RepoRt 2013 - Youth Business International · India Bharatiya Yuva Shakti Trust Mongolia Youth Business Mongolia ... 8 Global Summit Report 2013 traiNiNg Youth Business International’s

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RepoRt 2013

2 Global Summit Report 2013

Foreword 03

Youth Business International Network Map 04

Event Statistics 05

Launch of the 2013 Global Youth Entrepreneurship Summit 06

The St James’s Palace Reception 07

Training 08

Monitoring, Evaluation and Learning 09

Technology 10

Mentoring 11

Leadership 12

Young Entrepreneur Awards 2013 14

Global Youth Entrepreneurship Summit in Pictures 16

Summit Evaluation 18

Contents

ABoUt YoUtH BUsIness InteRnAtIonAL small business, big impact

Youth Business International (YBI) provides support for under-served, aspiring young entrepreneurs.

Our network of independent organisations combines global expertise with local experience to turn job-seekers into job-creators. Our members, present in 40 countries, provide young entrepreneurs (18 – 35 years old) with technical training, access to finance and mentoring.

In 2012 our members helped 11,884 young people start businesses. These entrepreneurs will go on to create nearly 40,000 additional jobs over 3 years.

Global Summit Report 2013 3

In September 2013, Youth Business International held its most ambitious event yet: the Global Youth Entrepreneurship Summit. Taking place in venues across London, the event represented a milestone in the youth entrepreneurship sector, and the development of the Youth Business International network.

Our primary objectives for the 2013 Global Youth Entrepreneurship Summit included building closer relationships within our network, engaging with partners, sharing knowledge, and further developing a global community of practice and learning within the sphere of youth entrepreneurship – with a particular focus on underserved young entrepreneurs.

Under the theme ‘Business as Unusual’, the Summit included in-depth workshops across Monitoring, Evaluation and Learning (MEL), Training, Technology, Mentoring, and Leadership which connected specialists through their shared knowledge, experiences and challenges.These workshops were also an opportunity for knowledge-creation and developing expertise from which the whole network can benefit.

Sector specialists, businesses, NGOs, mentors and entrepreneurs were able to connect under the 2013 Global Summit umbrella, which also welcomed 10 new members to the network since the 2010 Global Forum in Mexico – 4 of whom joined during the Summit.

Beyond the workshop and presentation space, network members attended a range of receptions across London, including St James’s Palace, the British Council, the Institute of Directors, Marlborough House, Asia House, and the Honourable Artillery Company which hosted our Young Entrepreneur Awards.

On the digital platform, members connected through the newly-launched online community – an innovative space for ongoing knowledge-sharing and the exchange of ideas.

The Summit was also a chance to publicise the challenges affecting youth entrepreneurship globally as well as the extraordinary work our members and young entrepreneurs are doing to overcome these barriers. To this end, the Summit and Young Entrepreneur Awards generated media coverage in, amongst others, the BBC, CNBC, The Daily Telegraph, Asian Voice and the Huffington Post.

Our members’ commitment and determination to help under-served young entrepreneurs turn their entrepreneurial aspirations into reality was given a significant boost by Barclays, BG Group and the Inter-American Development Bank who, together, committed an incredible $30million of support.

Many thanks go to our lead sponsors Accenture, Barclays and BG Group, and our supporters Goldman Sachs and Salesforce Foundation.

Finally, a very big thank you to everyone who attended and contributed towards our wonderfully successful Global Youth Entrepreneurship Summit 2013!

ForEwordAndrew Devenport, CEO, Youth Business International

Andrew Devenport


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global Youth ENtrEprENEurShip SuMMit lauNch:A platform to address youth entrepreneurship challenges

For leaders in business, civil society and the public sector, the launch of Youth Business International’s 2013 Global Youth entrepreneurship summit provided a significant platform to discuss key challenges and approaches in supporting young entrepreneurs around the world.

