1 / 17

YES FUND Global Fund for Youth Entrepreneurship ?

YES FUND Global Fund for Youth Entrepreneurship ?. Maritta Koch-Weser, CEO, Global Exchange for Social Investment Nairobi, September 14, 2006. Mapping Needs & Opportunities How a YES Fund could be built How a YES Fund could start. 1. Mapping Needs & Opportunities.

jela
Download Presentation

YES FUND Global Fund for Youth Entrepreneurship ?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. YES FUND Global Fund for Youth Entrepreneurship ? Maritta Koch-Weser, CEO, Global Exchange for Social Investment Nairobi, September 14, 2006

  2. Mapping Needs & Opportunities • How a YES Fund could be built • How a YES Fund could start

  3. 1. Mapping Needs & Opportunities

  4. Needs: Social Challenge Demographics A huge young generation in Poverty & Unemployment

  5. Existing Opportunities Building blocks for entrepreneurship Social Demographics Of Poverty Teaching young Entrepreneurship EDC, NFTE, BUZZ, etc Review of Business plans e.g. BID challenge Social organization e.g.YES Ayrton Senna Etc.

  6. Existing Opportunities Missing Social Building blocks for entrepreneurship Start-up finance e.g. YES FUND Demographics Of Poverty Teaching Young Entrepreneurship EDC, NFTE, BUZZ, etc- Associated coaching & “market graduation“ Social organization e.g.YES Ayrton Senna Etc. Review of Business plans e.g. BID challenge Checks & balances On performance

  7. With a YES Fund for Young Entrepreneurship • The (competitive) best among young entrepreneurs would benefit • Those too young / un-eligible for regular „banking“ could be included • Money & Guidance would be provided in combination (micro-lending & coaching) • Performance based gradual increases to larger amounts (never more than a few thousand $/€) would be possible • Transition to Regular Banking could be eased through stand-by small „collateral“ or guarantee arrangements

  8. 2. How a YES Fund could be built

  9. Required organizational Functions Global Driver Functions Social Organization Fundraising Fund Management Management M&E YES/EDC & Global Exchange for Social Investment/GEXSI

  10. Required organizational Functions Local Driver Functions Social Organization Fundraising Fund Management Management M&E To begin with in 1-3 pilot countries only Reputable, qualified local partner organizations

  11. Required organizational Functions Local Financiers Business Community Government Charities Global Financiers Development Aid Foundations Charities Business Community

  12. YES Fund: Required organizational Functions Local Financiers Business Community Government Charities Global Driver Functions Social Organization Fundraising Fund Management Management M&E YES/EDC & Global Exchange for Social Investment/GEXSI Local Driver Functions Social Organization Fundraising Fund Management Management M&E To begin with in 1-3 pilot countries only Reputable, qualified local partner organizations Global Financiers Development Aid Foundations Charities Business Community

  13. 3. How a YES Fund for Young Entrepreneurship could start

  14. How a YES Fund for Young Entrepreneurship could start On stand-by EDC/YES & GEXSI stand ready (organizational & legal framework) BID Challenge Stand-by Commitment for Review of Business Plans NFTE and other international training Programs

  15. How a YES Fund for Young Entrepreneurship could start • Discuss & Find • Pilot Country(ies) • First local (& global) Financiers • First Local Partnerships • for Implementation

  16. How a YES Fund for Young Entrepreneurship could start Discuss & Find Pilot Country(ies) First local (& global) Financiers First Local Partnerships for Implementation On stand-by EDC/YES & GEXSI stand ready (organizational & legal framework) BID Challenge Stand-by Commitment for Review of Business Plans NFTE and other international training Programs

  17. YES FUND for young entrepreneurship ?where to start? kochweser@gexsi.orgwww.gexsi.org

More Related