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 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