Nurturing young entrepreneurs into the formal economy is a national imperative if there is going to be inclusive and meaningful economic growth.
Young South Africans have the ideas, but more often than not, they do not have the capital or experience to get a foot in the door.
“Almost weekly, we receive truly innovative applications,” said Daniel van Vuuren, a senior youth enterprise specialist at the new development impact support (DIS) department at the Industrial Development Corporation (IDC).