YOUTH STARTUP PROJECTS IN DRAKHAN TO GET SUPPORTS

Darkhan-Uul /MONTSAME/ The GFA Consulting Group is implementing a project named ‘Youth Employment Promotion’ in Darkhan-Uul aimag for the second year with the funding of the Swiss Development Agency. The project aims to help youth launch a startup, encourage to expand their startup, organize training to improve their business knowledge, give information and increase youth engagement in startups. A project training for youths has kicked off. Over 100 youths aged 15-34 were registered, of whom 64 selected to participate in the 54 hour-training. Before the completion of the training, the youths will make presentations on their own projects and the winner will receive non-refundable prize amounted to MNT 10 million while runner ups will be able to get loan equals to MNT 10 million without any interest and collateral for three years. In last year, bee farming project was selected as the best project and funded with MNT 10 million. E.Altanzul