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05th January 2010
Getting today’s youth ready for tomorrow

A major initiative will be undertaken later this week by a popular local businessman that has the potential to change the way we do business in St. Lucia in five or ten years time. It’s the launching of a program aimed at identifying and supporting local projects by young people – projects that are innovative, creative and self-sustaining.
Called the Discovering Entrepreneurs -- Generation Next (Gen X) project, it aims at giving a start in life to young persons in or out of school. I’m sure Rayneau Gajadhar, the man behind the idea, will sufficiently explain on Thursday what the project is all about. But from what’s been written and said to date, it’s worth saying that it’s a project that needs to be supported.
Let me say up front that I know a lot about the project because I’m involved in it -- which is why I can say, with authority, that the $50,000.00 invested by Mr Gajadhar in this project is a wise investment.
It’s not all local entrepreneurs who would invest that amount in this type of project at this time in the economic life of the country, the region and the world. But then, Rayneau Gajadhar has never been like your average local businessman. Not yet 50, he’s built a multi-million-dollar construction group that has grown over the past 18 years to become the largest locally-owned construction company on the island.

 
 

In 2008, Mr Gajadhar’s company imported the largest ever single shipment of equipment from China to strengthen his group’s operations in the construction and mining sectors. In 2009, he also launched the innovative Stimulus Package project that saw the cost of building materials reduced considerably island-wide over the 6-month period the program lasted. He’s starting 2010 with the Gen X program and says it will be an annual affair.
An important aspect of this project is that it aims to empower young people by changing their mindset from expecting jobs to be created for them after leaving school to preparing to start their own.
This is not the only project aimed at making business people out of young persons. The Office of Private Sector Relations (OPSR), the Small Enterprise Development Unit (SEDU), the James Belgrave Micro-Enterprise Development Fund (Belfund) and the National Research and Development Foundation (NRDF) all have projects with more or less the same aim in mind. The difference with Gen X, however, is that it is private sector driven, national in scope, not for profit and intended to be annual.
As with all other similar projects, the first steps are like creeping before walking, But from what’s been said and done so far, it can only be and do good for those who participate – which is why it should be supported by all who really care about getting today’s youth ready for tomorrow. (end)


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