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This is an archived USAID document retained on this web site as a matter of public record.
USAID, International Youth Foundation Announce Partnerships
U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT
PRESS RELEASE
WASHINGTON, DC 20523
PRESS OFFICE
http://www.usaid.gov
(202) 712-43202002-061
FOR IMMEDIATE RELEASE
June 26, 2002Contact: USAID Press Office
WASHINGTON - The U.S. Agency for International Development commemorated today its two new partnerships with the International Youth Foundation (IYF) in support of youth development programs in the Balkans and in Latin America and the Caribbean. USAID Acting Administrator Fred Schieck attended the ceremony hosted by Sen. Paul Sarbanes (D-Md.) to commemorate the partnerships.
"USAID is honored to be joining the IYF and Senator Sarbanes, a good friend of both organizations, to commemorate the recent signings of two very important public-private partnerships," Schieck said. "We look forward to providing hope and opportunity to thousands of young people through these initiatives."
Schieck was joined by IYF Chief Operating Officer Bill Reese, Don Terry of the Multilateral Investment Fund of the InterAmerican Development Bank and Sarbanes in commemorating the two partnerships. The senator worked to bring IYF headquarters to Baltimore in 1996 and has supported the foundation and its various worldwide operations.
Each program will receive a $3 million grant to support regional initiatives over a three-year period. Funds in the Balkans will specifically support the Balkan Children and Youth Foundation's youth development projects in Albania, Bosnia and Herzegovina, Serbia and Montenegro, Croatia, Macedonia, Bulgaria and Romania. These programs focus on teaching personal, social and technical skills to young people.
Funding in Latin America and the Caribbean will support entra 21, an IYF and Multilateral Investment Fund program designed to improve the employability of disadvantaged youths. In up to 26 countries, the project will train youth in skills related to current information and communication technology and place them in jobs related to their training.
While IYF and USAID have worked together previously, this partnership marks their first collaboration since the announcement of USAID's new business model, the Global Development Alliance. The new approach emphasizes using joint public-private ventures to expand the reach and effectiveness of the agency's development goals.
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Last Updated on: December 30, 2008 |
