#Youth Forum

GYCC to spur Gambian young entrepreneurs

Feb 6, 2024, 12:15 PM

The Gambia Youth Chamber of Commerce (GYCC) is set to render support to young Gambian entrepreneurs.
The chamber has plans to help 500 young people with start-ups or small businesses by the end of the year, as  it continues to offer training and promote businesses of young people.

The chamber has also conducted training for 100 youths at the President’s International Awards Scheme as part of their target to reach out to 100 young entrepreneurs in three months.

“The focus now is to reach out to another hundred or more in the next few months, focusing on marketing, product development, branding and the use of social media as a tool to connect with customers,” the chamber stated.

“The institution does not only provide training, it also provides mentorship to students as well as lobby funds and mini-grants for young people.

“The role of members of the mini-grant committees is to ensure that the grants are accessible to young people.”

The GYCC collaborates with partners like the Youth Empowerment Project (YEP), Start up Incubator, Global Youth Innovation Network and EMPRETEC to provide more opportunities for young people.

“GYCC will provide booths free of charge for young people to sell their products and establish contact with the business community during trade fairs,” it says, adding that the chamber has also successfully registered dozens of young people who are now thriving on their own.

Since its establishment in 2016, sixty young people have registered their businesses, and the registration fee is only D500.

In addition, the GYCC  has helped 33 or more businesses to set up in other parts of the country. These exclude numerous schools that visit them for mentoring.

The initiative and venture discourages young people from taking the dangerous back way to Europe and encourages them to venture into the poultry business.

“The back way is not the way; we will urge them to try poultry, for example, and it is very lucrative these days, as now a crate of egg is sold at lucrative price. So if one is able to get 500 birds, they can earn more money,” the GYCC stated, adding: “Food processing too is another venture, likewise printing, eco-tourism and agribusiness.”

The GYCC also joined the rally calling on stranded migrants to return home and tap into the available opportunities in the country.

It added that travelling to Europe through the back way is costly and does not worth it, saying conditions in the camps in Europe, where most migrants end up, are not good.