{"id":7900,"date":"2020-06-23T15:35:51","date_gmt":"2020-06-23T13:35:51","guid":{"rendered":"https:\/\/www.yfm.co.za\/devworld\/?p=7900"},"modified":"2020-06-23T15:35:51","modified_gmt":"2020-06-23T13:35:51","slug":"nyda-funds-1000-businesses-in-100-days","status":"publish","type":"post","link":"https:\/\/www.yfm.co.za\/devworld\/2020\/06\/23\/nyda-funds-1000-businesses-in-100-days\/","title":{"rendered":"NYDA funds 1000 businesses in 100 days"},"content":{"rendered":"<p>In February, during the State of the Nation address, President Cyril Ramaphosa looked into South Africa&#8217;s past and spoke to its future. He talked at length about <a href=\"https:\/\/www.parliament.gov.za\/state-nation-address-president-cyril-ramaphosa-13-february-2020\">fixing the country&#8217;s fundamentals<\/a>, the necessity of inclusive growth, critical actions to be taken this year to build a capable state and place the economy on the path to recovery and ensuring the excellence in planning and execution in government.<\/p>\n<p><strong>&#8220;We are confronted by the crisis of youth unemployment. Of the 1.2 million young people who enter the labour market each year, approximately two-thirds remain outside of employment, education or training.&#8221;<\/strong><\/p>\n<p>President Ramaphosa reiterated and went further to state that more than half of young South Africans are unemployed.<\/p>\n<p>As a part of the government&#8217;s intervention, The National Youth Development Agency and the Department of Small Business Development were tasked to equip 1000 young entrepreneurs.<\/p>\n<p><strong>&#8220;In high school we weren&#8217;t really taught about the importance of ownership, owning your business, owning your brand, and building things that will last 100 years from now.&#8221;<\/strong><\/p>\n<p>Akani Khensani Matjokana, founder of Afro Dandyisma and a 19-year-old beneficiary of the project, spoke to Khutso Theledi on #KrunchWithKhutso about the funding he received from the NYDA and how it impacted his business.<\/p>\n<p>Matjokana also said it took about 4-6weeks to get a response, but prior to that, he had to attend a 5-day course by the NYDA to help them understand the operations of a business, contracts and the fundamentals of running a business.<\/p>\n<p>Listen here for more on what the NYDA can do for you:<\/p>\n<p><iframe src=\"https:\/\/streaming.fabrik.fm\/fabrik\/echocast\/player\/rewind-single\/player.html?id=911bf04b-f407-4d12-bf38-f5392b28d26c&#038;web_url=https:\/\/echocast.fabrik.fm\/rp4m807QDXWq1n&#038;podcast_id=055064d8-2de5-4398-bf37-6b6abcade987\" width=60% height=180px frameborder><a>Podcast stream by Fabrik.fm<\/a><\/iframe><\/p>\n<p>Click <a href=\"http:\/\/nydawebsite.azurewebsites.net\/1000-youth-owned-enterprises-in-a-100-days\">here<\/a> for more on how you can receive business help and funding from the NYDA<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In February, during the State of the Nation address, President Cyril Ramaphosa looked into South Africa&#8217;s past and spoke to its future. He talked at length about fixing the country&#8217;s fundamentals, the necessity of inclusive growth, critical actions to be taken this year to build a capable state and place ...<\/p>\n","protected":false},"author":2,"featured_media":7904,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[96],"tags":[842,223,843,520,844],"class_list":["post-7900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-entrepreneurs","tag-funding","tag-national-youth-development-agency","tag-nyda","tag-youth-unemployment"],"jetpack_featured_media_url":"https:\/\/www.yfm.co.za\/devworld\/wp-content\/uploads\/2020\/06\/Untitled-3.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/posts\/7900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/comments?post=7900"}],"version-history":[{"count":0,"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/posts\/7900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/media\/7904"}],"wp:attachment":[{"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/media?parent=7900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/categories?post=7900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yfm.co.za\/devworld\/wp-json\/wp\/v2\/tags?post=7900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}