YBINIGERIA.ORG

The core of any youth business initiative is a group of business people and partner organisations willing to help young people work for themselves.

The company benefits in the following ways. from its involvement:

Helping create wealth and reduce unemployment.
Combating over-dependency on the corporation as the principal employer in poor areas.
Contributing to the diversification and sustainability of local economies.
Building an entrepreneurial culture
Reducing ttie adverse social impact of downsizing.
Enhanced reputation and brand image
Improved employee recruitment, retention and motivation.

Companies can get involved in the YBI programme in the following ways:

Managing a programme as a member of the board of trustees (or equivalent senior management board).
Seconding staff to the executive team of the programme.
Providing the programme with access to facilities such as office space, IT equipment.
Participation in a local loan panel that determines which young businesses to support Mentoring young businesses
Providing expert advice to young businesses e.g. on legal or marketing issues.
Offering the young business subsidised or free facilities e.g. Exhibition space, shop space, web site development etc.
Including the young businesses in the companies supply chain.