2020 YUNUS&YOUTH FELLOWSHIP PROGRAM

Are you building a business to create a better world?

The Yunus&Youth Fellowship Program is a six-month online program designed to empower young social entrepreneurs to develop their full potential by strengthening business models, building compelling strategies for social ventures and expanding professional networks.

 
Deadline: February 16th, 2020 11:59 PM EST (GMT-5)

Be part of an individually tailored online mentoring program with an experienced mentor who will provide professional guidance

Participate in expert webinars with our social business professionals

Increase your network by being part of a global class of exclusively selected young social entrepreneurs

Receive support on focus areas and see your business grow and be taken to the next level

 

What is the Y&Y Fellowship Program?

Mentoring Relationship

Young social entrepreneurs and corporate professionals are connected by Y&Y to turn their business expertise and passion for social change into an actionable plan. Mentors are matched with a co-mentor and a Fellow based on mentors’ strengths and the needs of the entrepreneur. Fellows are educated through a structured 6-month online program, ensuring an effective transfer of knowledge and guidance due to mentoring guides, Y&Y monitoring, as well as frequent performance reviews.

Business Plan Development

Fellows join the Y&Y online platform, an exclusively curated learning journey designed to meet early-stage social entrepreneurs’ main needs and challenges. With the support of their peers and mentors, Y&Y Fellows complete a series of assignments comprehending the following modules: Solution and Strategy, Revenue Model, Marketing Strategy, Impact Measurement, Partnerships, Funding and Grants, and Pitch and Storytelling.

Final Online Pitch Competition

This is the very last phase of the Y&Y Fellowship Program. It is an opportunity for Y&Y Fellows to present their social businesses to a team of real investors, shape their presentation skills and test their pitch decks. Pitching competitions offer a unique platform where startups stand to gain early exposure and attention from investors and other stakeholders.

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Global Y&Y Alumni Community

Y&Y Fellows who successfully complete all mandatory assignments receive a certificate of graduation and join our exclusive Alumni Network. Being a Y&Y Fellow means having a support network of former fellows, business leaders, institutions and other like-minded social entrepreneurs around the world that will help them grow their business even further.

Is the Y&Y Fellowship Program for me?

 

The Y&Y Fellowship Program is designed for young early-stage social business leaders.

Early–stage startups have particular needs in order to grow. If you answer “yes” to any of the questions below, we encourage you to apply for the Y&Y Fellowship Program.

  • Do you need help refining the combination of problem to solve, idea or potential customer?
  • Do you need help with your go-to-market strategy and access to potential customers?
  • Do you need marketing support as well as recruitment and other services associated with rapid growth?
  • Do you need help building financial projections, statements and controls?
 

Who are the Y&Y Fellows?

Exceptional, exclusively selected young people from a global pool of entrepreneurs starting a social business. Yunus&Youth Fellows are young social business leaders pursuing novel applications that have the potential to solve community-based problems, willing to take on the risk and effort to create positive changes in society through their initiatives. They desire to improve social well-being, developing projects with long-term vision, creating sustainable social value.

What are the eligibility criteria?

For previous cohorts, Y&Y received applications from thousands of young leaders from all around the world, and even more candidates are expected for the next edition.

Y&Y Fellows are selected based on the following criteria:

  • Demonstrated dedication and commitment to building a social business and solving a social issue in their community;
  • Willingness to receive professional guidance and work hard to grow and develop their social business;
  • Being the founder, co-founder or having full decision-making power in the organization;
  • Fluency in English;
  • Generally between 18-30 years old with a few exceptions made for outstanding applicants over 30.

Special consideration for:

  • Solutions that represent an advance in the way of tackling a problem to accelerate the achievement of the UN Sustainable Development Goals;
  • Ideas that integrate new technologies;
  • Innovations that specifically target problems faced by any of the following groups: youth, women, ethnic/racial minorities, LGBTQ+, refugees and displaced persons or persons with disability.

How do I join the 2020 Y&Y Fellowship Program? 

The Selection Process will comprise a total of four consecutive and eliminatory steps.

First Step: online applications. Approved applicants will receive detailed instructions for the completion of additional assignments.

Second Step: online individual interviews.

Third Step: a 10-day online introductory training, including an opening webinar and two learning modules with mandatory deliverables.

After the conclusion of the Selection Process, Yunus&Youth will communicate the final results individually to each applicant via email.

What information do I need to complete the online application form?

About the applicant
  • Full Name
  • Headshot
  • Email
  • Phone Number
  • Skype ID
  • Gender
  • Date of Birth
  • Nationality
  • Country of Residency (March-October, 2020)
  • LinkedIn Profile
  • Level of Education
  • Spoken Languages
  • Time availability
About the organization
  • Organization Name
  • Year founded / established
  • Describe your social business in one or two sentences.
  • Head Office Location (City, Country)
  • Has the organization expanded to other regions?
  • Website URL
  • Social Media
  • Name of Founder(s)
  • Number of people on your leadership / executive team
  • Diversity of people on your leadership / executive team
  • Number of employees
  • Is the organization legally registered?
  • What is the current stage of your business?
  • Which industry do you primarily work in?
  • What is your position / role in the organization?
  • Do you have any other professional occupation, besides this business?
  • If so, what is your other occupation (position and company)?
  • How much of your time is spent working on your social business?
  • Have you or your business ever participated in any acceleration or incubation programs? If yes, please specify.
  • Have you or your business ever won any prizes, grants, awards, or other forms of recognition? If yes, please specify.
  • Have you ever pitched your business solution to a panel of investors?
  • Have you raised any investments for your business? If yes, please specify.
About the problem & solution
  • What global challenge areas (UN SDGs) are your main priority to solve?
  • Please describe the social or environmental issue that you are working to solve.
  • Why are you passionate about tackling this challenge?
  • Does your solution specifically target problems faced by any minority group?
  • How does your social business solve that problem?
  • Are any new technologies a part of your solution?
  • What kind of evidence do you have that your solution solves the challenge you are tackling?
  • Who are your beneficiaries? Who are you helping?
  • Who are your paying customers? Are they different from your beneficiaries?
  • Please indicate the sources of revenue for your organization.
  • How many customers have paid for your product / service in the past 12 months?
  • What are your main expenses?
  • What are the most important measures / indicators of your success?
About the current challenges and needs
  • Why are you applying for the Yunus&Youth Fellowship Program?
  • How will you benefit, personally and professionally, from the Yunus&Youth Fellowship Program?
  • What are your current challenges running your social business?
  • What functions in which you and your social business mostly need support with knowledge / experience?
  • If you were able to get all the resources needed to succeed, how would you envision your social business two years from now? How would it look like? Think big.
  • How did you find out about us?
  • Let us know anything else you didn’t get the chance to tell us.
Deadline: February 16th, 2020 11:59 PM EST (GMT-5)