Business
UN Urban Youth Fund Invites Application
As part of its efforts to alleviate the hardship faced by young people as it relates to shelter and other economic activities, particularly for those in the developing countries, the United Nations (UN) Habitat Urban Youth Fund has invited youths between 15 and 32 years to apply for the over $1 million provided for this 2011.
The fund basically is to support projects led by young people aged 15-32 years who are piloting innovative approaches to shelter , employment, good governance and secure tenure, and such development initiative are eligible for grants ranging from $5,000 to $25,000.
From this initiative, young people living in cities from the developing countries are requested to apply for grants from the fund, as April 5th, 2011 has been given as deadline for the application, as well posted at the www.unhabita.org/youthfund.
Statistical records have shown that of the one billion slum dwellers in the world today, more than 70 per cent are under the age of 30, and that these young people have few resources to improve their living environments.
It has also been shown that there are many youth-led initiatives in slums and squatter settlements around the world that require support in their effort to transform their communities.
The UN Secretary General, Ban Ki-moon in his message for the 2011 International Youth Day said that the needs young people must be taken into account in social and economic development.
Youth Fund Initiative sprang from the 21st session of the UN-Habitat governing council in 2007 and has so far awarded grants to 113 projects led by young people from all over the world.