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BYST Celebrating Global Entrepreneurship Week 2010 in India

BYST GEW 2009 Event Report: 

GLOBAL ENTREPRENEURSHIP WEEK
TURNING JOB SEEKERS INTO JOB & WEALTH CREATORS
NOVEMBER 2009
Organized by

Bharatiya Yuva Shakti Trust-HOST IN INDIA

Bharatiya Yuva Shakti Trust (BYST) the host in India for the “Global Entrepreneurship Week (GEW)” came together with its partners to showcase its success and celebrate Global Entrepreneurship Week. Many events were organized to showcase & deliberate on the impact of the public private partnerships for the grassroots resulting in 1900 entrepreneurs created where in turn they have created jobs and wealth at the grassroots and have gone ahead in becoming millionaires and winning national and international awards.

The focus of the events conducted through its various Mentor Chapters simultaneously in the seven offices of BYST was to predominantly encourage the next generation of entrepreneurs to be inspired. In doing so, they will begin to acquire the knowledge, skills and networks needed to grow innovative, sustainable enterprises that have a positive impact on their lives, their families and communities. This was accomplished through activities designed to help them explore their potential as self-starters and innovators.

A BYST Mentor Chapter is a formal group of business mentors, geographically based, and formed under the aegis of BYST. Formed in the lines of similar organizations such as Rotary and Lions Clubs, the Chapters are characterized by specific objectives and goals and by well-defined structure and processes. The overall vision of the chapters is to develop competent, capable, ethical and successful entrepreneurs through the vehicle of mentoring. 

The objectives of the chapters are to bring together and develop individuals as competent mentors who in turn will provide service to entrepreneurs through the process of mentoring. This, BYST feels, would foster Networking and through that, help in building enterprises, developing leadership, sharing of information and attainment of sustained and planned growth.

Senior Members from IFC including their Executive Vice President and CEO, IFC, a member of the World Bank Group Mr. Lars H. Thunell was part of the Global entrepreneurship week during the inauguration of a major event with over 200 participants.

Sowing the Seed- Over 2500 small and medium entrepreneurs along with their mentors took an oath to help support one another person to take up entrepreneurship within the next one year. The pledge taken was- "I Pledge to make sincere efforts to encourage & assist at least one youngster within the next one year to take up entrepreneurship, I shall do my best to uphold the spirit of entrepreneurship”. All those who took the oath were very enthused and proud to be part of this powerful movement. Over 720 youth who came forward with business ideas were counseled during this week.

Spirit of Entrepreneurship was ignited through the numerous activities conducted through the week such as business ideas contests. Business Ideas Contests are the contest for the youth aged between 18 to 35 in order to ignite the spirit of entrepreneurship in them. This is done mainly to encourage and get the younger generation thinking in terms of setting up their business ventures. The business ideas, which are unique, innovative and viable, would be selected and would be further supported with training. Inputs are given to fine tune the proposals and viable projects would be further supported with funding and mentoring. Prizes to the best three ideas would also be given at a major seminar. A contest which was flagged-off in Haryana for the rural youth earlier this month received over 450 entries, the final screening and interviewing of short listed candidates were done during this week. A contest was flagged of for students from three colleges.

Speed Networking on energy saving- BYST Mentors & Entrepreneurs along with the Partner organisations met & shared ideas on energy saving. The ideas would go into a think tank on our portal for users.

Online Discussion Forums on what is takes to become a successful entrepreneur. The discussion board during the week opened out to experts’ opinions.

 As a host for GEW in India, BYST is viewed as a prototype for wide spread Youth Entrepreneurship promotion in India and enrolls many more multi-stakeholders in this global initiative. BYST has the innovative and effective mechanism to reach the grass root communities across the world to recruit emerging entrepreneurs. The events conducted received good media coverages.

 For further information please visit to our website: www.bystonline.org
(For more detailed reports and viewing press coverages please go to http://www.bystonline.org//byst/upload_doc/GEW_India_Event_Report_2009.zip)

For more info please contact                                                 
Bharatiya Yuva Shakti Trust 
C/O CII, 98/1 Velachery High Road
Guindy, Chennai – 600 032                                              
E. Mail:
byst.Chennai@cii.in                       
Website:
www.bystonline.org

About the Organisation

Bharatiya Yuva Shakti Trust (BYST) provides end-to-end support to disadvantaged young dynamic micro-entrepreneurs in the form of Loans, Business Mentors, Training, Networking and Marketing. The young entrepreneurs are nurtured till they reach a level where not only are they self-sufficient, but they in turn make a valuable contribution to society through creating wealth and employment Nationally, it has supported 1900 such entrepreneurs, employing over 20000 people & reached out to over 75,000 young people through its training initiatives. BYST has both rural and urban programmes in six major regions of India. The Confederation of Indian Industry (CII) provides the infrastructure and administrative support to the Trust BYST responds to the enormous global challenge of youth unemployment through a youth leadership based on enterprise-based model.

Strategic Partners

The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes. CII is a non-government, not-for-profit, industry led and industry managed organisation, playing a proactive role in India's development process.

‘Global Entrepreneur Week (GEW) 2009’ in partnership with renowned Kauffman Foundation, USA, is a collective global campaign that facilitates sharing of information, networking and outreach to promote job and wealth creation through entrepreneurship. It is an initiative to inspire young people to embrace innovation, imagination and creativity across six continents globally.

With the goal to inspire young people to embrace innovation, imagination and creativity, Global Entrepreneurship Week will encourage youth to think big, turn their ideas into reality, and make their mark. From Nov. 16 - 22, 2009, millions of young people around the world will join a growing movement to generate new ideas and seek better ways of doing things. Tens of thousands of activities are being planned in dozens of countries. Global Entrepreneurship Week is founded by the Ewing Marion Kauffman Foundation and the Make Your Mark campaign. For more information, visit unleashingideas.webjam.com, and follow @unleashingideas on Twitter.
Kauffman Foundation About Kauffman Foundation
The Ewing Marion Kauffman Foundation is a private nonpartisan foundation that works to harness the power of entrepreneurship and innovation to grow economies and improve human welfare. Through its research and other initiatives, the Kauffman Foundation aims to open young people's eyes to the possibility of entrepreneurship, promote entrepreneurship education, raise awareness of entrepreneurship-friendly policies, and find alternative pathways for the commercialization of new knowledge and technologies. It also works to prepare students to be innovators, entrepreneurs and skilled workers in the 21st century economy through initiatives designed to improve learning in math, engineering, science and technology. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo. and has approximately $2 billion in assets. For more information, visit www.kauffman.org, and follow @kauffman on Twitter.

 BYST Celebrating Global Entreprneurship Week 2009 Photographs

 

 

 

 

 

 


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