Ulaanbaatar
New entrants of Business incubator recruited
Society
Youth Development center and Korea's International cooperation agency 'KOICA' jointly organize free IT based trainings for the citizens and recruite successful participants to Business incubator cente to train and give an opportunity to start their own business.
Head of Ulaanbaatar city's Youth development center S.Sukh-Ochir said that members of the Business incubator Center are provided with scholarship of MNT440.000 per month from Korean International Cooperation Agency and project implementer MKIT training center. From this month, Business incubator center's scholarship totals MNT 3,960,000 a month.
He also mentioned that youths graduating fromMKIT training center's special classes with "A" grades are able to directly join the Business Incubator Center and receive the scholarship.
The Business Incubator center'was established to develop innovative ideas to products and services, support youth employment and speeding up growth and success of start up enterpreneurs. Four entrants among last year's eleven participants of the incubator are still in training process and six of them have been already provided with workplaces.
G.Tuguldur
