5% of young Tunisians are entrepreneurs (ITES) | Tunisia News Gazette

5% of young Tunisians are entrepreneurs (ITES)

5% of young people in Tunisia are entrepreneurs, the Tunisian Institute of Strategic Studies (ITES) revealed at a workshop held Wednesday in Carthage.

Almost 23% of businesses shut down after only 3 years of activity, the same source added.

The majority of young people seek jobs only in the public (service) sector and still do not dare launching their own projects, said Head of the Youth Department at the Institute, Rami Mahfoudh.

He stressed that the majority of studies agree on the fact that young Tunisians still feel a certain disaffection with entrepreneurship.

ITES will shortly start a study on young people and entrepreneurship. Its objective is to determine the difficulties facing young Tunisian entrepreneurs and to propose the necessary mechanisms to encourage them? Rami Mahfoudh Said.

The lack of edginess, the absence of the working culture and assurances that allow young Tunisians to get a bank loan are the main causes that prevent them from starting their own businesses, said Neji Jalloul, Director General of Tunisian Institute of Strategic Studies (ITES)

The main obstacle remains the absence of support and guidance for young entrepreneurs when starting their projects, President of the Tunisian Centre for Young Business Leaders Wafa Lamiri pointed out, stressing that it’s crucial to give importance to the phase that follows the business launch.

According to her, 80% of the projects fail because of the absence of guidance and support.

Source: TAP News Agency

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