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OAK Foundation is pleased to announce the inception of its recent project with support from the German Agency for International Cooperation (GIZ). The project, which is called GIZ-OAK Youth-Enterprise Incubator Program for Returning Migrants & Unemployed Persons (YEIP), is part of the Returning to New Opportunities Program of the German Federal Ministry for Economic Cooperation and Development. The project seeks to contribute to the reintegration of 200 returning migrants and unemployed young persons into their communities by nurturing micro-enterprises and attaining sustainable incomes. The project targets individuals within the Greater Accra, Ashanti, Western, Western North, Bono East, Ahafo, and Bono Regions. The YEIP will be implemented throughout 2021.
The YEIP will support the youth in the targeted communities to set up small enterprises in the agribusiness and vocational sectors. Through the project, OAK Foundation and its partners hope that the beneficiaries would earn decent incomes and secure their livelihoods.
Specific support interventions under the project would include:
- Seminars to showcase opportunities in the agribusiness and vocation sectors for sustainable youth employment;
- Intensive technical and enterprise management skills training;
- Placement in short-term internships and apprenticeships;
- Provision of agribusiness and vocational enterprise start-up kits to beneficiaries;
- Provision of mentoring and advisory services to beneficiaries to make their enterprises profitable and sustainable.
Speaking at the contract signing ceremony and inception meeting with GIZ management in Accra, Ms. Portia Agyei Yeboah, the Managing Director of OAK Foundation, expressed gratitude to GIZ for the collaboration and support culminating in the take-off of the project. She pledged OAK Foundation’s commitment to implementing the YEIP effectively to achieve the project’s development objectives. Ms. Yeboah further expressed the hope that when the project ends, the country will see a new crop of returning migrants and unemployed youth who have set up viable enterprises and reintegrated successfully into their communities.