Presentation to Portfolio Committee on Labour

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Presentation toPortfolio Committee on Labour

• 18 March 2005

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Focus of the Fund
INVESTMENTS PROJECTS
Skills Development Transfer
Youth Entrepreneurship
Contact, Information Counselling

• SME Finance
• Cooperative Funding
• Micro Finance
• Business Development Support
• Entrepreneurship Education
• New Venture Creation Learnership
• Business skills development voucher programme

• Youth information service
• Youth line
• Youth portal ( JOBS)
• Youth advisory centres
• Youth Card

• On-the-job Training / Skills Development
• National Youth Service
• School to Work (FETCs)

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Contact Information Counselling

• Provide access to information and support youth
  in making informed decisions about their
  employment, self employment and skills
  development and sustainable livelihoods, through
  the following programmes
• Youth Advisory Centres (YACs), including YAC
  points and mobile YACs to provide access in
  rural areas
• UYFs call centre - YouthConnect?
• Website portal www.youthportal.org.za
• Jobs and Opportunities Seekers Database (JOBS) -
  from State of the Nation Address May 04
• South African Youth Card - SAY?
• SAY? Magazine published quarterly in the Sunday
  Times

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Contact Information Counselling
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Highlights CIC

• Jobs and Opportunities Database
• Online CV preparation (passport for life)
• Can receive by fax or post (100 CVs daily!)
• Free Advert placement by employers (moderated)
• SAQA has agreed to verify qualifications
• Partnerships for YAC points
• DOL Labour Centres training of Infomediaries
  started
• Municipalities e.g. Sterkspruit Potchefstroom
• Multi Purpose Community Centres and Info.
  Resource Centres
• FET Colleges Higher Education Institutions
• SA Youth Card growth additional facilities
• Company wide Customer Relationship Management
  tool (facilitates integration)

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Skills Development Transfer

• Facilitate access of unemployed youth to economic
  opportunities in the sectors of economy that have
  the potential to absorb labour or to create
  self-employment opportunities.
• SDT Programmes
• School to Work
• National Youth Service

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Skills Development Transfer
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Highlights SDT

• Working with the Further Education and Training
  Colleges
• Training youth in Vocational Skills
• FET Colleges implementing Learnerships
• Integration of Education and Training
• National Youth Service Programme
• Unit operational (launched in August 2004)
• 23 700 youth in service oriented organisations
  (10000 youth to be trained)
• Partnerships with National and Provincial
  Departments of government
• Dept. of Education (FET Colleges)
• Dept. of Social Development (Assistant Probation
  Officers)
• Dept of Public Service Admin (Public Service
  Internship Programme)
• Various Sector Education and Training Authorities
• Limpopo Free State Health Dept. (Community Home
  Based Care)

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Business Development Support

• Develop and enhance a culture of entrepreneurship
  and creation of sustainable youth owned
  enterprises, through two programmes
• Entrepreneurship Education (programmes that
  target in-school and out-of-school youth) and
• Business Development Voucher Programme? (BDVSP).
  a world-first electronic voucher programme of its
  kind, providing business support services to
  young entrepreneurs through UYF accredited
  services providers (e.g. Business Plans,
  Productivity Improvement, etc).
• Two new programmes introduced to the Youth
  Development Sector,
• Business Opportunities Services Support (BOSS)
  programme and
• Youth Entrepreneurship 2010 Campaign.

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Business Development Support
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Highlights BDS

• Development of Business Opportunities Support
  Service
• Linking youth owned businesses with opportunities
  networking amongst themselves
• Entrepreneurship Campaign 2010
• Advocacy
• Entrepreneurship Education Skills Programmes
• Access to finance, business support procurement
  opportunities
• Policy, legislation, regulations pro youth
  entrepreneurship
• Objective Increase Total Entrepreneurship
  Activity to be no. 1 by 2010
• Entrepreneurship Education programmes for
  in-school out-of-school youth
• Appointment by Dept. of Labour to set up the
  National Coordinating Agency for the New Venture
  Creation Learnership
• Voucher programme now available in all provinces
• Partnerships
• Dept. of Labour
• Mpumalanga Economic Empowerment Corporation

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Business Development Support (Cont.)
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Enterprise Finance

• Facilitate access to finance for young
  entrepreneurs in SMME market.
• Executed directly to young, qualifying
  entrepreneurs through UYFs self-managed General
  Fund, or through intermediary funds
• SME Financing Private Public Partnerships with
• Business Partners (Franchise Fund)
• First National Bank (Progress Fund)
• Micro-finance funds with The Nations Trust,
  NICRO Enterprise Finance, MARANG and Small
  Enterprise Foundation and
• Co-operative funds with Marang Financial
  Services, SACCOL (Savings Credit Co-ops), Land
  Bank and NCASA.

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Enterprise Finance
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Highlights Enterprise Finance

• Leveraging of funds
• Progress Fund now the basis of FNB Enterprise
  Solutions and increased commitment from R20m to
  R240m
• Mpumalanga Investment Initiative (R10m)
• Discussions in progress with other funders
• Co-operatives initiatives
• Training of Loan Application Support Officers (to
  improve access)

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How have we fared?
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Impact
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Other Key issues

• Funding received to be fully committed by July 05
• Priorities
• Increased access to UYF Services
• DoL Labour Centres, MPCCs
• Have vastly increased access (but will not
  fulfill all youth development need)
• More communication and profiling of work
• Increased integration and partnerships
• Impacting on key national programmes and
  priorities (e.g. Education Training, Expanded
  Public Works Programme)
• Resource mobilisation

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