Thirty-Two Scholarships for Belize Youths Print E-mail
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Thursday, 01 November 2012 00:00

(L-R) Mr Daniel Cano, SIF’s Executive Director, and representatives of vocational training institutions signing the contract agreementThirty-two Belizean youths from across the country have received scholarships to complete a vocational training career as a result of a contract agreement signed the Social Investment Fund and five local vocational training institutions on Wednesday, October 31st.

 The agreement was signed at the SIF headquarters in Belmopan by Mr Daniel Cano, Executive Director of the Social Investment Fund, and representatives of the Corozal, Orange Walk, Stann Creek and Toledo ITVETS and the Cayo Centre for Employment Training (CET). 

Under this contract agreement, the 32 youths will pursue vocational training opportunities at these institutions to obtain the technical skills needed to secure gainful employment.  Financial assistance will also be available to these youths to cover tuition, school fees and transportation.

The agreement is the second phase of a vocational training program designed for vulnerable Belizean youths and it represents SIF’s, the Caribbean Development Bank’s and the Government’s latest innovation to build the capacity of Belizean youth thus investing in human resources to address poverty in a meaningful and tangible manner.

The estimated total cost of this vocational training program is $82,945.00.  Of this amount, $66,356.00 will be provided through the CDB’s Basic Needs Trust Fund (BNTF) 6 while the Government of Belize will provide $16,589.00 in counterpart funding.

The opportunity to offer training opportunities to vulnerable youths is part of the menu of items included under the (BNTF) 6.  Data collected showed that while the above-mentioned vocational training institutions offer very successful programs, the biggest barrier that some young people face is the lack of finance to pay for the program. The agreement signed, therefore, is aimed at motivating these youths to perform well so that they can further their education, obtain meaningful employment and become productive Belizeans in the future.

It can be recalled that in March of this year, S.I.F. signed a similar contract agreement with the same local institutions. Under phase I, 38 Belizeans youths participated in the training. Phase II now brings the total to 70 Belizean youths, who have benefitted from such training programs.