Entrepreneurs Launch International Resource, Coaching and Funding Platform

Ye! Child & Youth Finance International held the Dutch launch of Ye! - an online platform for young a1sx2_Ye300_YE_logo_digital_cropped.pngentrepreneurs – in Amsterdam, the Netherlands, on Wednesday, December 10th . The global platform was launched to an audience of young entrepreneurs, investors, established entrepreneurs and representatives from the Netherlands Ministry of Foreign Affairs, and, the event’s hosts, De Autoriteit Financiële Markten (AFM).

2015 – The Year of the Start-Up

The launch is timely as 2015 is set to be a tipping point for entrepreneurs in the Netherlands with ex-EU Commissioner Neelie Kroes being announced as the Dutch Special Envoy for Start-Ups, and the new law coming into act as of January 1, 2015, which will make it easier for international entrepreneurs to launch their business in the Netherlands.

Entrepreneurs Pitch to Investors

During the event 10 young entrepreneurs from around the world pitched their ventures to investors and key-stakeholders from the Netherlands:

  • VACSE: Shadi Al-Hakimi has developed a search engine which searches the content of videos and audio
  • I Hate Statistics:Pim Belling will turn your hate for statistics into love
  • Bonsum:Frederik Betz makes shopping sustainably easy and rewarding (for the earth and for you)!
  • Swapp:Want to swop your jacket for her shoes? Lonneke Boonzaaijer’s interactive app will do just that
  • The Dev School: Martha Chelimo is teaching African youth to code and become tech entrepreneurs themselves
  • Crystal Shower:Wouter Chömpff wants people to get unlimited shower time with just 1 bucket of water
  • Huishuai: Huishuai Li brings Asia from your browser to your door
  • Thinking Green: Marwan Ma’som powers street-kiosks in Malaysia with sunshine
  • Shoemates: Obaid Rahimi ensures your good fashion choices will benefit a family in need
  • FGE Exports: Senai Wolderufael is ensuring that the world gets their kick from ethically sourced Ethiopian coffee

a1sx2_300_Wouter-Chmpff-pitching-Crystal-Showers.png a1sx2_300_Young-Entrepreneurs-pitching.png

Sustainable Businesses

"The AFM supports Ye! due to our commitment to financial education and financial inclusion, and building fair and transparent markets. Young people can bring this change as young entrepreneurs predominantly start businesses which are unlike the old way of doing things – they are new and fair and they...bring a positive change in the world."

Theodor Kockelkoren, AFM Executive Board member.

Annemiek Hoogenboom representing the players of Nationale Postcode Loterij and Energo Foundation, a main sponsor of the Ye! online platform, underlined this socially conscious characteristic which the majority of the young entrepreneurs pitching at the event shared. She highlighted that in her experience young people tend to have more sustainable and socially aware solutions – their ideas are green from the get-go.

Start-Up Coach

Duke Urbanik, private investor and YES!Delft strategy coach, heeded this with a warning that the commonality of young entrepreneurs to be hyper socially-conscious may lead them to live in an idealist bubble. For an investor to take notice of a young entrepreneur they have to see an attainable goal. This is where the Ye! coaching platform will be useful to young entrepreneurs as the coaches will hold a mirror up to the entrepreneur and hold them accountable to their goals helping to ensure that they don’t become unrealistic and unattainable.

International Markets

Mr. Kockelkoren emphasized the important role which Ye! will play in welcoming young entrepreneurs from international markets to the Netherlands, and vice versa. Ms. Hoogenboom echoed the importance of this international platform: “Young people think internationally automatically. If they want to make a difference and earn money then they don’t just think “hey, let’s do this in the Netherlands," they think "hey, let’s do this in the Netherlands, the US, and China!” This is important for the growth of their business and national economies, and Ye!’s international resources makes it easier for them to do this.

