Promoting entrepreneurship among youth

•We Provide Entrepreneurial Coaching To Unemployed Young People In Africa To Remove Them From Joblessness And Transform Them Into Entrepreneurs, Set Up A Company And Start Operating A Business.

•The End Goal Is To Coach 145 New Entrepreneurs Across The Entire Country By 5 New Young Entrepreneurs From Each District Of All 28 Districts Of Malawi.

•Promoting Entrepreneurship Among Youth In Africa Aims At Providing  Entrepreneurial Coaching, Mentorship And Needed Accompaniment: Remove Them From Joblessness Until We Transform Them Into Entrepreneurs, Create A Company And Start Operating A Business.

• We Provide Then Entrepreneurial Coaching, Needed Guidance And Accompaniment And Mentorship From Guiding Youth To Come Up With  A Business And We Provide Them Needed Accompaniment Until That Business Idea Materializes And Comes To Life Through Building The Business Model, Creating A Company Securing Needed Funding And Implement The Business. 

Our Organization Youth Startup Incubator (YSI) : Promoting Entrepreneurship Among Youth In Africa Aims At Providing Long Distance Entrepreneurial Coaching, Mentorship And Needed
Accompaniment: Remove Them From Joblessness Until We Transform Them Into
Entrepreneurs, Create A Company And Start Operating A Business

•Our Intervention Is Unique In A Sense That Not Only It Is A Goal Oriented, But Is Also A Result-Based. We Take The Unemployed Young People From Joblessness, We Provide Then Entrepreneurial Coaching, Needed Guidance And Accompaniment And Mentorship From Guiding Them To Come Up With  A Business And We Provide Them Needed Accompaniment Until That Business Idea Materializes And Comes To Life Through Building The Business Model, Creating A Company Securing Needed Funding And Implement The Business. Even After The Business Is Implemented We Remain With Them In risk sharing To Ensure The Survival, The Sustainability And Scalability Of The Business In Future.

•Our Organization YSI : Promoting Entrepreneurship Among Youth In Africa Aims At Providing Long Distance Entrepreneurial Coaching, Mentorship And Needed Accompaniment: Remove Them From Joblessness Until We Transform Them Into Entrepreneurs, Create A Company And Start Operating A Business. 

•The End Goal Is To Coach 145 New Entrepreneurs Across The Entire Country By 5 New Young Entrepreneurs From Each District Of All 28 Districts Of Malawi.

•1.We Don’t Believe That People Can Be Developed, I Only Believe That People Can Develop Them Themselves. On This Aspect There Is Some Work Needed To Be Done In Terms Of Changing The Mindset Of Expecting Other People To Come And Solve The Problems Has To Come To An End, Entrepreneurship Is The Way To Go.

•2.We Believe In Young People, We Believe That Your People Have Got All It Takes To Change And Improve Their Lives. But At The Same Time, We Believe That Young People Needed Some Mentorship And Accompaniment To Some Extent, When Left Alone There Is A Big Probability That They Will Remain In Uncertainty And Few Will Take Action,They Will Remain Consumed  In Emotional Stuffs 

•We Provide Entrepreneurial Coaching To Unemployed Young People In Africa To Remove Them From Joblessness And Transform Them Into Entrepreneurs, Set Up A Company And Start Operating A Business. 

•Our Intervention Is  Goal Oriented, But Is Also A Result-Based. We Take The Unemployed Young People From Joblessness, We Provide Then Entrepreneurial Coaching, Needed Guidance And Accompaniment And Mentorship From Guiding Them To Come Up With  A Business And We Provide Them Needed Accompaniment Until That Business Idea Materializes And Comes To Life Through Building The Business Model, Creating A Company Securing Needed Funding And Implement The Business. 

•Our Intervention Is Unique In A Sense That Not Only It Is A Goal Oriented, But Is Also A Result-Based. We Take The Unemployed Young People From Joblessness, We Provide Then Entrepreneurial Coaching, Needed Guidance And Accompaniment And Mentorship From Guiding Them To Come Up With  A Business And We Provide Them Needed Accompaniment Until That Business Idea Materializes And Comes To Life Through Building The Business Model, Creating A Company Securing Needed Funding And Implement The Business. Even After The Business Is Implemented We Remain With Them  To Ensure The Survival, The Sustainability And Scalability Of The Business.

