youth innovation fund youth-to-youth community aug. 2, 2006 youth to youth community

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Youth Innovation Fund Youth-to-Youth Community Aug. 2, 2006 Youth to Youth Community

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Youth Innovation FundYouth-to-Youth Community

Aug. 2, 2006

Youth to Youth Community

Who is the Y2Y Community?

• The Youth-to-Youth Community (Y2Y) is a network of young World Bank staff created in 2004 to:

– Channel fresh ideas and perspectives into World Bank operations– Engage and empower youth in development

• Y2Y membership has continuously increased - Y2Y's newsletter now reaches over 1000 young staff at the Bank

• Today, Y2Y has eight annual activities

Summary of Y2Y ProductsOngoing and Growing…

• Youth Innovation Fund (YIF)• Youth Conference during UN Week

Preston Auditorium, October 23, 2008

• Mentorship Program• Monthly Newsletter• Youth-Focused BBLs and Seminars• Career Series• Networking Events• Network of DC Youth Organizations

Youth Innovation Fund

The YIF Approach

• Small grants: $10K per winning project for 9 months

• Young leaders: Staff below age 33 from all regions can apply

• YIF projects are Bank projects: * Integration in Bank operations* Support from CMU

• Selection Committee: composed by Senior Staff

The YIF’s Goals

• Leverage Local resources• Achieve maximum impact with

minimal resources• Promote partnerships with key

development players

• Meet the demand for youth projects in Bank regions

• Linkages to Bank operations

• Build youth capacity and a knowledge network within the Bank Innovation

Impact Efficiency

YOUTH

Y2Y Requirements

• Need approval from your own Manager• Need support from Senior Management• Need approval from Country Officer in that

country• Written Documentation is sufficient for

approval

• 54 in 36 countries out of 145 project proposals funded and implemented to date:

• Total seed funding from VPUs: $527,000

• Seed project funding in LCR increased from $10K to $18K and implementation timeframe extended to 11 months

YIF Progress to Date

LCR (18 projects)EAP (4 projects) MNA (9 projects)

SAR (10 projects)AFR (4 projects)ECA (9 projects)

The YIF in FY09 and Beyond

• LCR – 5 projects • EAP – 4 projects• MENA – 4 projects • MENA – committed $43K for a new round• We Hope to have more YIF…..

Youth Innovation FundMNA 3rd Round

MENA OVERVIEW OF LAST YEAR’S WINNERS

1. Name/Title of the Project: Irina Shaorshadze -Career Fair in Yemen for Recent High-school graduates

Target Country or Countries: YemenTotal Cost of the Project: $10,000Project Leader: Irina Shaorshadze Key Youth Issue: Unemployment/Skill MismatchAchievements:Partnered with the Ministry of Education and Sana

University to conduct a careers fair. Resulted in Sana University commiting to a dedicated careers office on site

WinnersName/Title of the Project: Dana Shoqom – Woman-to-

Woman Mentoring– Mentoring and Capacity Building Leading to Job Creation for Orphaned Female Youth

Target Country or Countries: JordanTotal Cost of the Project: $10,000Project Leader: Dana ShoqomKey Youth Issue: Capacity and Mentoring for orphaned

female youthAchievements:Placed 20 orphaned females between 19-25 in internship

programs for 2 days a week for 3 months

“Clicking Towards a Better Future in Morocco”

Sophie Muller & Imane Ikkez

Criteria Selection

• Degree of Innovation• Alignment with country strategy• Sustainability (support from NGO/other partners,

part of an ongoing program etc.)• Potential Impact• Realism of implementation schedule and budget• Country distribution (not all in a few countries)

Project TimelineMNA YIF Timeline 2008 Tuesday, Oct. 15h - Launch and information session Wednesday, November 7st - Applications due (submitted through MNA YIF portal) Wednesday, November 13th - Selection committee meeting

Wednesday, November 15th - Winners announced Week of November 19th - Half-day course on procurement, disbursement and M&E training for winners December 2008 - Project implementation begins 2008 March 2009 -Mid-term reports due June 2009 - Project completion July 2009 - Final reports submitted•

Contact Information

• If you have any questions;

• Matias David Horenstein [email protected]• Troels Egeskov Sorensen

[email protected]• Mehreen Arshad Sheikh [email protected]

Thank you!