Our Network Has Grown and So Has Our Impact
Over the past twelve months the network has provided critical support to underserved young entrepreneurs, delivering great results.
Unlocking Support for Young Entrepreneurs
NEW COLLABORATIONS. Our partners have continued to provide valuable support to members around the network. For example, with the support of Hogan Lovells, Youth Business Russia has delivered a series of successful mentoring events. Meanwhile our member in Nigeria, FATE Foundation, launched an exiting new digital programme for aspiring young entrepreneurs with support from Facebook.
CITI FOUNDATION PARTNERSHIP. We teamed up with Citi Foundation to launch a new $1.6 million partnership as part of their Pathways to Progress global initiative. Through the partnership, 8,700 young people will be equipped with entrepreneurship skills and over 2,000 young people will be supported to set up or strengthen a business in eight European countries.
GLOBAL TRAINING MASTERCLASS. In March our member, Alianca Emprendedora, co-hosted 40 training specialists from across the network in Curitiba, Brazil. Participants shared their experiences and engaged in workshops exploring a range of methodologies and approaches, from design thinking to effectuation.
REGIONAL SUMMIT IN LATIN AMERICA AND THE CARIBBEAN. In September the 11 members involved in our Youth Entrepreneurship Programme supported by the Multilateral Investment Fund of the Inter-American Development Bank convened in Bogotá, Colombia. Discussions focused on how to develop, grow and connect programmes in the regions.
GLOBAL MENTORING MASTERCLASS. In October 30 mentoring managers from around the YBI network engaged in workshops with sector thought leaders to share their learning, tackle common challenges and plan for future collaboration – all enabling them to provide even better support to young entrepreneurs around the world.
NEW WEBINAR SERIES. We launched our first training and mentoring webinar series, giving members the opportunity to deepen their understanding of good practice from around the world. Our members Youth Business Spain, ideiaLab in Mozambique and Futurpreneur in Canada led webinars showcasing their approaches and methodologies.
SKY’S THE LIMIT. With support from Accenture, we scoped an exciting new digital innovation to scale up support to young entrepreneurs. Initially developed by Youth Business USA, Sky’s The Limit provides young entrepreneurs with access to volunteer business advisory and mentoring support online. In 2018 seven members will pilot the platform.
REGIONAL CURRICULUM DEVELOPMENT. Youth Business Trusts in Jamaica, Barbados and Trinidad and Tobago kicked off a new collaboration to harmonise their entrepreneurship training curriculum. The framework for the curriculum was developed during an intensive workshop in Kingston, Jamaica with representatives from each trust and will be refined and piloted in 2018.
INTRODUCING SOCIAL ENTREPRENEURSHIP. In partnership with UnLtd, one of our members in the UK, we supported members in Colombia, Jordan, Uganda and Mongolia to integrate specific support for social entrepreneurs into their training. Impressively, Youth Business Mongolia has already organised the country’s first ever Social Entrepreneurship Summit.
ENGAGING THE EUROPEAN MICROFINANCE NETWORK. In April Youth Business Germany, Youth Business Spain and YBI’s Head of Mentoring delivered a lively and well attended session on mentoring good practice at the annual European Microfinance Network Conference in Italy. Over 40 participants engaged in different exercises to build their knowledge and skills.
SHARING OUR RESEARCH FINDINGS. In September we presented the interim findings of our flagship research on the impact of volunteer business mentoring to the annual Global Economic Opportunities Summit in Washington. Hosted by Making Cents International, the event was a great opportunity to share network learning and best practice with a diverse audience.
START UPS FOR SDGS CAMPAIGN. As part of Global Entrepreneurship Week in November, YBI partnered with UNCTAD, WIPO, Politecnico di Milano and Impact Hub Geneva to highlight the role of business in achieving the Sustainable Development Goals. Winner of YBI’s 2018 Young Entrepreneur Award, Filipa Carreira, was recognised for her business producing affordable, environmentally friendly sanitary pads.
Looking Ahead to 2018
We are pleased to welcome Anita Tiessen as YBI’s new Chief Executive Officer. Anita takes over from Andrew Devenport who steps down after 12 fantastic years at YBI.
In 2018 we look forward to creating more opportunities for learning and collaboration across the network in support of youth entrepreneurship. Thank you to our members and supporters who make it all possible.