Deadline: 7th January 2025
The Entrepreneurship Grants aim to provide support to youth actors that work on strengthening the economic opportunities for young people!
The Entrepreneurship Grants provide grants opportunities for 30,000 EURO for which individual youth organisations and consortiums of youth organisations can apply to.
The entrepreneurship grants focus on youth-led actions that address a three-fold selection of key challenges young people face around the world in their economic participation and taking control of their own future:
- Access to skills development opportunities that are according to the needs of young people and local economic realities and support the start-up of new youth-led enterprises.
- The responsible growth of youth-led (social) enterprises that consider social and environmental boundaries.
- An enabling environment for young entrepreneurs to start and grow their business.
Benefits
- Your organisation will receive financial support to implement your social enterprise project with young people in your own community and beyond (Grant of €30,000).
- Your organisation will become part of a platform for you to share your solution with peers, decision-makers and other stakeholders across Africa and Europe.
- You will benefit from mentorship and other forms of capacity development support according to the needs of your organisation.
Eligibility
- Your organisation must be a non-profit, operating as a Trust, Community Based Organisation (CBO), or as a Non-Governmental Organisation (NGO)/Civil Society Organisation(CSO) or Cooperative with a clear social/environmental mission. The social enterprise activity exists to sustain and advance that mission, not as a side business.
- Your organisation must be youth-led: young people (aged 18-35) represent the organisation’s governance and have primary decision-making power over the organisation’s direction and programmes (100% is aged 18-35) and are directly involved in designing and carrying out activities (>80% is aged 18-35).
- Your project must youth-led: all staff (100%) working on implementing the project should be young people (aged 18-35).
- Your organisation is formally registered in your country, has an organisation bank account, a clear governance structure and has been operating for at least 12 months.
- You can show evidence of community programmes and revenue-generating activities.
- Income-generating activities: you run a trading arm or enterprise with income that supplements donor support and contributes to financial sustainability of the organisation.
- Social/environmental impact: you can demonstrate measurable impact (jobs for youth, improved livelihoods, affordable services, environmental gains). You have at least basic systems for tracking and reporting results.
- Profit use & reinvestment: all or most surpluses are reinvested into the mission or scaling of the enterprise. No private shareholder payments of profit.
- You are located and registered in one of the 12 African Youth Action Lab focus countries: Ethiopia, Kenya, Mozambique, Nigeria, Senegal, Sierra Leone, Somalia (Somaliland region), Tanzania, Tunisia, Uganda, Zambia and Zimbabwe.
- Your proposed activities take place in one or more of the above 12 countries.
For more information and application.
This is a very good gesture. thank you