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AfricaMoney | August 22, 2017

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Unlocking Youth Potential: Barclays turns Mauritian youth into entrepreneurs

Unlocking Youth Potential: Barclays turns Mauritian youth into entrepreneurs

The objective behind this workshop was to create a sharing platform for 80 young people to help them develop an entrepreneurial spirit. (Image: Barclays)

Barclays Bank Mauritius organised the second edition of the workshop on ‘Unlocking Youth Potential’ on Tuesday June 24, 2014 at the Barclays Club House in Quatre Bornes.

The objective behind this workshop was to create a sharing platform for 80 young people to help them develop an entrepreneurial spirit.

Beyond the initiation into entrepreneurship, this workshop also allowed young people to interact with entrepreneurs of Small and Medium Enterprises (SMEs) such as Mrs Sundee Beedassy, director of Beedassy Plastic Limited, and Mr Rajesh Calleechurn of Mont Ida Entertainment Limited, for a mentorship session.

Fourteen volunteers from Barclays also participated in this event to facilitate the discussion on entrepreneurship.

Mainly centred on three key elements of employability skills, organizational skills, and financial skills, the workshop allowed Barclays to demonstrate to the young people how entrepreneurship can transform their communities in a positive way.

“The ‘Unlocking Youth Potential’ program is in line with the strategy of corporate social responsibility for Barclays and its subsidiaries,” said Renuka Jacquette, Community Investment Manager at the Barclays Bank Mauritius.

“It aims at giving the next generation the necessary means to succeed. This was possible through this workshop which acts as a training for these young people to acquire the skills required for financial independence,” she added.

“The workshop allowed the young people to have an overview of how to launch a company by supplying them information such as conceptualizing business idea, formulating a marketing plan, drawing up a budget, and identifying a possible platform for financing,” stated Cyril Wong, Vice President at Barclays, Mauritius.

Besides, Barclays rewarded the winners of the ‘Swipe & Win’ campaign on Thursday, June 19, 2014, at its head office in Ebène.

The several possible ways in which Barclays customers could accumulate points were through cash withdrawal, card payments, investments or making a deposit in a savings account.

The bank launched in December 2013 a loyalty campaign titled ‘Swipe & Win’ to help customers earn points even as they engage in routine banking activities.

“Through this World Miles program, we have cemented a relationship of trust with our customers,” said Jeremy Stockdale, Director, Consumer Banking, at Barclays Mauritius.

He added that Barclays want to constantly surprise its customers by proposing innovative products, which offer a multitude of advantages, quoting the ‘Chip and Pin’ concept for Barclays’ credit cards.

He concluded on the note that Barclaycard will continuously evolve to meet customer expectations.

The names of the winners for the final draw are Desmond Lange who won the first cash prize of Rs 200,000, and Sabrina Quirin, who won the second cash prize of Rs 75,000.

About Barclays:

Barclays is an international financial services group present in banking, investment advisory and asset management services with a network across Europe, America, Africa, and Asia.

Barclays has more than 300 years of experience and is present in more than 50 countries, with 48 million customers, 140,000 collaborators and 4,800 points of sale worldwide.

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