4. supporting youth entreneurship by boris
TRANSCRIPT
Mongolian Entrepreneurship Summit 2014 10 November Panel Session
“"THE BIG PICTURE" ”
Boris Tkachenko Head of IBLF Russia, “Youth Business Russia” Programme Manager
“Experience of the complex support of youth
entrepreneurship in YBI network on the example of YBR”
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
Key notes
-‐ Why youth? GEM/YBI report "Genera-on Entrepreneur? The state of global youth entrepreneurship”
-‐ Importance of the complex support for youth start-‐ups, based on experience of Youth Business Interna@onal/Youth Business Russia
-‐ The role of mentoring in entrepreneurship
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
Why youth?
• There are 1.2 billion young people in the world and the number is increasing
• Global youth unemployment at highest recorded level of 76.4 million
• Young people are three -mes more likely to be unemployed
• A dispropor@onate number of the world’s working poor are young
• Youth unemployment is an escala-ng threat to economic prosperity, social cohesion and poli@cal stability
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
GEM/YBI report
Main recommenda-ons
� Educa@on
� High-‐growth expecta@ons
� Media coverage
� Fear to failure
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
Youth Business Interna-onal (YBI) � YBI is a global network of independent non-‐profit ini@a@ves (youth
entrepreneurship support programmes) opera@ng in 46 countries around the world
� Founded by the Prince of Wales as a Programme of the Interna@onal Business Leaders Forum. Became an independent charity in 2006;
� We support disadvantaged young entrepreneurs (aged 18-‐35) to access the support they need to start and grow a business in order to create jobs, build communi@es and transform lives
� Focused on those above subsistence level but without access to finance and other key support
� Everywhere we work our support model is adapted to suit local needs and opportuni-es in each country
� Our members/delivery partners are subject to a rigorous independently-‐administered quality assurance process to maintain standards across our global network
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
England, France, Scotland, Israel, Poland, Ukraine,
Russia Canada, USA
Bangladesh, Bhutan, India, Mongolia,
Sri Lanka Barbados,
Belize Dominica,
Jamaica, Trinidad & Tobago
Argen-na, Bolivia, Brazil, Paraguay,
Uruguay
Saudi Arabia, Syria
South Africa, Kenya, Nigeria
China, Hong Kong, Singapore
Australia
Where we operate
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
Complex support for youth start-‐ups, YBI/YBR experience
Training and Consulting
Mentor’s support Financing
Age 18-‐35
Neither collateral nor guarantee
required Expert
entrepreneurs and business owners
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
YBR � Goal: To s@mulate entrepreneurship in Russia amongst young people.
� Approach: Provision of complex support (training/consultancy, funding and mentoring).
� Philosophy of partnerships: We use cross-‐sector partnerships (public, private and NGOs) as a core for delivery the program in the Russian regions.
� Regions: Kaluga, Voronezh, Novosibirsk, Rostov, Moscow, Kirov, Krasnodar and Primorsky Krai
� YBR program as a part of a Youth Business Interna-onal (YBI) network
� The overall management for the YBR in Russia is carried out by IBLF Russia
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
History of Youth Business Russia
� Founded in 2008 as a joint project of IBLF, Oxfam and Royal Bank of Scotland (RBS);
� By now opera@ng in 8 regions across Russia;
� More than 50 interna@onal, na@onal and regional partners;
� Crea@ng around 30 new businesses in each region annually;
� Every new business creates 3-‐4 jobs.
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
YBR as a part of YBI � Ac@ve involvement in network’s global and interregional events (forums, conferences, workshops);
� Adap@ng materials in Russian language;
� Providing consultancy and study tours for network’s “newcomers” (eg Serbia, Mongolia, Kazakhstan, Belarus);
� Sharing experience with other network’s members;
� Member of YBR board is represen@ng Russian-‐speaking countries in YBI Board of Trustees;
� Nomina@ng par@cipants for YBI annual awards.
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
The role of mentoring in entrepreneurship
Ø Unique YBI product
Ø Applied in all of the 46 programs
Ø YBR adjusted for Russia local environment and has been successfully opera@ng for 6 years
Ø Long-‐term interna@onal experience shows direct correla@on between effec@ve mentor’s support and increased chance for successful business/ business sustainability / punctual loan repayment
Ø Mo@vates young entrepreneurs to achieve objec@ves
Ø Improves entrepreneurial skills
Experience of the complex support of youth entrepreneurship in YBI network on the example of YBR
Thank you very much for your agen@on!
Boris Tkachenko
[email protected] www.iblfrussia.org