Youth Business International (YBI)
Network: Youth Business International is a global network of independent non-profit initiatives helping young people to start and grow their own business and create employment. HRH The Prince of Wales is our President.
YBI members assist under-served young entrepreneurs with a combination of training, access to capital, mentoring and other business development services.
They adapt this common approach to their local context, working in partnership with governments, businesses and multilateral and civil society organisations.
In 2011 YBI helped 7,709 young people to start their own business. We estimate that these businesses will go on to create nearly 20,000 additional jobs within three years. An average of 3.4 jobs created by every entrepreneur we help.
Through YBI, members exchange resources and act collectively to increase the efficiency and scale of support to young people seeking to start their own business. A network team coordinates and leads this activity, with additional responsibilities for driving network growth, quality and performance.
YBI was founded in 2000. Our members have helped over 100,000 young people to create their own business and generate employment.
An estimated 70% of these businesses are still trading after three years, with many going on to create significant levels of employment and further benefits for their communities.