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Tuesday, January 10, 2006 

Barbados Youth Business Trust Posted by Picasa
The Barbados Youth Business Trust (BYBT) is one of two business agencies in Barbados focusing on the business needs of youth. In a society where young people are educated to work for others, this is a pretty big step in trying to hone and nurture entrepreneurship among youth. What makes BYBT special is that it focuses on both the financial and the non-financial needs of those persons who are unemployed, underemployed and of limited means. The organisation is government supported, even though it is a private sector initiative. This shows an effective collaborative effort between Private and Public sectors, which is vital for the growth and development of the Trust's beneficiaries as well as the Trust itself. The trust offers business mentors, business grants and business loans. It works in partnership with a wide cross-section of the Barbadian society and as such has developed several partnerships over the years it has been in existence.

The Trust was founded in 1996 by a group of local social entrepreneurs in response to an alarming increase in youth unemployment and under-employment. Since then the Trust has supported over 300 young persons.

Marcia Brandon
General Manager
Barbados Youth Business Trust

1st Floor Bridgehouse
Cavans Lane
St. Michael, PO Box 306
Telephone : +1 246 228 2772
Fax : +1 246 228 2773
Email : bybtyouthbusiness@caribsurf.com

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