Hosted at the Institute of Directors in central London and moderated by CNBC anchor Ross Westgate, the launch was a truly international event with more than 300 attendees from over 40 countries, including YBI network leaders spanning Africa, Europe, Asia, the Americas and Australia.

Delegates heard directly from inspiring young entrepreneurs, such as Argentinean textiles and garments entrepreneur, Patricia Piccardo, and Karma Yonten, who is founder of the innovative Bhutanese recycling business ‘Greener Way’. Critical support from YBI member, the Loden Entrepreneurship Programme, was pivotal to Karma’s journey to enterprise and to successfully scale and grow his business.

Representatives from the World Bank, Planet Finance, the Inter-American Development Bank (IADB), the Department for International Development and the Global Entrepreneurship Monitor (GEM) also discussed the needs of young entrepreneurs around the world at the practitioner level.

This panel debate was supported by the launch of YBI and GEM’s new report, ‘Generation Entrepreneur: the state of global youth unemployment’. A consistent message throughout was the recognition that a ‘one size fits all’ approach does not work across diverse geographies, economies and cultures, and there is still a significant need to better understand contextually-relevant good practice.

Accenture Chairman and CEO Pierre Nanterme, Barclays Chairman Sir David Walker, and BG Group CEO Chris Finlayson contributed substantially to launch discussions, outlining the role of their organisations to support the development of a stronger entrepreneurial eco-system and make meaningful contributions to NGO partners through their community investment programmes.

Barclays and BG Group, alongside the IADB, launched new global partnerships with YBI at this event, which collectively will support the establishment of over 43,000 new businesses globally.

IMAGe on LeFt: (from left to right) Claudio Cortellese, Dr Arup Banerji, entrepreneur Patricia Piccardo and Eleonora Nobile of Fundación Impulsar in Argentina.

IMAGe top RIGHt: YBI CEO Andrew Devenport (left) and BG Group CEO Chris Finlayson (right) signing a new global partnership.

IMAGe BottoM RIGHt: Accenture Chairman and CEO, Pierre Nanterme (right), shares his thoughts on youth entrepreneurship in an interview with CNBC anchor, Ross Westgate (left).


thE St JaMES’S palacE rEcEptioN:

His Royal Highness The Prince of Wales, Founder of Youth Business International, met and addressed more than 300 YBI guests at a spectacular St James’s Palace reception following the launch of the Global Summit.

YBI’s award-winning young entrepreneurs and network CEOs met The Prince of Wales in the Throne Room, where they had an opportunity to discuss their start-up businesses and the kind of support YBI members provided to young entrepreneurs around the world.

Reception guests also included several sponsors from, amongst others, Accenture, Barclays, BG Group and the Department for International Development. Also present were Jonathan Ortmans, President of Global Entrepreneurship Week; Claudio Cortellese, the Inter-American Development Bank’s Chief of Access to Market and Capabilities Unit; Dr Arup Banerji, the World Bank’s Global Director for Social Protection and Labour; and Sir Nigel Knowles, Chairman of the newly-formed Development Council.

Speaking to assembled guests in the Palace’s Queen Anne Room, The Prince of Wales said: “The problem I feel so often is that we have an enormous challenge in trying to deal with ever increasing

numbers of people along with the impact on resources. Let alone how do we provide enough jobs or start enough businesses. You, Ladies and Gentlemen, are the people who can help do it. You are doing it and I admire you greatly for all the efforts you’re making.”

The Prince of Wales continued: “I also finally wanted to pay a real tribute to the young business people, I met one or two this evening who have won awards. I know that so many of them have overcome huge obstacles in their own lives and within their own communities to be able to set-up businesses in the first place. It is an

Building possibilities for young entrepreneurs

extraordinary achievement for so many of these young people to do something. For instance when they went to see a bank and said they wanted to start their business the banks wouldn’t touch them.

