Official Website link: https://www.nyda.gov.za/index.html

Offers:

• Business grants
• Entrepreneurship support
• Youth opportunities
• Skills programmes

Who are we?

The NYDA is a South African-based agency established primarily to address challenges faced by the nation’s youth. The Agency was established by an Act of Parliament (Act 54 of 2008). The institution was established to be a single, unitary structure addressing youth development issues at National, Provincial and Local Government level. The Agency should be seen within the broad context of South Africa’s development dynamics.

How we do it

Vision:

• A credible, capable, inclusive and activist development agency that is responsive to the plight of South Africa’s youth.

  Mission:           

• To mainstream youth issues into society through stakeholder coordination
• To facilitate and champion youth development with all sectors of society

Values:

• Integrity
• Accountability
• Accessibility
• Respectful
• Collaborative
• Agility

NYDA'S New Focus

The National Youth Development Agency has shifted its primary core business away from Enterprise Finance towards Education and Skills Development. The fundamental change in this area of development is the change from loan provision to grant provision for young entrepreneurs.   The NYDA no longer offers loan finance to young entrepreneurs; the agency provides financial support in the form of micro-finance grants to young entrepreneurs and youth cooperatives.       The objective of the NYDA Grant Funding is to provide young entrepreneurs with an opportunity to access both the financial and non-financial business development support to establish their survivalist businesses.   The programme focuses on youth entrepreneurs who are just coming into existence and beginning to display signs of future potential but are not yet fully developed. The Grant Funding starts from R1 000 to a maximum of R200 000 for any individual or youth cooperative. For agriculture and technology-related projects, the maximum threshold is R250 000. The NYDA continues with efforts directed at economic participation offering a range of products, programmes and services to young entrepreneurs in need, albeit as a secondary focus.   The new plan of the NYDA therefore focuses on tailor-made interventions for job preparedness and placement, a focus on scholarship provision for youth who excel in schools, the scaling up of the YouthBuild Programme for out-of-school youth, the increase of second chance opportunities for matriculants and the intensification of our highly successful career guidance programme.