Mr Gajadhar, who has allocated an initial sum of $50,000.00 to the program, says it aims to identify ten projects for support and funding over an initial period to transform them from ideas to reality.
It will be an annual program in which qualifying projects will be selected by a team of judges and the selected projects will qualify for funding, training and business development guidance.
“We are receiving a positive response and much encouragement, with many applications and indications of interest from young persons around the island who are already submitting or coming in to our offices with business plans and project ideas,” he says.
“In addition,” he adds, “we are in touch with several private and public sector agencies, government ministries and departments, non-governmental organizations, teachers and students across the country.”
Mr Gajadhar says he undertook this project “because we need to invest in changing the business environment for the future and the best time to start is today.”
The Gen X project will be launched at the NIC Conference Centre in Castries on Thursday, January 7, 2010 at 10.30am and the entire media has been invited, along with several specially invited guests from many local public and private sector entities.
Gen X follows the successful Stimulus Package program launched by Mr. Gajadhar last year, which resulted in the price of building materials being drastically reduced island=wide during and since the six-month period it lasted.

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