The development objective of Social Protection and Skills Development Project for São Tomé and Príncipe (STP) is to support the development of an effective national safety net system for poor households and inclusive and labor market relevant skills development programs. The first component, Institutional and Capacity Strengthening, aims to strengthen the capacity of ministerial staff and institutions responsible for activities in the social protection and skills development sectors. The second component, Vulnerable Families Program Conditional Cash Transfer, aims to increase income and consumption of poor households participating in the Vulnerable Families Program (VFP) in STP, through the provision of regular cash transfers and accompanying measures including a PEP and skills training opportunities under the project. The third component, Employability of TVET graduates and youth, aims to support the development and delivery of quality training programs in STP, with a specific emphasis on skills development needs in the Tourism sector and developing entrepreneurial skills. The fourth component, Project Implementation Support, aims to directly finance the costs associated with the fiduciary management of the project and the staff required to oversee coordination across ministries and project Monitoring
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