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NYDAs support to starting Businesses
The National Youth Development Agency (NYDA) offers many services to starting or existing businesses:
- Business Consulting Services Voucher: These are services designed to help youth-owned business set up, expand or develop their businesses. To receive vouchers and make use of NYDAs Business Consulting Services, you must be aged 18 to 35 or a woman of any age . You can access this service at any Youth Advisory Centre. You must have a clear vision of the business you want to start, as well as realistic goals. go to BCSV
- BOSS: Database for youth-owned businesses and procurers to register and search for business and procurement opportunities go to BOSS
- Entrepreneurship Education Training: training aimed at helping young people understand the concepts and principles of entrepreneurship and business go to EE
- Micro Loans: loans between R1 000 and R100 000 go to Micro Loans
- SME Funding: loans between R100 001 and R10 million go to SM funding
- Volunteer Mentorship: volunteer to become a businees mentor or sign up to be mentored by a business person go to ViA page
- Cooperative training: training for young people on the fundamentals of establishing and managing a youth cooperative business go to Cooperative Training
Further Business Content
1. Develop a Business Idea:
- From Idea to Opportunity: A Guide for Young People
- Starting Your Own Business: A Guide for Young Entrepreneurs
2. Types of Business
3. Registering Your Business and Other Legal Implications
4. Write a Business Plan
5. Budgeting
6. Opening a Bank Account
7. Financial Support
- Business Finance: A Guide for Young Entrepreneurs
- SME Funding
- Micro Loans pages
- Standard Bank
- Nedbank
- ABSA
- FNB
- NEF
- the IDC
- the dti
- DBSA
8. Marketing Your Business/Product
9. Bookkeeping and Accounting
10. Mentoring
