Youth exchange and study program

YES is an innovative high school exchange program funded by the U.S. Department of State’s Bureau of Educational and Cultural Affairs. This public diplomacy initiative builds bridges of international understanding, especially between Americans and people in countries with significant Muslim populations.

Since 2003, over 2000 young people from countries such as Lebanon, Afghanistan, Turkey, Nigeria, and Indonesia have come to the US to live as a “son” or “daughter” in an American family and attend high school for an academic year or semester. YES students share their host families’ everyday lives, engage in school activities and volunteer in their communities. They learn about American society and values while helping to educate others about the customs and culture of their homelands.

More details about the YES program here.

Conference on “Entrepreneurship - A solution to youth unemployment” 28th April, 2009

Bharatiya Yuva Shakti Trust (BYST) organized a conference on “Entrepreneurship-a Solution to youth Unemployment”, to promote entrepreneurship amongst youth. The  inaugural session, addressed by Honorable Vice President of India Shri Hamid Ansari also witnessed the Awards ceremony of the JRD Tata Awards for Business Excellence and the launch of the first ever Business Ideas Contest (in partnership with JCB) for the underprivileged rural youth of Haryana to tap the creative and innovative business ideas of potential dynamic young entrepreneurs and further support with finance of up to Rs 50 lacs in security/collateral free loans and mentor guidance for 2 years.

The Honorable Vice President, Shri Hamid Ansari, Sir Richard Stagg, British High Commissioner, Dr K C Chakrabarty, CMD, Punjab National Bank, Ms Lakshmi V Venkatesan, Founding Trustee and Executive Vice-President of BYST were among the prominent speakers followed by a wide spectrum of entrepreneurial experts.

Conferring the JRD Awards to the entrepreneurs and their business mentors & Flagging-off the “first ever business idea contest for rural Youth” the Hon’ble Vice President commended the service rendered by BYST and its business volunteers and congratulated BOB & Indian Bank and BYST for entering into a unique public-private partnership for youth employment through entrepreneurship. He added that such initiatives were the need of the hour in these challenging financial times to arrest burgeoning unemployment rates among youth and to bring about more inclusive growth in India. Emphasizing that Haryana was rich in entrepreneurship potential, he encouraged the potential young entrepreneurs present to participate in the business ideas contest with their novel and innovative ideas.

More details here.

Erasmus - the EU programme for Young Entrepreneurs

Erasmus is an EU project that aims at helping new entrepreneurs to acquire relevant skills for managing a small or medium-sized enterprise  by spending time in a business in another EU country. Erasmus  is financed by the European Commission and operated across 21 EU countries by the help of more than 100 intermediary organizations.

Who is eligible?

Would-be entrepreneurs, who are firmly planning to start their own business based on a viable business plan, and entrepreneurs who have recently started their own business. You have to demonstrate sufficient entrepreneurial skills in the documentation submitted via a web-based registration form, that comprise a CV and give details about relevant skills, experience, education, language knowledge, current sector of activity and motivation to work abroad.

Find out more here: Erasmus for Young Entrepreneurs Support Office
Tel. +32 (0)2 282 08 73 | Fax +32 (0)2 280 01 91 | support@erasmus-entrepreneurs.eu
http://www.erasmus-entrepreneurs.eu

Viet Nam asks young entrepreneurs to assist in crisis

Deputy Prime Minister Nguyen Sinh Hung asked young entrepreneurs to focus on exploiting their strengths to speed up production, stabilise the domestic market, expand to the international market and effectively use Government stimulus packages.

Speaking at a meeting of young Vietnamese entrepreneurs contributing to fight the crisis in central Nha Trang City yesterday, Hung spoke highly of entrepreneurs’ efforts, especially among young businessmen, to curb inflation and prevent the economic slowdown.

Read more here.

Can you turn a tenner into profit?

A tenner is a $10 or 10 pounds bill, so can you turn a tenner into profit? How important is the investment capital? I’m sure it is, but I found an interesting site Make Your Mark with a Tenner and it’s amazing to see the stories of making profit with an initial investment of 10 pounds.

This February,16,000 young people were given a tenner, and challenged to make as much profit and social impact as they could! The best group return on a Tenner was based on an interesting idea: they created cookbook featuring the recipes of local entrepreneurs Kayley Vincent and Jennifer Lan. They convinced some of their local business people to submit recipes, then selling each book for £1 (£1.50 for a signed copy!) they became hot property and the girls sold them in high traffic areas like their busy shopping mall, local Farmers Market and outside the popular community centre. By involving the locals in such a direct way, the girls were able to create a successful and profitable business model. Profits were given to a local community project which is restoring an historic building in the town, used by many different community groups.

Here are the winners on all categories.

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