the implementation of projects to service providers (Organisation Development Providers).

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