Singapore has implemented extensive programs to support youth entrepreneurship and social enterprise as a way to build the economy and society. These include youth business education programs in secondary schools and polytechnics, national service requirements for young men, and significant government and private funding support through 29 funds and various grants. The goal is to provide opportunities for youth to gain skills and experience starting businesses that address social and economic needs while keeping money circulating within the local economy.

1. Youth Enterprises
Are The Key to Building
a Better World
Investing in Youth Entrepreneurship & Enterprise
The Youth are Talking
Why we Need to Listen
How is Singapore going about this

2. The Youth are Talking!
London - Paris - New York - Seoul - Shanghai - Singapore – Port Moresby - Honiara - Port Villa – Manila –
Kuala Lumpur – Jakarta – Bangkok – Seoul – Ulaanbaatar – Geneva – Los Angeles - Mumbai –
Paris – Moscow – Sun City – Perth – Auckland – and the list goes on …..

3. There is far more Connectivity Between
the Youth than is Realized

4. The New Generation
is about Being Right Here and Right Now
– Today’s Generation are busy. They want things easy to buy and understand
– Increasingly they want convenience and speed of operation
– Citizens are looking for healthy foods and products to reduce ageing
– People today are somewhat more aware of environmental issues
– People do extensive research and sometimes know more about the products than their retailer
– This time around people are spending less since the global financial crises

5. Global Trends are Impacting
Needs and Wants
Today’s Youth are Aware
Dictating what and where will be bought:
– RFIDs continue to increase in retail application
– Customer Centricity reemphasizes ‘made for me products’
but also increasing merging of sectors (books + cafe)
– World population will be increasingly represented
by ageing Baby Boomers and Generation Y

6. Timing Is Ripe for Focus on
Youth Business
The New Economy Realizes
Post-crises it is now about:
– Having braved the worst
– Appreciation for more accountability and less complication
– Having less time now consumers never want to be treated in the same way
– Public consensus is in search of a fair deal and sustainability
– Public questions corporate social missions

7. Investment in
Youth Businesses
The Marketplace is Ready
The Recent World-Wide Economic Crises
has Helped Consolidated Consumer
and Business Convention
Paving the Way for
A New Wave of Business Enterprise

8. mindset
mind-set
mentality
outlook
Items in RED are Singapore
Youth & Social Enterprise
“Keeps the Money Local”
Gov., Corp. and
Private Involvement Needed

9. “Keep the Money Local” Attitude
Makes Good Sense the Community
If we imagine the any economy to be a bucket with money pouring in from various sectors
Then it makes good sense for us:
– To make sure that we minimize leaks outside our economy
– To ensure that within this economy the money changes hands as many times as possible
Encouraging local expenditure provides jobs and income for Singapore
Ensuring a secure longer term future for local economies

10. Youth and Social Enterprise
Builds Community
• Building local economy
• Ensuring local jobs
• Protecting home-grown character and prosperity
• Saving time, money and local environment
• Ensuring local product diversity
• Protecting local services

11. The New World Economy Realizes
Youth Business and Social Enterprise
a Country Investment

12. Youth Business
Regular Business
In Youth Business the Kids Grow Up and
Leave but the Fundamentals Prevail.
In all Cases the Structure must Support
the Original Goals and Values
To Help these Business Grow
Organizational Difference
the Youth Business Programs
must Preserve

13. The Community must Realize
Youth Business Strategy
Requires Support

14. In Singapore we are still
Working at it
Strategic IntentStrategic Intent
Elevate & Establish Youth BusinessElevate & Establish Youth Business
by dominating society mindshareby dominating society mindshare
and perceptionsand perceptions
Governments & NGO’s RoleGovernments & NGO’s Role
Need to promote and develop Youth BusinessNeed to promote and develop Youth Business
as sustainable enterprises that addressas sustainable enterprises that address
Social and Economic needs through theSocial and Economic needs through the
principle of self and mutual help so asprinciple of self and mutual help so as
to foster a more resilient societyto foster a more resilient society

15. Singapore Included the following in their Plan
The Stakeholders Singapore Involved
- Government Agencies
- Statutory Boards
- Foreign Direct Investors
- Academia / Vocational Trg.
- Military
- NGO’s
- Successful Local Enterprise
- Private Co.
- Churches
- Healthcare

16. Singapore Management of Youth
Education
As far back at the 1980’s Technical Workshops were introduced at Secondary School Level
Metal / Wood Work / Basic Electricity / Home Economics
• Building of 5 polytechnics offering 50 full time courses each and housing 25 000 students.
• The first Polytechnic was opened in 1980.
• Polytechnics have route to University.
• There are three large Institute of Technological Education (ITE) Campuses offering over 80 Full Time Courses
housing approximately 30 000 students
• Entrepreneurship and Social Enterprise subjects are being offered as electives at University
Technical Workshops
In Secondary Schools
One of Five Polytechnics One of Three Regional Vocational Hubs