Jeroen Roodenburg, the Ambassador for the Private Sector and International Cooperation from the Netherlands Ministry of Foreign Affairs, announced that they are working closely with the private sector to ensure that the Post-2015 Sustainable Development Goals (to be established in September 2015) will result in the eradication of extreme poverty. In light of this, encouraging investment in young entrepreneurs, especially enterprises in the supply chain which links developing markets to developed ones, is a top priority.

Entrepreneurship Top Tip

Perseverance was the word of the evening, with established and young entrepreneurs alike repeating that their top tip for any budding entrepreneur is to persevere! Gert-Jan van der Hoeven CEO and co-founder of H2 Equity Partners, a leading Western-European hands-on investment firm, shared jokingly that being an entrepreneur is what gave him grey hair but encouraged the young entrepreneurs to ride out the tough times and stick to their guns – it’s all worth it in the end.

Jeroo Billimoria, serial social entrepreneur and Managing Director of Child & Youth Finance International, said that the only reason that Ye! is in existence is because her team believed whole-heartedly in the idea and persevered against all odds.

International Resource Hub

“Ye! will make it so much easier for young entrepreneurs to find the advice and resources that they need” said Angelien Kemna, Chief Finance & Risk Officer of the APG Group, and Chairman of the Supervisory Board of Yellow and Blue, a Dutch venture capital firm in the field of renewable energy. She went on to say that “we all need to work together to build up enterprises and economies.”

Stay tuned for the upcoming dates of the national launches and pitching events of Ye! set to take place around the globe in early 2015. If you are interested in joining Ye! as a young entrepreneur, a coach, or if you are interested in investment opportunities please contact Jie Xiu (This email address is being protected from spambots. You need JavaScript enabled to view it.) from Child & Youth Finance International or join the community today!


About Ye!

Ye! will be the biggest online community for young entrepreneurs. It supports entrepreneurs between the age of 16 and 30. By joining the community, they can get in touch with peers and obtain support through sharing knowledge, a free coaching service from international and local experts, and funding opportunities. Young people can use these resources to become more knowledgeable entrepreneurs and grow their business.

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Expanding Youth Entrepreneurship Education

Youth included in strengthening entrepreneurship education in Europe, while JADE and Microsoft renew their Education Transformation Agreement.

On November 4th, Thomas Van Vynckt and Philip Harris from CYFI’s Innovations team took part in the Generations Club organized by JADE (the European Confederation of Junior Enterprises) in Brussels, supported by Microsoft. The meeting’s theme centered on asking the youth participants how entrepreneurship education can be expanded, strengthened and encouraged, with the main objective being to find sustainable ways to raise a generation of leaders. As an outcome of the meeting JADE and Microsoft renewed their Education Transformation Agreement to work together against ever-increasing challenges, and opportunities in entrepreneurship education. A take-away from the meeting was that if entrepreneurship education is to tangibly boost young enterprises then it needs to be taught both in and out of the classroom, and support should be encouraged not only by educators but by policy-makers and parents too.

JADE and Microsoft renew Education Transformation Agreement Youth representatives discuss entrepreneurship education in Europe Innovation Department youth representatives on their way to discuss entrepreneurship education

Young Leaders

Thomas and Philip were 2 of the young representatives who were chosen to speak on behalf of young entrepreneurs in Europe. With meeting attendees ranging from Microsoft, Ernst & Young and members of the European Parliament, the meeting set an example of how the private sector and policy-makers can empower youthby giving them the opportunity to hold leadership roles.

If you believe in the youth’s ability to lead a new generation of sustainably-minded, passionate and driven young entrepreneurs then donate to Child & Youth Finance International today and support the #youngleaders of tomorrow!


Images courtesy of Thomas Van Vyck and JADE
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Youth employment: how mobile services are facilitating job opportunities for young people in Europe

Recognizing youth unemployment as a global challenge, the Mobile for Employment team took a trip to the GSMA Brussels office to discuss issues in the European context as part of the GSMA Mobile Meetings Series.

Read more at the YouthTech blog.

 

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