TUSDEC - A Partner Organization of Prime Minister's
Youth Business Loan Scheme
Prime Minister’s Youth Business Loan Scheme is for young entrepreneurs between the age group of 21 - 45 years and will provide subsidised financing at 8.0% mark-up per annum for one hundred thousand (100,000) beneficiaries, through designated financial institutions, initially through National Bank of Pakistan (NBP) and First Women Bank Ltd. (FWBL).
Small business loan with tenure up to 8 years, with first year grace period, and a debt : equity of 90 : 10 will be disbursed to SME beneficiaries across Pakistan, covering; Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Gilgit Baltistan, Azad Jammu & Kashmir and Federally Administered Tribal Areas (FATA). It has a 50% quota for women and 5% quota for families of Shaheeds, Widows and Disabled persons.
TUSDEC (Technology Upgradation and Skill Development Company) has contemplated to facilitate the beneficiaries of Prime Minister Youth Business Loan Scheme by efficaciously utilizing its experiential base of providing sophisticated technology and skilled workforce for the upgradation of various industrial clusters. TUSDEC will facilitate the formulation of an entire paradigm of young, educated, dexterous entrepreneurs in the vast areas of industrial technology so that the aspirations of Prime Minister Youth Business Loan Scheme could run into materialization.
|How TUSDEC will help?
TUSDEC intends to inculcate an approach of ACT, LEARN and BUILD in the beneficiaries besides building their technical skills and expertise for a successful business venture. To materialize the approach we have devised a comprehensive programme realizing standalone technical trainings cannot create successful business. We will not only evaluate the entrepreneurial traits of the beneficiaries but will also build and hone their behavioral skills, aptitude, business acumen, leadership qualities and other competencies needed to transform them into seasoned and successful entrepreneurs to soar their business to new heights!
|Business Development Proposal Videos by TUSDEC
Building Young Entrepreneurs!
All Training and Advisory Services for Prime Minister's Youth Business Loan Scheme are Free of Cost