Abstract
The purpose of the study was to assess the effect of the YEDF on the promotion of youth owned business enterprises in Kenya focusing on youth groups in Nakuru East sub-county, Nakuru County, Kenya. The specific objectives of the study included an analysis of the effect of financial services offered by YEDF on the promotion of youth owned business enterprises in Nakuru East County, an assessment of the effect of f capacity building offered by YEDF on the promotion of youth owned business enterprises in Nakuru East County, and an assessment of the effect of the marketing and linkages services provided by the YEDF on the promotion of youth owned business enterprises in Nakuru East County. The study adopted a descriptive survey research design, with a target population of 240 registered youth groups hence a sample size of 71 youth groups generated from the Nassiuma’s Sample Size Formula for larger population. The study adopted the mixed sampling methods (stratified random sampling (for the youth group’s respondents) and purposive sampling technique was used for the interview guide. The study results revealed that the independent variables (Marketing and linkages, capacity building, and financial support) had a huge influence on the variation of the growth of the youth owned enterprises. The study concluded that marketing and linkages services of YEDF had a statistically significant influence on the growth of the youth owned enterprises. The study concluded that the capacity building of YEDF had a statistically significant influence on the growth of the youth owned enterprises. The study concluded that the financial support given by YEDF had a statistically significant influence on the growth of the youth owned enterprises. That in respect to the marketing and linkages services, the YEDF should place greater emphasis on the YEDF created trade fairs impact on the marketing of the products for youth enterprises and YEDF created trade fairs impact on the networking with suppliers. 
 
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Highlights
Unemployment is one of the most daunting economic challenges facing Kenya
The adjusted coefficient of determination stood at 0.607 which indicated that 60.7% of the variance in the growth of the youth owned enterprises were as a result of the changes in the marketing and linkages, financial support and capacity building of the youth owned enterprises by YEDF
The study results revealed that the independent variables (Marketing and linkages, capacity building, and financial support) had a huge influence on the variation of the growth of the youth owned enterprises
Summary
Unemployment is one of the most daunting economic challenges facing Kenya. The Youth account for 61% of the unemployed in Kenya. Many of the unemployed Youth have no job training other than formal schooling. Unemployment is not just a lack of jobs, and a lack of job skills due to inadequacy of the training infrastructure as well as the means to acquire skills, due to poverty. It is in recognition of the above facts that the government conceived the idea of institutional financing as a way of addressing youth unemployment. The twin strategic pillars of this initiative are enterprise development and externally focused employment creation through Youth Employment Scheme Abroad (YESA) (United Nations, 2019)
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