A Grant-Loan Project to propel the business ideas of 10 young entrepreneurs in skill areas recently commenced with an official hand over of tools and equipment.

The Barrouallie Technical Institute (BTI), which has laid the groundwork in providing training for the budding businessmen and women and will monitor them over the course of the upcoming academic year, is partnering with the Mustique Charitable Foundation (MCF).

The MCF has pumped a total of EC$22,202 into the initiative.

The business areas in focus are Garment Production, Amenity Horticulture, Cake Baking and Decorating, Housekeeping and Front Office Operation, and the beneficiaries are expected to adhere to clearly articulated provisions of the grant-loan agreement.

These include participating in at least three training sessions organized by the Centre for Enterprise Development even upon completion of their training at the BTI and presenting to the institute financial records on a quarterly basis for the first year of operation to reflect return on the investment.

The ceremony to officially hand over the tools and equipment was held on Friday, July 29 at the Barrouallie Learning Resource Centre.