“That is why I think what you can all provide through this network is of such importance because we can provide the first line of risk taking and helping people to get over that initial obstacle with advice and everything else then the banks will pay real attention to those businesses. So what you are doing is of crucial importance for the future and for helping to reduce youth unemployment.”

IMAGe on LeFt: His Royal Highness The Prince of Wales and Youth Business International network CEOs.

IMAGe BeLow: Award-winning young entrepreneurs and mentor with HRH The Prince of Wales. From left: Mohan Singh, Sharad Tandale, Godavari Satpute, HRH The Prince of Wales, Nimali Gunawardana, Huaping Yang and Karma Yonten.


traiNiNg

Youth Business International’s Youth Entrepreneurship Training Track united participants through shared experiences and common challenges. The track was aimed at initiating a global community of practice and learning, enabling YBI members to maximise the impact of their youth entrepreneurship training activities.

Participant presentations were particularly inspiring, providing our training experts with a deeper understanding of tried and tested methodologies as well as challenges faced by others around the world. By sharing what worked in one location, YBI was able to draw on lessons already learned to strengthen the support we provide elsewhere.

One key theme was the need to address and combat the low levels of confidence experienced by young entrepreneurs. No matter the size of their programme or how far-flung their location, each specialist had something valuable to contribute to this and other significant talking points which can help others better support the young people they serve.

“ Despite the diversity of our approaches, we share the same ultimate goal: to improve the skills and knowledge of our youth.” Noah Wandera, Training Manager, Enterprise Uganda

tRACK LeADeRs:

Reuben Saxon, Project Manager

Nina Vlemmings, Training Manager

13 attendees

Representing 12 countries

Many members expressed a strong interest in building e-learning tools and in developing approaches to standardising core training methodologies and programme management activities across multiple locations. Motivations driving such ambitions include anticipated efficiency gains and cost-savings that would allow them to expand their support.

These types of insights are invaluable contributions to building YBI’s global training programme that is being tailored to meet the entrepreneur training needs of our membership. Also, e-learning could make it easier for clients to complete training alongside running their business.

Based on participant feedback and shared highlights, this Track was for many also a deeply personal and rewarding journey – often challenging participants to step out of their comfort zones, whilst introducing them to new cultures, approaches and friendships.

Knowledge sharing has continued beyond the Training Track through YBI’s online community as well as offline, providing direct peer support for members as well as valuable contributions for further development of YBI’s global training offering.

IMAGe ABoVe: Training specialists hard at work during a team challenge. The agenda included presentations, interactive team challenges and dedicated discussion on a range of topics that were selected on the basis of participants’ needs and interests.

IMAGe on LeFt: Training specialists from 12 countries around the world participated in the Youth Entrepreneurship aimed at creating a global community of practice and learning.

Maximising the impact of youth entrepreneurship training activities


Building the capacity and skills of the YBI MEL community.

MoNitoriNg, EvaluatioN aNd lEarNiNg (MEl)

tRACK LeADeRs:

Laura Rana, MEL Manager

Annie Barber, Network MEL Manager

16 attendees


Building the capacity and skills of Youth Business International’s Monitoring, Evaluation and Learning (MEL) community was a core focus area of the MEL Track. Sessions concentrated on sharing knowledge, experience and challenges; developing a roadmap for the ongoing development of YBI’s MEL offering and community; and building up attendees’ MEL toolkits by exposing them to a range of innovative approaches.

The Track - designed to be interactive with a ‘learning by doing’ approach - was structured around a series of key learning questions that have emerged across the YBI network, such as ‘how to measure the less tangible outcomes and impacts of our work?’ and ‘how to capture value for money?’.

Specialists from across the network shared their best-practice examples, including the Canadian Youth Business Foundation’s experience with social return on investment and Brazil member Aliança Empreendedora’s Entrepreneurial Inclusion Index – a tool to capture less easily quantifiable outcomes.

The week also saw crossover sessions with Mentoring and Training specialists, and track leaders Laura Rana and Annie Barber presented the Contexts Framework - the output from a research project in conjunction with Restless Development, War Child UK and the Overseas Development Institute (ODI) which explores ‘what works where and why’ in the youth entrepreneurship sector.

Attendees praised the Track’s support, effective coordination, and its invaluable opportunity to learn from different countries’ experiences. Knowledge-sharing has continued following the Summit via the YBI online community, and follow-ups are planned through, for example, the above-mentioned Contexts Framework project.

IMAGe: MEL specialists enjoyed the opportunity to ‘learn by doing’, and shared knowledge and experiences of challenges and best practice.

“ It was wonderful to meet all the MeL track specialists and hear about their passion for what they do. they are making a difference!” Beth Dea, Programme Director, Canadian Youth Business Foundation

“ thank you for putting together and coordinating the MeL track so effectively. thank you for your invaluable support, friendship and ‘patience’.” Sachin Adsare, Cluster Head, Bharatiya Yuva Shakti Trust (BYST), India


tEchNologY

Having good systems and processes are key requirements for our members to effectively measure the impact of their support to young entrepreneurs, and to enable them to grow. YBI offers the Salesforce Operations Management System (OMS) as a solution for members to track their entrepreneur and mentor relationships, and get the insights they need to achieve these aims.

The Technology Track focussed on building community spirit amongst participating members, project management and OMS skills, and the future strategy of the OMS offering.

“ It was exciting, useful, necessary and very motivating! I hope to become a more active oMs user after these 4 days and already see how I can add value to YBR through the oMs.” Lena Trakhtenberg, Chief Operations Officer, Youth Business Russia

tRACK LeADeRs:

Jonny Elliot, Programme Manager Salesforce

Matt Morris, Project Manager Salesforce

James Greenwood, Project Manager CRM

11 attendees


As part of the week, delegates enjoyed a day of workshops at Salesforce’s London headquarters, where they learnt new skills including how to create dashboards for management information, and managing the change that comes when introducing new technology to organisations.

Technology specialists also had the opportunity to present key features that they had been developing together with the YBI team. These included online entrepreneur application integration, interview and business evaluations, and fundraising and grant management.

Community spirit, knowledge and skills for project success

IMAGe on RIGHt: Day 1: All smiles on the Technology Track as each specialist shares a little about themselves and their organisation.

IMAGe BeLow: Day2: The team visit the dizzy heights (26th floor) of Salesforce’s headquarters in the heart of London for a skills workshop.

An important consideration for the technology specialists was the need to maintain the track’s momentum after the Global Summit. To this end, the attendees built a “wish list” throughout the week of ideas for new features, support, and improvements, which the YBI team hope to deliver in the next 12 months. Features include mass email campaigns, automated mentor reporting, and portals for entrepreneurs and mentors.


Effective business mentoring: sharing skills, knowledge and attitude

MENtoriNg

tRACK LeADeRs:

Hoang Anh Thi Le, Mentoring Programme Manager

John Cull, Mentoring Expert and Consultant

Up to 40 attendees


Mentoring has gained increasing prominence in the Youth Business International network. With over 25,000 mentors in the global YBI community, the Mentoring Track represented one of the biggest mentoring networks in the world.

This Track - focussing on knowledge- sharing, exploring good practice and networking - enabled specialists to share successes, challenges and innovations. Professor David Clutterbuck, a renowned world expert on mentoring, gave YBI mentoring specialists a master class on key areas, such as mentor-mentee matching; the requirements of a sound mentoring manager; and effective supervision and evaluation.

Newcomers to the mentoring programme received YBI’s mentor induction training, while more experienced specialists learnt about new mentoring tools and models.

YBI’s new Mentee Training Workshop was also showcased, which will help young entrepreneurs maximise the potential of their mentoring relationship. This offering was developed in recognition of the equal role both mentor and mentee need to play in a mentoring relationship.

To date, YBI’s mentoring offering has included comprehensive project support for members’ mentoring programmes; it has delivered master class workshops; new mentoring partnerships with mentoring organisations have been developed; and there has been an increase in mentoring-specific funding.

“ the week was full of energy, team spirit and one goal: mentoring!” Kayode Oluwafemi, Coordinator, FATE Foundation, Nigeria

As part of building a global mentoring community, delegates put forward ideas such as more regional workshops; more frequent specialist workshops; regional mentoring awards; and ‘buddying’ younger mentoring programmes with more experienced ones. Delegates also focused on their organisations’ specific development goals beyond the Track, which included fostering the concept of volunteer mentoring within their countries, recruiting more mentors, and enhancing training in regional offices.

IMAGe ABoVe: Mentoring specialists were actively engaged in the series of Mentoring Track sessions, including ‘Mentoring Skills for Success’, ‘Passion, Expertise and Knowledge Transfer’, and ‘Building a Global Mentoring Community’.

IMAGe on LeFt: (from left to right): Ana Bejarano (Spain), Josefin Hildinge (Sweden), Yonghui Wu (China) and Mohan Singh (India) involved in group knowledge-sharing.


lEadErShip

the Leadership track enabled network members to discuss challenges, exchange ideas, focus on strategic goals, and it celebrated new joiners to the community. this track also supported members to assess YBI’s opportunity to grow as a knowledge community, which included valuable input from delegates who attended the specialist training, Mentoring, MeL and technology tracks.

welcoming new network MembersTen new members to YBI since the 2010 Global Forum in Mexico were warmly welcomed in a session led by Dianne Cornes and Sarah McMillan, YBI Directors of Network Expansion. A further four programmes signed Memorandums of Understanding with YBI CEO, Andrew Devenport. Some new members have grown from roots in entrepreneurship training; others have developed from a micro-loan base to deliver training and mentoring; and others are reaching scale via partnership models. However, all bring fresh expertise and ideas whilst sharing the same core values, adding to the diverse richness of YBI.

Brazil: Alianca Empreendedora Lina Uscheche

Chile*: Acción Emprendedora Anibal Pinto

Italy: PerMicro & PerMicroLab Corrado Ferretti

Jordan: Tamweelcom Ziad Al Refai

Mongolia: Development Solutions Bat-Orshikh Erdenebat

netherlands*: Qredits Roy Spit

nigeria: Fate Foundation Elizabeth Olofin

peru: Colectivo Integral de Desarrollo Bady Acuna

serbia: Youth Business Serbia Neda Stankovic

spain: Youth Business Spain Guillem Aris and Ana Gonzalez

sweden*: NyföretagarCentrums Harry Goldman

tunisia: Enda Inter-Arabe Fethi Cherni

Uganda: Enterprise Uganda Mary Odongo

United Kingdom*: Start-Up Direct James Pattison

NEw MEMbErS to Ybi SiNcE 2010

* These four organisations signed Memorandums of Understanding at the 2013 Global Summit.

IMAGe BottoM LeFt: Finalists for the Network Citizenship Award as voted for by the YBI network. (From left): Julia Deans (CEO, Canadian Youth Business Foundation and winner of the Network Citizenship Award), Eleonora Nobile (Executive Director, Fundación Impulsar, Argentina), Sunny Du (CEO, Youth Business China) and Boris Tkachenko (CEO, Youth Business Russia).

IMAGe LeFt AnD top RIGHt (opposIte): Delegates attending the Leadership Track were able to discuss challenges, share knowledge and ideas, and focus on strategic goals.


Ybi StratEgY (2014 – 2017)

The Global Summit was an important opportunity to continue network consultation on the development of YBI’s new three-year strategy (2014 – 2017). This discussion followed YBI’s General Meeting where the Board and members discussed the Progress Report and voted to approve a number of new initiatives.

Key questions included what priorities should a global network adopt and how best can YBI’s members, operating in many different countries and contexts, work effectively together? Facilitated by International Agenda founder and CEO Suzanne Gowler, YBI members debated YBI’s draft strategic framework and its five priorities, namely expanding network scale and capability; building value through partnerships; creating an evidence-based network; growing knowledge-based communities; and increasing YBI’s sector influence.

The framework introduces five enablers into YBI strategy, which were also debated – activities deemed essential to ensure that the priorities can be met – namely, technology, brand, quality assurance, data and member engagement.

Delegates emphasised different challenges and opportunities that provided important feedback to the ongoing development of YBI’s strategy ahead of launch of the new three-year plan in April 2014.

Key YBI partners came together in this session to discuss the challenges and opportunities of developing cross-sector partnerships. The session featured contributions from Jill Huntley, Accenture Global Director for Corporate Citizenship; Steven Cooper (Barclays MD, Head of Retail and Business Banking and Chair of the UK Community Investment Committee); Ramanie Kunanayagam (Group Head of Social Performance at BG Group); Dr Rachel Waterhouse (DFID Uganda, and Growth and Resilience Team Leader); and Maritza Vela (MIF, IADB, Specialist).

Trust is central to a successful partnership, said contributors. Furthermore, because partnerships exist among individuals and not just with the organisations involved, partnerships must be built on shared values, priorities and agendas. The designs of partnerships are also crucial, but the real proof is in the implementation. Partnerships can only be renewed and work in longer- term if there is clear value being created from the partnership. Finally, it is important to be honest and to share lessons. Lesson-learning builds sustainability – from failures as well as successes.

partNEriNg For iMpact

buildiNg a lEadErShip coMMuNitY

Everyone has a brand. The challenge for leaders is to understand their brand and to build a leadership style around that, explained John Purkiss, author of ‘Brand You’ in this Leadership Track session. Quoting Amazon founder, Jeff Bezos, he added: “It’s ‘what people say about you when you are not in the room’.” This session enabled delegates to share personal, organisational and network leadership challenges and experiences.

Julia Deans of the Canadian Youth Business Foundation (CYBF) focused on leadership of the government agenda, drawing on CYBF’s experience of working with government at different levels: provincial and national.

Youth Business China CEO, Sunny Du, emphasised that, in order to maintain high standards, a balance between quantity and quality is critical when it comes to growth. He also encouraged a culture of openness in leadership in the NGO sector, urging leaders to share best practice and knowledge.

Guillem Arís, Director of Youth Business Spain, shared a perspective on leadership through collaboration, and Executive Director Elizabeth Olofin of Nigeria’s Fate Foundation highlighted the importance of hope and strong personal convictions to lead sustainable change, especially in challenging operating environments where “me, myself and I” attitudes can prevail.


YouNg ENtrEprENEur awardS 2013Celebrating the success of young, under-served entrepreneurs whose businesses transform lives

Young entrepreneurs from around the world were honoured at Youth Business International’s 2013 Young Entrepreneur Awards. The event - attended by almost 300 people and held at London’s Honourable Artillery Company - paid tribute to the courage, inspiration and determination shown by under-served young people who, with the assistance of YBI network members, have created exceptional and successful, sustainable businesses.

Sharad Tandale from India won the overall Young Entrepreneur of the Year title – narrowly beating Huaping Yang of China and Prinson Thuraiaiya of Sri Lanka. Sharad, who comes from a marginalised farming community, has turned a $20,000 loan in 2011 into an engineering company, Innovation Engineers and Contractors, which boasts a $500,000 annual turnover with more than 160 employees. “I want to boost the spirit and the belief of the local community that nothing is impossible in the world if you try hard,” said Sharad upon receiving his award.

YBI CEO Andrew Devenport said: “Laying the foundations of his business with integrity and ensuring his workforce is happy are central to Sharad’s success going forward. He is exactly the kind of role model other young people in India, and indeed around the world, need to see recognised.”

The event was hosted by Channel 4 news presenter Krishnan Guru-Murthy, and keynote speaker Wilfred Emmanuel-Jones, who is founder of The Black Farmer, highlighted the importance of having absolute focus and a positive attitude when pursuing career aspirations.

“ I want to boost the spirit and belief of the local community that nothing is impossible in the world if you try hard. Life is tough for everyone where we live. My employees have helped me reach and touch success – not just for me but for everyone! thank you to everyone who has supported me, including YBI and Bharatiya Yuva shakti trust.” Sharad Tandale, CEO, Innovation Engineers & Contractors and YBI Young Entrepreneur of the Year 2013

IMAGe: The 2013 award-winning YBI young entrepreneurs and their support networks.

(from left to right): Andrew Devenport (YBI CEO),

Lakshmi Venkatesan (Executive Vice President,

Bharatiya Yuva Shakti Trust); Mohan Singh (Mentor

of the Year); Sharad Tandale (Young Entrepreneur of

the Year); Ramesh Bendre (Sharad Tandale’s Mentor);

Godavari Satpute (Woman Entrepreneur of the Year);

Huaping Yang (Runner-Up, Young Entrepreneur of

the Year); Karma Yonten (Environmental Entrepreneur

of the Year); Vartharajah Kumaraguru (National

Programme Manager, Youth Business Sri Lanka who

collected the award on Prinson’s behalf as Runner-Up,

Young Entrepreneur of the Year); Nimali Gunawardana

(Start-Up Entrepreneur of the Year); and Pema

Wangchuk (Special Executive Officer, The Loden

Entrepreneurship Programme).

The Awards, which were supported by Barclays, also honoured four category winners: Woman Entrepreneur of the Year, Godavari Satpute (India); Environmental Entrepreneur of the Year, Karma Yonten (Bhutan); Start-Up Entrepreneur of the Year, Nimali Gunawardana (Sri Lanka); and Mentor of the Year, Mohan Singh (India).

YBI Founder, His Royal Highness The Prince of Wales, said of the awards: “From China to Sri Lanka, these talented entrepreneurs show us what can be done with a small amount of money and the right kind of support.”


“ I want to boost the spirit and belief of the local community that nothing is impossible in the world if you try hard. Life is tough for everyone where we live. My employees have helped me reach and touch success – not just for me but for everyone! thank you to everyone who has supported me, including YBI and Bharatiya Yuva shakti trust.” Sharad Tandale, CEO, Innovation Engineers & Contractors and YBI Young Entrepreneur of the Year 2013

start-Up Loan: $500

Loan Issued: February 2010

2012 Annual turnover: $10,900

employees: 5 full-time; 20 part-time

Business: Prinson Brass Products – brass foundry business producing metal castings from waste metal.

Supported by: Youth Business Sri Lanka

WINNER YOUNG ENTREPRENEUR OF THE YEAR: Sharad taNdalE (33)

start-Up Loan: $7,969

Loan Issued: November 2008

2012 Annual turnover: $1,770,000


Business: Chengdu Aosite Education – an after-school tutoring chain for students of all ages.

Supported by: Youth Business China

WINNER YOUNG ENTREPRENEUR OF THE YEAR: Sharad taNdalE (33)


Loan Issued: June 2009



Business: Godavari Akashkandil – designing and producing decorative paper lamps from waste material.

Supported by: Bharatiya Yuva Shakti Trust, India

WOMAN OF THE YEAR: godavari SatputE (33)


Loan Issued: 2011



Business: Innovation Engineers & Contractors - infrastructure services business.


WINNER, YOUNG ENTREPRENEUR OF THE YEAR: Sharad taNdalE (33)

RUNNER-UP, YOUNG ENTREPRENEUR OF THE YEAR: priNSoN thuraiaiYa (32)

RUNNER-UP, YOUNG ENTREPRENEUR OF THE YEAR: huapiNg YaNg (33)

start-Up Loan: $781

Loan Issued: July 2011

projected turnover 2012/2013: $39,200


Business: Nimali Chips and Fibre Mill – producing and exporting coir for mattresses, coir piths and coconut husk chips.

