Programme Overview
Our Social and Green Entrepreneurship Toolkit provides practical tools and guidance to help our members support their young entrepreneurs to build an effective social or green enterprise. The tools span six essential stages of starting a business: personal development and self-knowledge, business and impact ideation, business model, business validation, legal, governance, and finance, and impact measurement and growth.
This Social and Green Entrepreneurship Toolkit was developed in partnership with nine of our members.
In Phase 1: Bharatiya Yuva Shakti Trust (India), CAP Youth Empowerment Institute (Kenya), Habitat Association (Turkey), ideiaLab (Mozambique), Somo Africa (Kenya), and Youth Business Spain.
In Phase 2: CAP Youth Empowerment Institute (CAP YEI) (Kenya), ideiaLab (Mozambique), Development Solutions (Mongolia), Barbados Youth Business Trust and Jinishian Memorial Foundation (Armenia).
The toolkit was piloted with around 700 young entrepreneurs, with five of our members, to enable real-world testing to inform the iterations and ensure the final toolkit is effective, adaptable and usable in a range of contexts. Members for the large-scale pilot: FATE Foundation (Nigeria), Youth Business Trinidad & Tobago, Barbados Youth Business Trust, Development Solutions (Mongolia), CAP Youth Empowerment Institute (CAP YEI) (Kenya) and Bangladesh Youth Enterprise Advice and Helpcentre (B’YEAH).
Impact
700 young entrepreneurs took part in the programme.
- 100% of respondents would recommend the toolkit to others.
- 97% of respondents are currently operating either social or environmental businesses.
- 89% reported an increase in confidence to run social and green businesses.
- 88% noted an improvement in their ability to achieve social and environmental goals, while 79.5% observed a positive impact on their businesses as a result of increased knowledge.
- 76.6% reported an increase in business revenue within six months of completing the program.
- 65% adapted an existing product or service to address social and environmental issues, while 51.6% developed a new product or service for the same purpose. Additionally, 89% reported scaling a product or service to meet social and environmental challenges.
- 83% attributed their success over the past six months to the toolkit, while 86% linked their business impact directly to the toolkit.