Component 1 - Fasttrack Subgrants for Microentrepreneurs

Component 1 - Fasttrack Subgrants for Microentrepreneurs

Component 1 will provide $14.0 million 2500 microgrants to microentrepreneurs to revitalize and create microbusinesses. This project supports the GoK’s request support for including youth in the economic recovery. The purpose of Component 1 is to revive those youth-owned microenterprises that closed or whose revenue was permanently impacted by COVID-19 and to support the creation of new microenterprises led by youth in new market areas as identified in a post-COVID-19 market assessment.

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