Call for Project Proposals: Grant Program for Promoting and Developing Youth Entrepreneurship for the Creation of New “Start-Up” Businesses

ABC Foundation announces the opening of the Call for Applications under the Grant Program on:

“Promoting and developing youth entrepreneurship for the creation of new start-up businesses.””

This program aims to empower young people as active actors in the country’s economic development by supporting innovative ideas, encouraging self-employment, and creating new professional opportunities. The program seeks to support young people who have valuable business ideas but face a lack of information, practical experience, or financial resources to implement them. Through training, mentoring, and access to financing, the program aims to create favorable conditions for the development of new and sustainable enterprises.

Training sessions and professional practice will include, among others:

• Basic knowledge on creating and financing a new business;
• The importance of creativity and innovation in entrepreneurship;
• Market identification and development of a sustainable business model;
• Preparation of strategic and business plans;
• Skills for adapting to market conditions and challenges;
• Development of communication skills and professional networking.

After completing the training, participants will prepare a project idea and business plan, which will serve as the fundamental document for launching their enterprise. The business idea must be innovative, feasible, and financially sustainable over time.

In addition to training, the program offers the opportunity to participate in an application process for preferential loan financing to establish a new start-up business or to strengthen a newly created enterprise. The program may be implemented in cooperation with public institutions, private institutions, and civil society organizations to ensure the quality and effectiveness of the support.

The maximum fund available for this call is 800,000 ALL, with an implementation period of 3–4 months.