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Youth Business Singapore

YBS seeks to be the leading charity in cultivating a culture of entrepreneurship in Singapore and helping youths between 18 and 35 years old with business seed funding and mentoring.
— theme: Youth Employment, Youth Employment Policies and Programmes, Youth Enterprise
— country: ASEAN, South-East Asia, Asia, Singapore

YBS seeks to be the leading charity in cultivating a culture of entrepreneurship in Singapore and helping youths between 18 and 35 years old with business seed funding and mentoring.

Affiliation
NGO
Contact No.
(+65) 6259 4414
Address
Mr David Tan Wei-Son, Chairman,
9 Bishan Place #05-01,
Junction 8 Office Tower,
Singapore 579837
Email Address
ybs@heartware-network.org
Website
http://www.youthbizsg.org

     1. Source of funding

Rolls-Royce
Sakae Sushi
Securitas
Tan Ean Kiam Foundation

     2. Mission and Objectives

To equip young people to start businesses in Singapore by mentoring, training, consulting, providing business loans and networking opportunities, thereby making them self-reliant, global-minded and successful entrepreneurs.

     1. Promote an entrepreneurial culture among young people in Singapore through educational outreach to local schools, entrepreneurs and corporations

     2. Provide accessible financing for viable youth start-ups and to fund the expansion of existing youth businesses

     3. Provide appropriate support in the form of business training, mentoring and networking opportunities

     4. Collaborate with YBI and other member country youth business programmes through the YBI umbrella to achieve mutually beneficical relationships for networking and learning.

     3. Areas of work relating to youth employment

Enterprise development, Microfinance

     4. Partners and areas of partnerships

Spring Singapore, Auston Institute, Heartware Network, The Prince's Youth Business International

     5. Potential or existing partnership with the ILO

 

     6.  Successful youth employment interventions

     1. Business Loans and/or Grants:Receive up to $12,500 per business loan (interest free) from YBS with a repayment period of three years. An applicant can also apply up to $50,000 grant based on the YES! Start-ups scheme by SPRING

     2. Business Mentoring: YBS provides each YBS entrepreneur with a personal mentor who will walk him/her through the start-up phase of the business.  The personal mentor will only be assigned to a YBS entrepreneur after the Loan Selection Panel has awarded him/her a business loan.

 

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