20 million dalasis International Trade Centre (ITC) funded employment fund to
increase technical and vocational skills training opportunities for Gambian
youth and women have been launched at a local hotel in Bakau, on Thursday.
The centre also opened the second phase of Skills for Youth Employment (SkYE) funded for application from interested training institutions, private sector companies and industry associations to provide training, employment and finance to support the growth of youth
The SkYE fund and the Jobs, Skills and Finance for Youth and Women (JSF) are initiatives of the Youth Empowerment Project (YEP). The first round of the SkYE fund started in 2018 and enrolled over 900 young Gambians in technical skills training programmes. It is a result-based competitive funding model that ensures the importance of linking skills training programmes with employment or self-employment outcomes.
Results-based funding approaches to implement TVET programmes is widely recognised to be a success in creating employment for young people in countries with large informal sectors and micro businesses.
Officials say a total financial volume of USD 395,000, approximately 20 million dalasis is available, which will be provided to Technical and Vocational Education Training (TVET) institutions, local private sector companies and industry associations to train Gambian youth in the skills needed in the labour market.
According to ICT officials, disbursement of funds will be carried out in a systematic manner while promoting transparency, policy alignment and innovation in training delivery in The Gambia.
The expression of interest for the fund is open until the 30th of June 2019. All interested Gambian institutions are invited to check. “Applicants for the SkYE fund will have to show evidence of employer support for proposed training programmes and how the curriculum meets the skills shortages.”