Entrepreneurs present ideas to secure grants

PESHAWAR: The contenders on Saturday gave presentations about their business ideas to secure grants to establish their own small businesses under the Khyber Pakhtunkhwa Impact Challenge initiative.

Around 130 male and female youth gave detailed representations in which 50 youth would be selected for a month training and would be provided grants of up to Rs2 million to start their own businesses.

The previous Pakistan Tehreek-e-Insaf (PTI)-led Khyber Pakhtunkhwa government had launched the initiative to promote youth entrepreneurship and help them start own small businesses to enable them to earn a decent living.

The previous KP government had allocated Rs500 million for the initiative, which would be given as grants to successful applicants to start their own businesses.

The Lahore University of Management Sciences (LUMS) is providing technical support to the selected youth whose ideas were approved after completing the necessary process. She has applied for provision of Rs2 million grant for the purpose.

“I taught various subjects in schools and colleges for four years and now want to open my own school to impart and promote quality education in my village,” she added.

PESHAWAR: The contenders on Saturday gave presentations about their business ideas to secure grants to establish their own small businesses under the Khyber Pakhtunkhwa Impact Challenge initiative.

Around 130 male and female youth gave detailed representations in which 50 youth would be selected for a month training and would be provided grants of up to Rs2 million to start their own businesses.

The previous Pakistan Tehreek-e-Insaf (PTI)-led Khyber Pakhtunkhwa government had launched the initiative to promote youth entrepreneurship and help them start own small businesses to enable them to earn a decent living.

The previous KP government had allocated Rs500 million for the initiative, which would be given as grants to successful applicants to start their own businesses.

The Lahore University of Management Sciences (LUMS) is providing technical support to the selected youth whose ideas were approved after completing the necessary process. Youth aged 18 to 30 years are eligible to apply for the grants.

Khushnodia Bibi, who has done masters in Sociology and Bachelor of Education (B.Ed), said that she wanted to open a private school in her Ghari Kapura village in native Mardan district. She has applied for provision of Rs2 million grant for the purpose.

“I taught various subjects in schools and colleges for four years and now want to open my own school to impart and promote quality education in my village,” she added.




Social Entrepreneurship
Spotlight



Key Traits of Social Entrepreneurs


An interview with John Elkington, Founder and Chief Entrepreneur, SustainAbility. Social entrepreneurs are generating impressive results — and capturing the imaginations of businesspeople and public policy makers.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders