YSEC's Social Finance Chain

YSEC Social Finance Chain :

Canada’s First for Youth, by

Youth Social Entrepreneurship Fund

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How It Works

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$1000 from YSEC

$1000 to youth driven social enterprise, selected on March 25th

from a pitch competition

As an interest free loan…

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That social organization

implements a program that

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a) has social impact, and

b) makes the $1,000 back +

profit

They keep the profit

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And then, they choose 2 other

youth driven social enterprises

And give these two organizations $500 each, as an interest free loan.

$500 $500

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So that both organizations receive $1,000 each, as an interest free loan.

$500 $500

YSEC invests a further $500

to each of these organizations

$500 $500

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Those two organizations each

create a program that makes

$1,000 + profit

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They keep the profit

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They then choose 1 youth

driven social enterprise, and

each invest $1,000 in the

organization

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For a total of $2,000, as an

interest free loan

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So what does this look like?

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$1,000

$1,000

$500 $500$500 $500

$2,000

$1,000 $1,000$500 $500

$3,000

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YSEC throws $1,000 into the pot

Project A gets that $1,000

Two new projects, B and C get

$500 from Project A, and another

$500 each from YSEC

One new project, Project D gets

all $1,000 from Project B and C

Project D gives $1,000 each to

two new projects, Project E and

F. YSEC gives each project

another $500 each.

One new project, Project G gets

all $3,000 from Project E and F

A

B C

D

E F

G

The Details

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Eligibility

• 17-30 years old

• Have a revenue generating idea for social

impact

• Be a YSEC Member

– (Memberships are cheap and entitle you to free

stuff!)

• Fill out an application form!!

(Don’t worry, you can apply to this fund

multiple times)

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Application Deadline

• February 17th, 2010

– E-mail completed applications to

[email protected]

• Five successful applicants will

be invited via e-mail by March 1

to participate in YSEC’s Pitch

Competition on March 25th.

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On March 25th, 2010 YSEC will

announce the first winner of

the YSEC Accordion. The

winner will be given a cheque

for $1,000 to start their social

enterprise idea.

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The winner gets:

• $1,000 as a loan to launch their idea

• Free marketing! Through YSEC’s

network

• To make history as the first recipient

of YSEC’s Social Finance Chain

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