Society 17:39 19/03/2013

YES youth clubs cultivate entrepreneurial culture among rural youth in Armenia

Heifer Project International Armenian Branch proudly partnered with Development Principles to promote youth entrepreneurship across rural Armenia and honored young entrepreneurial champions at the 2013 Youth Business Forum, recently held in Tsaghkadzor.

Since 2004, with financial support of Heifer International Armenia, Development Principles has worked on empowering disadvantaged rural youth, primarily through establishing rural Youth Empowered for Self-reliance (YES) Clubs. Through this network of 29 established YES clubs, annually more than 2,500 youngsters receive extracurricular (vocational) education in seven different directions including: Animal Husbandry, Ecology, Health, Civic Education, Logical Thinking, Journalism and Business Education.

In 2011-2012, students of the Business Education direction had the opportunity to put into practice their knowledge and skills and develop sound business plans. These plans later went through a thorough selection process and the best ones received seed grants of 100 USD in support of their realization.

As a result of the initiative and the seed grants, a total of 189 youth micro businesses were established that in 2012 together generated a net profit of more than 11m AMD. This means that the businesses at the end of the process on average had a 97.4% return on investment and recorded an astonishing increase of net worth by 197%.

Following the forum’s tradition, most successful entrepreneurs were recognized and congratulated. Nominees for the best Business Idea, Best Entrepreneur, and Best Business Peer Trainer were announced and the winners received awards. These are the young individuals who pave the way to success for young and emerging business leaders of the future.

Heifer International's mission is to work with communities to end hunger and poverty and care for the Earth. Starting 1944 Heifer has provided assistance to around 15.5 million needy people in 125 countries, and helped them become self-reliant. Since 1999, Heifer has implemented 58 programs in Armenia, assisting around 10,000 needy families to better their socio-economic conditions. Currently, 16 programs are active in 100 communities of Armenia. Only in 2012, Heifer Armenia has assisted 1861 small holder farmers.


 



Source Panorama.am
Share |
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:

