Prime Minister guarantees that 720 million escudos will be mobilized for the Youth Start-up program


Porto Novo, Aug 17 (Inforpress) – Proempresa, the business support and promotion institute, has already mobilized through banks in Cabo Verde an amount of 720 million escudos for the Youth Start-up program, which is being implemented in the country in September.

The Prime Minister, who presided over the launch of the Youth Start-up program, this Wednesday in Porto Novo, Santo Antão, confirmed that this figure is already mobilized through the banking system, so the young people will already be able to access this initiative from September.

“Young people who are interested in being entrepreneurs should contact Proempresa or access the IT platform that will be launched shortly and access credit to the banks,” explained the head of the Government, who presides over the same events in Paul and Ribeira Grande.

This program, which starts running on September 4, is aimed at young people in the age group of 18 to 35 years who want to use a credit to develop a business, at an interest rate of 08 per cent (%) subsidized by the State by 50 percent (%).





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