Accelerating youth-led businesses in the digital era
|Sl.||Name of project||Project duration||Development partners|
|Accelerating youth-led businesses in the digital era||November 2019-October 2022||IKEA Foundation & YBI|
|1||Loomba BAT Project||2009-2010||The Loomba Trust, British Asian Trust & CIDA|
|2||Outreach to Young Entrepreneurs||2012||Plan Bangladesh.|
|3||Young Women Entrepreneurship Development||July 2013 to Dec 2014||Plan Japan|
|4||Youth Micro-Enterprise Development||July 2014 to June 2015.||Plan Bangladesh
( Funded by Plan Australia)
|5||Turning Job seeker into Job creators in Bangladesh||September-2016 to – August 2019||Comic Relief-UK|
Project Title : Accelerating youth-led business in digital era
Partner : Supported by YBI
Funded by : IKEA Foundation
Goal : The project aims to support underserved urban and rural young entrepreneurs with pioneering business ideas through a business startup and growth support including digital, entrepreneurial and decent work training courses (960 trainees), business development counseling, mentoring, access to market ( online and offline) and linkage with Banks and Non-Banks ( Financial Institution).
- Entrepreneurship training : Will ensure that young people have all the technical and business development support they need in order to thrive.
- Digital skills : Will build young people’s digital capacities to develop their understanding of the business implications & appropriateness of digital platforms, programs & e-commerce.
- Mentoring : Our commitment to mentoring will see young people paired with experienced business mentors to guide them through the challenging stages of early business.
Area : Dhaka City Corporation and Sirajdikhan Upazila, Munshiganj
Project Participants : 1000 (rural & urban)
B’Yeah has been working with international development agencies and multilateral/bi-lateral donors as a development partner and a services provider for nearly one decades. Over the past years, the organization has successfully implemented various development projects to support the targeted development participants, especially women to overcome their social and economic crisis and to improve standard of living. The experience of the organization is presented in the following table:
Turning Job seekers into Job Creators in Bangladesh
Project period : 1 September 2015 to 31 August 2019
Targeted beneficiary : 375 direct beneficiaries and 1500 indirect beneficiaries
Working area : Dhaka city corporation
Funding Source (s) : Comic Relief-UK
Turning Job seeker into Job creators in Bangladesh project is a 4-year project started in September 2015 with the technical and financial assistance of the Comic Relief and is being implemented by B’Yeah in the working area of Dhaka City Corporation.
The project aimed to supporting 300 underserved young entrepreneurs with pioneering business ideas through a market-based holistic support package, including training (375 trainees), business plan consultancy, access to finance and innovative mentoring models, enabling them to start and grow sustainable businesses, creating jobs for 750 others, thereby enhancing quality of life of 1,050 disadvantaged young people.
The project has been working with a wide range of stakeholders included startup & growth youth entrepreneurs, mentors, officials of banks and financial institutes and institutes, etc. for supporting and strengthening youth entrepreneurs in Bangladesh. The project is implementing a number of activities to achieve the following 3 defined outcomes:
- Underserved young entrepreneurs have enhanced entrepreneurial competencies, business knowledge and networks, which they are able to put into practice to become more effective entrepreneurs
- Underserved young entrepreneurs are able to start and grow sustainable businesses
- Enhanced capacity of B’Yeah to provide a high-quality holistic package of support to young entrepreneurs at scale, and monitor, evaluate and learn from their work
Youth Women Entrepreneurship Development (YWED)
Working area: Dhaka city corporation
Funding Source (s): Plan International Bangladesh
The project successfully completed its life span with proper implementation of all scheduled activities. The project concentrated on the capacity building of the youth entrepreneurs. Plan International Bangladesh with the support of Bangladesh Youth Enterprise Advice and Helpcenter (B’Yeah) have been implementing “Youth Micro Enterprise Development (YMED)” project from May ‘14 with the aim to improve the economic and social well being of disadvantaged youth, with a strong focus on female youth. During the project perid YMED project achieved the following outputs: Provided Training on business plan development to targeted youth; and Developed business plan with the targeted youth. As a result 20 youth owned enterprises developed for marginalized youth’s enhanced their economic wellbeing,100 individual young women/men employed in the youth-owned enterprises,600 family members of youth entrepreneurs and employees are economically benefited.
Youth Micro Enterprise Development (YMED)
Targeted beneficiary: 200 youth ( Male- 120, Female-80 )
Working area: Dhaka City, Manikganj, Narayangonj, Keraniganj and Gazipur
Funding Source (s): AusAID – ANCP, General Public Donations
Bangladesh Youth Enterprise Advice & Helpcentre (B’Yeah) as a devoted organization to youth empowerment and promotion of youth entrepreneurship, has always flagged those issues which become hurdle on the way to youth entrepreneurship. In this relation, B’Yeah in collaboration with AusAID – ANCP, General Public Donations has undertaken a project named “Youth Micro Enterprise Development (YMED)” of the project covered the period from March 2014 to June 30 2015. During this period, B’Yeah has completed all the activities successfully. To address the needs entrepreneurship development, YMED project is developed with objectives that 200 youth entrepreneur set up 200 enterprise that create the self-employment of 200 youth as well as employment opportunity other 800 youths. The quantitative and qualitative achievements of the project have profound impact on improve the economic and social wellbeing of disadvantaged youth, with a strong focused on female youth.
Loomba BAT Project
Targeted beneficiary: 13 ( Male-8, female-5)
Working area: Dhaka City corporation
Funding Source (s): The Loomba Trust and British Asian Trust
The project titled “Loomba BAT Project” was developed by Bangladesh Youth Enterprise Advice & Helpcentre (B’Yeah) considering the context that youth face financial constraints in Bangladesh Limited support from their families. The project was implemented with financial assistance of The Loomba Trust and British Asian Trust from January 2019 to December 2010 in City Corporation area of Dhaka to promote entrepreneurship and directly support the target group to achieve financial independence through starting their own businesses. The project worked with a small range of participants for supporting and strengthening youth entrepreneurship in Bangladesh. The project implemented number of activities to achieve the project objectives.