17. 5 Singapore Polytechnics
25 000 Students, 50 Full Time Courses

18. 3 Main Regional Training Complexes
with Multiple Satellite Centers
30 000 Students, 80+ Full Time Courses

19. Singapore Management of Youth
EverySingaporeanSononNationalGeographicChannel.flv
Full Time National Service
Every Singapore Boy aged 18+
Serves 2 – 2 Half Years
Army
Navy
AirForce
Civil Defence
Police

20. Singapore Management of Community
Ministry of Community Development Youth & Sports
“inspired and committed youth” (Pillar 2)
To develop inspired and committed youth, we aim to create an environment where
1. Youth Have a Say in national and community affairs. By consulting them on issues and recognising their
contributions, youth will be more engaged in the community and have a greater sense of belonging.
2. Youth Plant a Stake in society. By getting the youth actively involved in the community so that they develop into
young citizens with a sense of ownership towards society.
3. Youth Get Support to realise their potential, develop their talents and pursue their dreams. By supporting our
youth so that they are able to contribute meaningfully to our society.

21. Singapore Management of Community
Ministry of Community Development Youth & Sports 5 Key Pillars
A Sporting People (Pillar 5)
Sports participation develops a resilient people with the virtues of perseverance, focus, discipline, teamwork, creativity,
a drive to excel and a healthy lifestyle.
Sports bond people from various communities of our society.
Sports excellence enhances our national pride and international standing.
A vibrant sports industry contributes to the economy and sustains the sports delivery system.
Sports help strengthen friendships with other nations.

22. MCYS Persona Reaching the Youth

23. Singapore Management of Social Enterprise
29 Types of Funds, 74 Members, Private & Gov. Support

24. Social Enterprise Development Centre
Some of the Grants Available to Social Enterprises:
Community Foundation Fund
GO Fund
New Initiative Grant
Comcare Enterprise Fund (CEF)
Community Foundation Fund (CF)
Golden Opportunities! (GO!) Fund
New Initiative Grant (New Ideas for Volunteerism and/or Philanthropy)
Youth Expedition Project (YEP)
Young ChangeMakers Grant (YCM)
Youth Innovation Grant (YIG)
First Mover Advantage
ideas.inc Business Challenge
Young Entrepreneurs Scheme for Start-ups (YES! Start-ups)
Community Participation Grant (Arts)
Partnership Funding For Arts Businesses (PFAB)
Community Participation Grant (CPG)
infocomm@SME - Accounting Software Assistance Scheme
iSPRINT (Package Solutions)
SME Management Action For Results (SMART)
ADVANTAGE! Scheme
The Scheme supports initiatives and efforts to:
Enhanced OPEN DOOR Fund (ODF)
Flexi-Works!
3P Partnership Fund (Environment)
Environmental Technology Capacity Development Programme (EnviroTech CDP
Intellectual Property Management Programme (IPM)
JAM Micro Funding Schem
Tourism Development Assistance Scheme (TDAS)
WoW! Fund
Business For Families Grant
Toolkit
Starting a Social Enterprise in Singapore – The Essential Toolkit
Business Support Services
-Legal Services
- Pro Bono Legal Services
- Corporate Secretariat Services
- Finance & Accounting
- Audit Services
- Human Resource Management Software
- IT Services
- Website Design & Development
- Social Marketing
- Design Services
- Printing Agency
Corporate Governance
Business Tips

25. Youth Business Singapore / Heartware Network
Private Charity Supporting Youth Endeavors
Offering Mentorship / Funding / Resources

26. Spring Singapore is the Mother Ship for Funding
• Financing Schemes
– Business Angel Funds (BAF)
– SPRING Startup Enterprise Development Scheme (SPRING SEEDS)
– Technology Enterprise Commercialisation Scheme (TECS)
– Young Entrepreneurs Scheme for Start-ups (YES! Start-ups)

27. 174 Start-Ups
Receive Seed Funding Help
THE Government last year committed over $10 million to help invest in more than 20 start-ups under Spring
Singapore's Start-up Enterprise Development Scheme (Seeds).
That brings to 174 the total number of firms that have received funding support through Seeds since it was
introduced in 2001.
So far, more than half of the $110 million set aside for Seeds has been allocated to local start-ups, as part of
efforts to groom globally competitive companies by providing vital early funding.
According to enterprise development agency Spring Singapore, 20 Seeds start-ups have since been able to
generate over $1 million a year in revenue.

28. I would like to Show You
The New World our Youth needs to Compete in
mauricewilliams.esq@gmail.com
I Hope I have been of some assistance
to the Ministry for Community Development
National Youth Commission
Office of the Commissioner
NCD Papua New Guinea
Thank You
Did You Know_.flv