Supported by: Youth Business Sri Lanka

START-UP ENTREPRENEUR OF THE YEAR: NiMali guNawardaNa (25)

Mohan has mentored more than 50 entrepreneurs over a 19-year period. He was also pivotal to the success of Bharatiya Yuva Shakti Trust’s Mobile Mentor Clinic, which sees mentors travel from urban areas to rural entrepreneurs’ doorsteps to deliver support and guidance.


MENTOR OF THE YEAR: MohaN SiNgh, dirEctor, hiNd Fluid powEr


Loan Issued: December 2010



Business: Greener Way – waste management and recycling.

Supported by: The Loden Entrepreneurship Programme, Bhutan

ENVIRONMENTAL ENTREPRENEUR OF THE YEAR: karMa YoNtEN (30)


GLoBAL SUMMIT 2013 iN picturES


GLoBAL SUMMIT 2013 iN picturES

“ I feel now as a member of a big family!” Survey Respondent

“ I thought the entire week was wonderful, and have come home energised and inspired. thank you all!” Survey Respondent


Youth Business International conducted online surveys (pre- and post-summit) to capture expectations, ensure feedback was incorporated into the summit Agenda, and measure delegates’ overall experiences.

the survey results – based on responses from across the network - will ensure that the YBI network team continues to improve and respond to the needs of its members. It will also help the team measure and articulate the benefits derived from network and knowledge-sharing events so that it is better placed to deliver these benefits.

Inclusion: 98% answered either ‘Very Good’ or ‘Good’

Relationship-Building (with YBI members): 96% rated this as a ‘highly significant’ or ‘significant’ benefit

Knowledge exchange: 91% rated this as a ‘highly significant’ or ‘significant’ benefit

Learning specific interest/challenge: 87% rated this as a ‘highly significant’ or ‘significant’ benefit

Innovation: 83% rated this as a ‘highly significant’ or ‘significant’ benefit

Acquiring new skills: 74% rated this as a ‘highly significant’ or ‘significant’ benefit

SoME hEadliNE rESultS:

EvaluatioN


6% About the Same

31% More Motivated

63% Significantly More Motivated

This question measures the likelihood of tangible outcomes for the network. Types of activities members plan to do differently include implementing new programmes, changing operations, adjusting risk, implementing new measurement tools, and enhancing internal communications.

98% rated the Awards as ‘Very Good’ and ‘Good’.

98% stated that the Awards event was relevant to the work

of YBI members with 84% saying it was very relevant.

93% believe that the event can benefit young entrepreneurs.

Language services: English is not the first language of the majority of YBI network members. Providing more language services has been raised as key consideration for

future YBI network events.

Diversity of speakers: YBI has received requests for more involvement of women, young people and other stakeholders

in the sector.

time-Keeping: Delegates commented on the pace of the sessions,

which were felt at times to be a little rushed. In addition, more time was needed to delve deeper into certain

issues of interest.

63% 31%

6%

87%

13%

87% YES

13% No

percentage of delegates planning to do something different due to the Global summit:

post-summit Motivation Levels:

YoUnG entRepReneUR AwARDs ResULts ALso sUGGesteD 3 KeY

AReAs FoR IMpRoVeMent:

Delegates’ responses towards their youth entrepreneurship work as a result of attending the Global Summit:

Lead sponsors In association withMedia partner

without the lasting support of our sponsors and supporters, this Global Youth entrepreneurship summit would not have been possible. their support for our work and their engagement with YBI members brings real benefits to young entrepreneurs throughout our network.

RepoRt 2013 - Youth Business International · India Bharatiya Yuva Shakti Trust Mongolia Youth Business Mongolia ... 8 Global Summit Report 2013 traiNiNg Youth Business International’s

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