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Andrew Devenport

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Andrew Devenport presentation at the GCF 2012

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Andrew Devenport

  1. 1. Andrew Devenport CEO, Youth Business International Giving: From Funding to Empowering GCF 2012 “ The Entrepreneurship Imperative” 21-24 January 2012
  2. 2. <ul><li>YBI support </li></ul><ul><li>Our integrated support gives young people the opportunity AND the tools to realise their entrepreneurial potential: </li></ul><ul><li>Training and technical assistance : </li></ul><ul><li>in business plan development, entrepreneurship skills, finance, marketing, IT </li></ul><ul><li>Start-up capital : </li></ul><ul><li>low interest, collateral-free loans repayable over 2-3 years </li></ul><ul><li>Mentoring : </li></ul><ul><li>a volunteer mentor to provide support and guidance for 1-3 </li></ul><ul><li>years </li></ul>
  3. 3. YBI Delivery in-country Integrated support Successful youth-led businesses Coordinated intervention
  4. 4. YBI Research & Capability YBI is committed to growing an evidence-led global youth entrepreneurship network approach regularly producing industry leading research, guides and best practice tools The YBI Salesforce Operation Management System (OMS) is a cutting edge cloud computing tool that allows YBI members to vastly reduce their IT costs and gain new insight into performance The YBI Salesforce Operation Management System (OMS) is a cutting edge cloud computing tool that allows YBI members to vastly reduce their IT costs and gain new insight into performance
  5. 5. <ul><li>Manal’s story </li></ul><ul><li>Deaf since birth, Manal spent 4 years searching for an organisation </li></ul><ul><li>that would accommodate her disability </li></ul><ul><li>After an introduction to YBI Saudi Arabia member, The Centennial Fund, </li></ul><ul><li>Manal was inspired to establish a business offering beauty & boutique tailoring </li></ul><ul><li>The Centennial Fund provided a dedicated business mentor, a start-up loan and further training to support Manal’s new business </li></ul><ul><ul><li>Manal’s business is now thriving, making $24,000 profit last year and employing 5 people including some colleagues from the Institute of Deaf and Mute </li></ul></ul>

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