Anguilla Youth Business Foundation

Sustainable Livelihoods

Programmes

Overview

Anguilla Youth Business Foundation
The Anguilla Youth Business Foundation is a business service organisation established under the Anguilla Foundation Act, to provide business development and support services to young people residing in Anguilla. The Anguilla GET SET Entrepreneurial Programme is their flagship programme. Global Entrepreneurship Week is an annual event hosted by the Foundation to highlight and celebrate entrepreneurship.


Anguilla GET SET Entrepreneurial Programme

The Anguilla GET SET Entrepreneurial Programme targets young Anguillians 18-35 years old who are desirous of having their own business but do not have the necessary collateral, financial security or back up to access a loan from financial institutions. It assists young persons to set up and maintain sustainable businesses.

The Programme targets young people who may lack the basic knowledge, awareness, skills, training and experience to venture into business. It also seeks to assist young people currently involved in business acquire management and marketing capabilities to move their enterprise to the next stage.

It provides an opportunity for support for young entrepreneurs at any level who may have trouble accessing adequate capital for expansion of the operation.
The Anguilla GET SET Entrepreneurial Programme adopts a holistic approach to youth business development to address the problems of young aspiring and prospective entrepreneurs. This programme is offered at no cost to the participants. However, a commitment fee of XCD50.00 is paid by each recruit during registration for the Entrepreneurship Development Programme and XCD20.00 by each Small Business Assistance Facility (SBAF) recruit.

Programme Details

Main Strategies

  1. Business Training
  2. Business Plan Development and Modelling
  3. Business Apprenticeships
  4. Business Mentorship
  5. Loan Guarantee Facility (LGF)
  6. Technical Assistance

Eligibility

  1. Belonger/Resident of Anguilla.
  2. Between 16 to 35 years.
  3. Has a business idea and demonstrates interest in obtaining training and technical support to
    transform those ideas into business plans.
  4. Demonstrates interest in acquiring the knowledge and skills needed to successfully start and manage a business entity.
  5. Has difficulty accessing the start-up capital needed or are unable to access/secure funding via traditional means.
  6. Demonstrates willingness to commit to the completion of the programme;

Duration

2 days -Small Business Assistance Facility (SBAF) (For those currently in business).
2 weeks – Entrepreneurship Development Programme (EDP) (For those preparing to venture into the business).
Ongoing support, mentorship and knowledge and business opportunities provided to entrepreneurs.

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