1. © YSEC Social Finance Chain : Canada’s First for Youth, by Youth Social Entrepreneurship Fund

2. How It Works ©

3. $1000 from YSEC $1000 to youth driven social enterprise, selected on March 25th from a pitch competition As an interest free loan… © ©

4. That social organization implements a program that a) has social impact, andb) makes the $1,000 back + profit © ©

5. They keep the profit © ©

6. And then, they choose 2 other youth driven social enterprises $500 $500 And give these two organizations $500 each, as an interest free loan. © ©

7. YSEC invests a further $500 to each of these organizations $500 $500 $500 $500 So that both organizations receive $1,000 each, as an interest free loan. © ©

8. Those two organizations each create a program that makes $1,000 + profit © ©

9. They keep the profit © ©

10. They then choose 1 youth driven social enterprise, and each invest $1,000 in the organization © ©

11. For a total of $2,000, as an interest free loan © ©

12. So what does this look like? © ©

13. $1,000 YSEC throws $1,000 into the pot $1,000 Project A gets that $1,000 A $500 $500 Two new projects, B and C get $500 from Project A, and another $500 each from YSEC B C $500 $500 $2,000 One new project, Project D gets all $1,000 from Project B and C D Project D gives $1,000 each to two new projects, Project E and F. YSEC gives each project another $500 each. $1,000 $1,000 E F $500 $500 $3,000 One new project, Project G gets all $3,000 from Project E and F G © ©

14. The Details ©

15. Eligibility 17-29 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) © ©

16. Application Deadline February 17th, 2010. E-mail completed applications to info@ysec.org Five successful applicants will be invited via e-mail by March 1 to participate in YSEC’s Pitch Competition on March 25th. © ©

17. 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. © ©

18. 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 © ©