Title Youth Enterprise Accelerator
Project Number UK/13/LLP-LdV/TOI-654
Project Type Transfer of Innovation
Country UK-United Kingdom
Marketing Text Mass disengagement and mass youth unemployment has to be tackled from many angles. This project used one of them: Fostering a sense of Initiative and Entrepreneurship among young adults (those 18 - 30 years of age). However, before we were able to "deliver" any technical training, we had to understand the young adults including their needs, the pressures & barriers they face and also what motivates and engages them. This project was based on a "values" approach and covered Personal Development, Entrepreneurship Training, Mentoring and Work Placements. The project was a stepping stone for young adults facing challenges, to access entrepreneurship training.
The project assessed, tested and implemented entrepreneurship training for young adults (those 18 – 30 years) by using the developed “Youth Enterprise Accelerator” – a training methodology developed by One Planet Ventures and Ashford Place.
The YEA pilot was 12 weeks long, targeted young entrepreneurs and included work placement and mentoring. Through the dedicated training course, young adults were in the position to implement their projects and companies in a sustainable and practical way, which helped them to realise their personal and professional ambitions, whilst being in a supportive environment.
Results (Young People):
Of the 55 participants trained, 35 (64%) went into self-employment or starting a company. 16 (29%) either found employment of went into further training and only 4 (7%) of the 55 young people have no solution at the end of the training period.
All partners will continue to deliver courses built on the Business Mode Canvas (BMC), the ‘entrepreneurship methodology’ that this project was built around.
Implementation of new incubators
4 of the 6 partners involved plan to implement new incubators or new cohorts in existing incubators. In particular the French partner plans to implement other incubators in other 4 areas in France and transfer the enterprise incubator approach to 5 other Apprentis D’Auteuil partners (in Spain and Morocco initially, then in the Democratic Republic of Congo and further partner countries). One Planet Ventures (UK) is continuing to innovate on the Youth Enterprise Accelerator and is exploring an Erasmus+ project with new partners, whilst also continuing business incubation for young people in their locality (South London). The Ashford Place spin-off company (Youth Enterprise Solutions Ltd) is taking forward the business incubation parts of Ashford place and continues to support young entrepreneurs. The German partner (iq consult), also continues to train young entrepreneurs in their location in Potsdam. In total, 13 youth enterprise incubator/ accelerator locations across the 4 partner countries will be sustained or developed over the coming 2 – 5 years resulting from this Transfer of Innovation Project "Youth Enterprise Accelerator” project.
The project established the demand/ need in each country by researching and compiling Needs Analysis reports which highlight the challenges faced by young people, especially those wanting to start a business or social enterprise. Based on the Needs Analysis, we then structured the implementation of the Youth Enterprise Accelerator in each of the 4 countries. Establishing the YEA in each country was done by the trained Coordinator who received training in November 2014 in Paris. They worked with a local delivery team of trainers to implement the local YEA, following the methodology developed by the UK partners (One Planet Ventures and Ashford Place), as well as assessing approaches developed by German partner iq consult GmbH. The partners had access to up-to-date methodology handbooks on business incubation, deploying a specific intervention for young people in becoming self-employed or creating a business/ social enterprise.
The project engaged with youth social enterprise Roadworks Media to create a project video and to share some of the stories of the young entrepreneurs going through the programme, using video. Adam Koroma, sub-contracted by One Planet Ventures, helped throughout the production of the video and finalised it using material shared by partners. All partners ran their Youth Enterprise Accelerator pilot between June and August 2015.
We established a Project Website under http://yea-project.blogspot.co.uk, which provides project updates but also allowed us to share blog posts on youth entrepreneurship. We also used it to share our Needs Analysis as well as marketing & PR materials. Feel free to visit and get in touch!
Administrative and Support Service Activities
Financial and Insurance Activities
Information and Communication
program or curricula
transparency and certification
Product information Besides other expected results our main products were the YEA 'Train The Trainer', YEA Modules (this is the core & most important result as this is what One Planet Ventures / Ashford Place have developed), YEA Training Curriculum (for young entrepreneurs)as well as YEA Training booklets (for young entrepreneurs too).