The Barbados Youth Business Trust (BYBT) is a youth entrepreneurship development organization focused on putting youth in business. The focus is on helping young persons who are unemployed, underemployed and of limited means, with good business ideas to start and grow their businesses.
The Trust is a founding and accredited member of Youth Business International(YBI) and is a resource centre for regional youth business programmes. In its 12th year of operation BYBT has helped over 500 young people to start and grow their businesses and an additional 3000 youth have been sensitised to the philosophy of youth entrepreneurship development.
The successful methodology practiced by BYBT is one of business start-up loan capital; business mentoring, business affiliated grants and ongoing and consistent business support.
75% of BYBT supported young entrepreneurs are still in business after 3 years which is a good success rate for both the entrepreneurs and the Trust.