-The innovation of this intervention is providing the distance entrepreneurship mentorship, guidance and accompaniment. This is done through social media (what's App Individualized Messages, Social Media Platforms (Instagram) of Youth Startup Incubator : Promoting Entrepreneurship Among Youth In Africa_PEYA. Providing Online and Long Distance Entrepreneurship at the individual level due to the highest telephone penetration in Africa will make this intervention reach to a bigger audience across the entire country and in an ongoing and regular manner. This individualized guidance, mentorship and technical assistance from  joblessness, We Provide  Entrepreneurial Coaching, Needed Guidance And Accompaniment And  From Guiding Them To Come Up With  A Business  Idea And We Provide Them Needed Accompaniment Until That Business Idea Materializes Through Building The Business Model, Creating A Company Securing Needed Funding And Implement The Business.  After The Business  Implementation We Also Ensure The Survival, The Sustainability And Scalability Of The Business In Future.

•I Don’t Believe That People Can Be Developed, I Only Believe That People Can Develop Them Themselves. On This Aspect There Is Some Work Needed To Be Done In Terms Of Changing The Mindset Of Expecting Other People To Come And Solve The Problems Has To Come To An End, Entrepreneurship Is The Way To Go.

•I Believe In Young People, I Believe That Your People Have Got All It Takes To Change And Improve Their Lives. But At The Same Time, I Believe That Young People Needed Some Mentorship And Accompaniment To Some Extent, When Left Alone There Is A Big Probability That They Will Remain In Uncertainty And Few Will Take Action,They Will Remain Consumed  In Emotional Stuffs.

•Promoting Entrepreneurship Among Youth In Africa Aims At Providing Long Distance
Entrepreneurial Coaching, Mentorship And Needed Accompaniment: Remove Them From
Joblessness Until We Transform Them Into Entrepreneurs, Create A Company And
Start Operating A Business.

•We Don’t Believe That People Can Be Developed, We Only Believe That People Can Develop Them Themselves. On This Aspect There Is Some Work Needed To Be Done In Terms Of Changing The Mindset Of Expecting Other People To Come And Solve The Problems Has To Come To An End, Entrepreneurship Is The Way To Go.

At the end of the of our intervention, we have the coverage across the entire country in all 28 districts apart from one district of

Mwanza where we still had zero trainee. We are able to get five trainees in 15 following districts
1. Dedza district
2. Dowa District
3. Kasungu district
4. Lilongwe
5. Mchinji district
6. Nkhotakota district
7. Salima district
8. Likoma district
9. Mzimba district
10. Balaka district
11. Blantyre
12. Machinga district
13. Mulanje district
14. Nsanje district
15. Zomba district

At the end of month 1 of our project implementation (from October 1 to October 31, 2019), 8 trainees as indicated in the above
table had were so fast and had already received guidance, mentorship and needed accompaniments and had already reached at
the level of designing their business model in a sense of the nine different blocks of the canvas business model. The next step for
these 8 advanced trainees is to move to the creation of their companies.

TOTAL NUMBER OF BUSINESS IDEAS PROPOSED AT THE END OF THE MONTH 1 OF OUR PROJECT
IMPLEMENTATION
# LIST OF BUSINESS IDEAS PROPOSED BY UNEMPLOYED YOUNG PEOPLE INVOLVED IN THE TRAINING IN MALAWI
1 Buying and selling farm produces,
2 Pharmaceutical distribution,
3 Property management
4 Construction company
5 Water Manufacturing company
6 Chicken Poultry Business
7 Buying a small premise and operate a small private hospital
8 Buying a house and operate a small lodge
9 Buying 5 cars and start a car hiring business (car rental business)
10 Opening a high school in rural areas
11 Restaurant
12 Cosmetics
13 Butchery Fresh Meat
14 Agrodila Shop
15 Bridal accessories shop
16 Restaurant
17 Second hand cloth business

•We Don’t Believe That Unemployment Is Always Associated To Lack Of Opportunities. It Can Sometimes Be Related To People’s Attitudes And People’s Mindsets And People’s Capacity Of Taking Ownership. It Is Questionable If The Missing Opportunities Were To Be Made Available, Without A Proper Mindset, People Will End Up Being Able To Fully Utilize Those Available Opportunities And Take Good Advantage Of Those Opportunities. And That Is Exactly Why The Big Component Of Our Entrepreneurial Coaching Is Mindset Change.

