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New budget initiative on pilot microfinance scheme welcomed
The Financial Secretary delivered the last Budget of his term yesterday. While we agree with the general positive consensus on the various waivers, subsidies and grants, we particularly welcome the assistance offered to those wishing to start their own businesses.
We believe that implementing a three-year pilot scheme to make microfinance available is especially helpful to young people who might otherwise lack the financial resources for entrepreneurship or self-enhancement training. With microfinancing, young people can be encouraged to seek new avenues to enhance their employability, so much needed in times of economic uncertainty.
This scheme will be run in partnership with the government, non-profit organizations and other stakeholders. The Federation, with its own Youth Employment Network, looks forward to being involved and thus offering young people another avenue of hope for economic self-sustainability. |
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New! Project Dance Studio to open at HKFYG Youth SPOT in March with sponsorship from the Home Affairs Bureau
Project Dance Studio is a new youth social enterprise which will open next month at HKFYG's Jockey Club Farm Road Youth SPOT's extension in Rose House, Ma Tau Wai Housing Estate, To Kwa Wan. |
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Coming soon |
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Webcast from HKFYG connects Financial Secretary with young audience to discuss budget on 7 February |
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Completing the series of webcasts on university admission, with Professor Albert Chan, President and Vice-Chancellor Baptist University, February 23 7-7.30pm |
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Thank you to all our partners |
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Free course for youth who want to be their own boss, supported by Lee Ka Shing Foundation's Love Ideas, Love HK! and by professional associations, major companies, and experienced entrepreneurs |
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LEAD Creative Class receives new donation of HK$3 million for 2011-14 from The Hung Hing Ying and Leung Hau Ling Charitable Foundation |
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