Big prizes for youth businesses
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MASERU, Dec. 3 -- M708 000 grant was cast among four youth led businesses in the 2019 Bacha entrepreneurship project (BEP) on Thursday night.
BEP is a collaborative effort between Basotho Enterprises Development Corporation (BEDCO), Standard Lesotho Bank (SLB) and Lesotho Revenue Authority (LRA) aimed at empowering youth in entrepreneurship. This initiative comes in a form of business plan competition amongst youth from across the country where they submit and present their business plans, battling it out for top four spots to receive funding for their varied businesses.
This years' competition had 150 participants in total, a number which was later reduced to 40, following a tough decision made by a panel of judges based on the competi...
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