•We Believe In Young People, We Believe That Your People Have Got All It Takes To Change And Improve Their Lives. But At The Same Time, We Believe That Young People Needed Some Mentorship And Accompaniment To Some Extent, When Left Alone There Is A Big Probability That They Will Remain In Uncertainty And Few Will Take Action. They Will Remain Consumed  In Emotional Stuffs 

The End Goal Is To Coach 145 New Entrepreneurs Across The Entire Country By 5 New
Young Entrepreneurs From Each District Of All 28 Districts Of Malawi

The  Goal  In Two Years Is To Coach 290 New Entrepreneurs Across The Entire Country By 10 New
Young Entrepreneurs From Each District Of All 28 Districts Of Malawi

Lack Of Funding For Young Entrepreneurs To Implement Their Business Endeavors 

Applying For Grants. Collaborate With Development Bank To Make The Needed Lobbying For Unemployed Young People To Get Subsidized And Low Interests To Be Able To Implement Their Business Projects.

Massudi Hakizamungu
Toronto-CANADA/Blantyre-Malawi
YSI Founder, YSI CEO and YSI Malawi Country Director (CD)
Email : hakizamungu.massudii@gmail.com
Tel : (+1) 416-316-5557

Lucky NYIRONGO
Blantyre-MALAWI
YSI Chief Operation Officer (COO)
Tel : +265 884 78 55 79
Email : lucky2016nyirongo@kcn.unima.mw

Djamila Cyndee
YSI Chief Financial Officer (CFO)
Tel : +1 (437) 990 3578
Email : cyndeedjamila@gmail.com
Toronto, Canada

Benjamin Akimana, MHI
YSI Senior Technical Advisor
Email : akinbenja2000@gmail.com
Seattle, WA, USA

Massudi Hakizamungu
Toronto-CANADA/Blantyre-Malawi
YSI Founder, YSI CEO and YSI Malawi Country Director (CD)
Email : hakizamungu.massudii@gmail.com
Tel : (+1) 416-316-5557

Lucky NYIRONGO
Blantyre-MALAWI
YSI Chief Operation Officer (COO)
Tel : +265 884 78 55 79
Email : lucky2016nyirongo@kcn.unima.mw

Djamila Cyndee
YSI Chief Financial Officer (CFO)
Tel : +1 (437) 990 3578
Email : cyndeedjamila@gmail.com
Toronto, Canada

Benjamin Akimana, MHI
YSI Senior Technical Advisor
Email : akinbenja2000@gmail.com
Seattle, WA, USA

The team has the required expertise in developmental projects. So far we have gained and needed training in the following : courses : Fundamentals Of Business Expansion, Design Driven Entrepreneurship, Fundraising Concepts, Agripreneurship : A Path To The Future, Fundamentals Of Starting And Running A Business, Fundamentals Of Grant Writing, Creating And Maintaining Social Enterprises, Strategies For Personal Growth And Development, Understanding Renewable Energy,

We Partner With The Government

Key partners

-Ministry of Youth

Key activities:

3.Provideindividualized monthly follow ups through outbound phone calls through a project call center

Value proposition:

“Reduce Youth Unemployment Through Providing  Entrepreneurial Coaching To Unemployed Youth In Malawi”

Customer relationships:

-We will find and train unemployed youth in their village

-Uniqueness of this type of intervention is in its newness. It is new of this type -The intervention is solving a real issue, a problem that these youth are facing. They will be motivated to be part of the project.

Customer segments:

The project is targeting unemployed youth who qualified from high school and above  

Key Resources:

-Intellectual: (knowledge in project management and skills I  have on entrepreneurship subject, skills I have in grant writing)

-human (the project will also hire available local staff who will be trained to help to implement the project) -Financial: (I will get needed funding from applying for grants from funding institutions)

Channels:

I will reach unemployed youth through  the following channels :

-Ministry of Youth

-Ministry of labor

-Local authority

Cost structures: Still working on the needed budget

Revenues Streams:

-No expected revenue given that this is a nonprofit initiative, therefore the expected impact is

-90% of unemployment reduction during lifetime of the project to be proved in the project impact evaluation at the end of the project. 

•Our Intervention Is Unique In A Sense That Not Only It Is A Goal Oriented, But Is Also A Result-Based. We Take The Unemployed Young People From Joblessness, We Provide Then Entrepreneurial Coaching, Needed Guidance And Accompaniment And Mentorship From Guiding Them To Come Up With  A Business And We Provide Them Needed Accompaniment Until That Business Idea Materializes And Comes To Life Through Building The Business Model, Creating A Company Securing Needed Funding And Implement The Business. Even After The Business Is Implemented We Remain With Them In risk sharing To Ensure The Survival, The Sustainability And Scalability Of The Business In Future.