Government Launches Bacha Entrepreneurship Project to Tackle Unemployment and Empower Youth, Maseru, Lesotho-June 3, 2025. Image by Lesotho Government
In a bold step toward tackling unemployment and poverty, the Government of Lesotho, through the Basotho Enterprise Development Corporation (BEDCO), has officially launched the Bacha Entrepreneurship Project — a game-changing initiative aimed at empowering young Basotho to turn ideas into sustainable businesses.
The project is a collaboration between BEDCO, the Revenue Services Lesotho (RSL), and Standard Lesotho Bank, combining public and private sector efforts to support youth innovation, job creation, and economic growth.
“This project shows our shared commitment to supporting young people and building a strong culture of entrepreneurship in Lesotho.”
— Ms. Mamahapela Mukuoane, BEDCO’s Senior Manager of Public Relations
💡 What Is the Bacha Entrepreneurship Project?
The Bacha Entrepreneurship Project is more than funding — it’s about giving young Basotho aged 21 to 35 the tools, confidence, and mentorship they need to launch successful businesses.
- 🏦 M1.4 Million in total funding committed
- 📋 Call for Proposals is now open
- 📆 Deadline: 24 July 2025
Whether your passion lies in agriculture, technology, creative industries, or green innovation, this is your chance to build something impactful — for yourself and your country.
🤝 Power of Partnership: BEDCO, RSL & Standard Lesotho Bank
🧑💼 BEDCO: Driving enterprise support and mentorship
🏛 RSL: Promoting tax compliance and business formalisation
🏦 Standard Lesotho Bank: Offering tailored financial products and guidance
“This partnership creates fertile ground for innovation and business growth. It’s about giving our youth the confidence and tools they need to succeed.”
— Mr. Manyathela Kheleli, Acting Head of Marketing, Standard Lesotho Bank
📢 Who Should Apply?
If you are:
- 🇱🇸 A Mosotho aged 21 to 35
- 💡 Have an innovative business idea
- 🚜 Interested in sectors like agri-business, tech, design, or sustainability
Then this opportunity is for you!
🧭 How to Apply
👉 Visit bedco.org.ls or follow BEDCO’s official Facebook page for proposal guidelines and submission requirements.
👉 The Project is already publicly listed on Mosebetsihub Platform
⏳ Deadline: 24 July 2025
🙌 Why This Matters
Too many young people in Lesotho face unemployment, despite having brilliant ideas and ambition. The Bacha Entrepreneurship Project isn’t just about money — it’s about belief, opportunity, and building a better Lesotho from the ground up.
The Government of Lesotho urges all eligible youth to grab this opportunity — not just to help themselves, but to uplift families and communities across the country.
BEDCO #StandardLesothoBank #RevenueServicesLesotho #BachaProject #YouthEmpowerment #EntrepreneurshipLS #MosebetsiHub
