Yunus&Youth Fellowship Program for Social Entrepreneurs
Frequently Asked Questions
Am I qualified?
If you have started working on your social business and are dedicated to making it succeed, then you fulfill the main criteria. You must be under 35 years old, comfortable speaking and communicating in English and have access to a stable Internet connection. You must also be able to commit to at least 5 hours per week on exercises that will help you improve your business.
Can applicants be from any country?
Yes, individuals from any country can apply for the program. There are no restrictions on country of origin or country of operations.
Do I pay to be a Y&Y Fellow?
No, there is no financial cost for the social entrepreneur.
When does the program start?
The next class starts in April 2020 with an online orientation to get to know the other Y&Y Fellows. You can check out the complete timeline here.
How long is the program?
The program lasts for six months (April – October 2020).
How is the program structured? Is it entirely online?
Yes, the program is online and delivered through an online platform that you will join once you are selected as a Y&Y Fellow.
Who are the mentors?
The mentors are experienced professionals from established companies that are volunteering to help social entrepreneurs develop their full potential.
What is a social business?
As defined by Nobel Peace Prize laureate Muhammad Yunus, a social business is a non-loss, non-dividend company dedicated entirely to achieve a social goal.
How much time should I dedicate to the program each week?
Though it varies throughout the program, the course takes 5 hours per week on average, depending on your own speed, where your social business stands and the activity for that week. The time spent on the course will bring direct benefits to your social business. The activities you complete are aligned with the stages your business goes through to become sustainable and scalable.
What happens if I cannot follow through with my responsibilities?
We know all Y&Y Fellows go through different circumstances, time zones and personal challenges so we try to keep an open, trustworthy, flexible and honest communication so we can reach agreements and do our best to adapt to the circumstances. However, if the Y&Y Fellow does not comply with what has been asked for, meet deadlines and does not communicate proactively to find alternatives, we will remove them from the program and the Y&Y network. We won’t share the information with other partners or save records to deny future opportunities unless the social entrepreneur was taken out of the program for ethical or discipline reasons.
Can my co-founders or other team members take part in the program as well?
Yes, we enjoy getting to know the different people involved in your social business. Your co-founders or any other team members can attend the webinars and have a direct contact with us as well. The only thing we ask is for a main point of contact to address our communication.