Network impact in 2023 

We are very thankful to all our members for taking the time to complete the end of 2023 survey. This allows us to share a few highlights and insights from across the network. The results are the cumulative effort of our members’ amazing achievements, and we are proud of the progress that we have made together.

In 2023: 

Types of support provided to entrepreneurs:

  • 107,085 received entrepreneurship training
  • 47,739 provided with business advice
  • 21,310 matched with mentors
  • 19,448 supported with access to finance

YBI facilitates different types of engagement between members:

  • 98% of members felt connected with their peers
  • 100% of members agreed that YBI’s support was “useful” or “very useful”
  • 76% of members accessed at least one service
  • 370 participants engaged in training or learning activities
  • 28 members collaborated with YBI to co-create 5 new services (Social and Green Toolkit, Sustainability Toolkit, High Flyers Guidelines, Disability Resources, Gender Inclusivity Resources)

Our members listed a number of benefits for their organisations coming from being part of the YBI Network:

    1. Funding opportunities: Connecting with donors, being part of funded programmes, exploring funding opportunities for YEs

    1. Capacity building: Attending trainings, accessing new tools, developing new programmes, gaining knowledge on best practices, co-designing tools, toolkits and new materials

    1. Networking and Global Summit: Connecting with similar organisations, knowledge exchange, sharing best practices.

The key 2023 achievements for our members were:

    1. PROGRAMME GROWTH: Members expanded reach, scaled up, and provided new services

    1. INCOME DIVERSIFICATION: Members increased revenue, diversifying sources of income and securing funding for programmes

    1. PARTNERSHIPS: Members advancements strengthened connections with other ecosystem actors to better support young people.

The main 2023 challenges for our members were:

    1. FINANCE: Members highlighted fundraising, inflation, and currency fluctuations

    1. HUMAN RESOURCES: Difficulties in attracting, managing, and incentivising staff.

The most popular YBI activities and services were:

    1. Global Summit and YBI Awards

    1. Entrepreneurship Innovation Support

    1. Decent Work Training

    1. Growth and Performance Skills Training

    1. Social and Green Entrepreneurship Toolkit

The key emerging themes in the entrepreneurship sector were: 

    1. Social & Green

    1. Digital technology

    1. Environmental, social and governance topics

    1. Other themes included: focus on underserved groups, diversity & inclusion, access to finance, climate change and agriculture, among others.

 

Those who make it possible

View all
Argidius Foundation

Argidius Foundation

JPMorgan Chase & Co

JPMorgan Chase & Co

Standard Chartered Foundation

Standard Chartered Foundation

Accenture

Accenture