Youth startups get tax relief, funding boost
DAR ES SALAAM, Oct. 16 -- THE government is stepping up efforts to turn youth innovation into businesses and jobs through startup financing, tax incentives and support programmes aimed at overcoming barriers to commercialisation.
Youth Development Minister, Joel Nanauka said the government was ready to consider proposals to simplify documents, policies and administrative procedures that hinder young entrepreneurs from accessing empowerment opportunities.
Speaking recently during an online programme, the Minister urged young people to monitor funding announcements, apply and register on the Youth Empowerment System (YES) and Vijana Connect portal for loans, scholarships and international opportunities.
Mr Nanauka highlighted first-year ...
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