Establishment of the Empower Bank

Ministry of Youth, Sport, Arts and Recreation
Describe the main features of the policy/measure: 

Operating under the aegis of the Ministry of Youth, Sport, Arts and Recreation, the Empower Bank has a facility that caters for youth enterprise (entrepreneurship) development in all facets of the economy, cultural and creative industries included. The bank deliberately focuses on nurturing young entrepreneurs who constitute a large percentage in the cultural and creative industries.

What are the results achieved so far through the implementation of the policy/measure?: 

Young entrepreneurs are accessing loans to establish and develop their businesses in various sectors of the economy. The youths in cultural and creative industries are accessing start-up capital for their respective business ventures.

Partner(s) engaged in the implementation of the measure: 
Name of partnerType of entity
National Arts Council of Zimbabwe
Public Sector
National Gallery of Zimbabwe
Public Sector
Zimbabwe Youth Council
Public Sector
Has the implementation of the policy/measure been evaluated?: 
Objetivo(s) de la Convención 2005 de la UNESCO
Cultural Domain(s)
Prioridades transversales