Newsfeed

11:06
World oil prices are rising
As a result of e-commerce in London and New York stock exchanges, the oil prices are rising, Gazeta.ru reports .  According to the...
11:04
Syrian war: About hope
It’s been more than 5 years since the start of the Syrian conflict. According to UN data, more than 400 thousand people, mostly women and...
11:02
Obama to meet Turkey's Erdogan
U.S. President Barack Obama will have a bilateral meeting with Turkish President Tayyip Erdogan during the G20 summit in China next month and is...
11:01
NKR Defense Army: Adversary violated ceasefire 18 times
The adversary violated the ceasefire on the Line of Contact between Nagorno Karabakh and Azerbaijan about 18 times by firing more than 90 shots...
19:37
Court releases Russian citizen detained in Yerevan airport
Court of General Jurisdiction of Kentron and Nork-Marash Administrative District of Yerevan ruled to release Russian citizen Sergei Mironov,...
19:20
Pope Francis meets with Facebook’s Zuckerberg
Zuckerberg’s wife, Priscilla Chan, at the Vatican, the Associated Press reports. Vatican spokesman Greg Burke says one topic of...
19:18
Syrian-Armenian soldier killed in Aleppo
A Syrian-Armenian serviceman was killed days ago during the clashes between the government forces and militant groups in Syria’s Aleppo....
19:17
Young wrestlers launching the World Championship
From August 30th to September 4th French Macon will host the Junior World Wrestling Championship, Armenian National Olympic Committee reports...
16:16
German lawmakers familiarized with efforts aimed at the Karabakh conflict settlement
 Armenian Foreign Minister Edward Nalbandian received today the delegation of the Armenian-German Forum headed by its chairman, German...
15:13
Charles Aznavour calls for nominating heroes of our time for the Aurora Prize
Prominent Armenian singer Charles Aznavour has called for nominating heroes of our time for the Aurora Prize for Awakening Humanity, reads the...
15:07
Islamic State claims suicide bombing at Iraqi wedding
Islamic State has claimed a suicide bombing that killed at least 15 people and injured 16 at a wedding party near the holy Shi'ite city of...
14:27
Yemen suicide attack claimed by IS “kills dozens” in Aden
At least 60 people have been killed in a suicide car bombing at a military facility in the southern Yemen city of Aden, doctors say, BBC...
14:17
Criminal proceeding launched against 6 citizens for prevention of journalists’ legal professional actions
As a result of the preliminary investigation of the criminal case concerning prevention of the journalists’ legal professional actions...
14:14
Children from conflict zones spend vacation in Shekvetili, Georgia
Georgian, Ukrainian, Armenian and German children spent their vacation in Shekvetili sea resort, Georgia. According to Georgian Apsny...
13:13
Lavrov promises thorough investigation concerning Moscow fire
Russian Foreign Minister, Sergei Lavrov promised his Kyrgyzstan counterpart, Erlan Abdyldaev on August 29 that Russian authorities would conduct...
12:39
World oil prices are dropping
As a result of e-commerce in London and New York stock exchanges, the oil prices are dropping, Gazeta.ru reports. According to the source,...
12:33
Two members of Daredevils of Sassoun group taken to Erebuni Medical Centre
Members of Daredevils of Sassoun group, Aram Manukyan and Ashot Petrosyan have been take to Erebuni Medical Centre for undergoing surgery, Aram...
12:26
Up to 300,000 refugees to come to Germany this year: migration office head
The head of Germany's Federal Office for Migration and Refugees (BAMF) told a German newspaper that he expected a maximum of 300,000...
12:24
Airline pilots arrested at Glasgow Airport
Two airline pilots were arrested on suspicion of being under the influence of alcohol as they prepared to fly from Glasgow Airport to New York,...
11:15
The Guardian on Narek Hakhnazaryan’s performance at Royal Albert Hall
The Guardian wrote  that cellist Narek Hakhnazaryan displayed his outstanding musicianship with a technically impeccable and distinctive...
11:11
NKR Defense Army: Adversary fired 600 shots
The adversary violated the ceasefire on the Line of Contact between Nagorno Karabakh and Azerbaijan about 55 times by firing more than 600 shots...
11:02
Los Angeles airport evacuation sparked by 'loud noises'
Unconfirmed reports of gunshots, later described by police as just “loud noises”, have sparked evacuations at Los Angeles airport,...
20:46
Armenian Defense Ministry denies rumors concerning RA AF UAV being hit in Nakhijevan
Public relations department of the RA Defense Ministry informed Panorama.am that the rumors circulated by the Azerbaijani media since yesterday...
17:19
RA Minister of Justice welcomes journalists’ initiative
A charity exhibition-sale entitled “Thursday” featuring the works of 12 Armenian journalists has opened at Sharamberyan Centre of...
16:18
Armenian National Film Academy receives 3 applications for Oscars submission
The National Film Academy of Armenia has received three applications for submission to the 89th Academy Award. The movies submitted are Jivan...
16:15
Italy earthquake: Death toll rises to 290
The death toll from the quake, which struck a mountainous central region, has again risen as more bodies were found, BBC  informs....
14:58
Victims of Moscow fire are citizens of Kyrgyzstan
All 17 victims of the fire that engulfed a warehouse in the northeast of Moscow are citizens of Kyrgyzstan, TASS informs. ...
13:44
Moscow warehouse fire: Death toll reaches 17
One of the injured during the fire that engulfed a warehouse in the northeast of Moscow died in the hospital, Moscow Mayor, Sergey Sobryanin...
12:46
Explosion rocks California’s largest oil refinery, investigation underway
An explosion at an oil refinery in Los Angeles sent a cloud of chemicals, including sulfur, into the air. No injuries were reported, but members...
12:44
16 dead in huge fire at Moscow warehouse
Sixteen people have been confirmed dead since a fire engulfed a warehouse in the northeast of Moscow, the Emergency Ministry said, RT...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}