Young Entrepreneur Awards 2017

Every year, YBI celebrates the achievements of the young entrepreneurs supported by YBI member organisations across the globe through the Young Entrepreneur Awards* competition. This year’s edition had a special focus on the impact the businesses run by these entrepreneurs are having on the sustainable development of their communities. To assess that impact, YBI used the framework of the Sustainable Development Goals, adopted at the United Nations in 2015. The 17 global goals, with their 169 specific targets, focus on three main dimensions of sustainable development: economic, social and environmental.

The plan of action for this development agenda encourages all actors from across sectors to contribute to the achievement of the global goals. Governments, private sector organisations, civil society organisations, academia and individuals can take action towards the goals.

Youth Business International, through its very mission, is contributing towards a number of goals, through the work of the member organisations do individually and as a network:

  • SDG4 – Quality Education: YBI member organisations provide young entrepreneurs with entrepreneurship training education that complements their formal, non-formal or informal education, equipping them with the skills to start and develop their own business.
  • SDG8 – Decent Work and Employment: YBI works to tackle the inequality in opportunities that young entrepreneurs are facing, offering financial orientation or facilitating their access to finance to start or grow their own business.
  • SDG17 – Partnerships for the Goals: By excellence, YBI delivers its impact globally through cross sectorial partnerships, collaborating with the public, private and third sector as well as individuals for the delivery of its global strategy to support young entrepreneurs across the world.

 

Acknowledging the importance of all actors proactively contributing to the achievements of the global goals, YBI made it a purpose to guide young entrepreneurs towards a mind-set that makes them aware of their important role in achieving sustainable development everywhere, through the businesses that they build. For this very reason, this year’s Young Entrepreneur Awards competition was focused on the sustainable development impact the businesses of the entrepreneurs are having in their communities, as well as the potential to grow and expand that impact, replicating it in other regions.

The number and quality of the applications YBI received from across the network was overwhelming. In assessing the applications and choosing the most outstanding entrepreneurs and businesses, YBI counted with the support of an external judging panel, formed of representatives from YBI partners Accenture and the Citi Foundation. The judges’ decision was that Filipa Carreira, from Mozambique and Sadashiv Maskle, from India are the two winners of this year’s Young Entrepreneur Awards competition.

 

Filipa set up Wamina, a girl empowerment brand which aims to promote education and self-appreciation and provide reusable, affordable, and eco-friendly menstrual hygiene products to women and girls in peri-urban and rural Mozambique. To start her business, Filipa has received support from Ideialab, YBI member organisation in Mozambique.

Sadashiv founded Disha Sunlight, a company that provides integrated solar energy solutions contributing to rural infrastructure as a whole and especially to tribal areas and remote villages in India. Bharatiya Yuva Shakti Trust (BYST), YBI member organisation in India, has provided Sadashiv with significant support to start his business.

 

Both Filipa and Sadashiv have built business that bring a considerable contribution to sustainable development in their countries. To help them expand their business further, YBI is bringing the two entrepreneurs to Geneva, Switzerland, to participate in the pitching competition “Start-ups for SDGs”. The competition, taking place during Global Entrepreneurship Week 2017, is organised through a partnership between UNCTAD, Impact Hub Geneva, Politecnico di Milano, World Intellectual Property Organization (WIPO) and Youth Business International. Filipa and Sadashiv will attend the pitching competition, sponsored by One Creation, and present their ideas to a panel of impact investors and sustainable finance partners for a change to win up to $15,000 to develop their business.

Filipa and Sadashiv are representing the community of thousands of entrepreneurs supported across the YBI network who are making their contributions towards a more sustainable world. YBI, through its member organisations and working alongside partners globally, aims to make their contributions count and help them scale their impact.

 

*The Young Entrepreneur Awards, hosted by Youth Business International, demonstrate the contributions that young entrepreneurs can make all around the world. We created the competition in 2006, and since then we have celebrated outstanding entrepreneurs from all corners of the globe – including Argentina, China, India, Kenya, Perú, Saudi Arabia, Sweden and the UK. Read about the 2016 competition and winners here

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© Youth Business International 2017. In the UK Youth Business International is a registered charity no: 1123946. Tel +44 (0)20 3326 2060.