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Future Young Entrepreneurs Project

A Big Opportunity for the Young Generation Worldwide with Final Competition Taking Place in Berlin

February 24th, 2016
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Nowadays, in a period in which the words “Youth Unemployment” are dominating global economics, and more than 40% of young people in Europe are not able to find a job, we can focus our attention on some projects that are trying to give interesting opportunities to the young generation, with the possibility to create jobs and do something for the common good

One of these projects is called "Future Young Entrepreneurs”, it is co-funded by the Erasmus+ Programme of the European Union and enables young students with brilliant start-up ideas to develop and implement them, whether they are profitable businesses or social entrepreneurships.

The participants are all students aged 15 to 18 and come from India, Indonesia, Malawi, the Netherlands, Romania, Vietnam and Germany. 

This worldwide project is composed of two phases: firstly, the young people have to explain their reasons for taking part in the competition, answering the questions “Why do I want to be an entrepreneur? What qualifications do I possess for it?”. 

Their motivations are compared and the best thirty applicants from each country are chosen to learn the basic skills of entrepreneurship attending three workshops, that provide students with the necessary information on how to develop ideas and support to write their business plan.

Then, in September 2016, the best ten students from each country will take part in the second phase of the project, which consists of an international weeklong competition taking place in Berlin, where they will present their business plans and try to prevail with their innovation and entrepreneurial spirit. The jury will finally award the best Future Young Entrepreneurs. 

The interesting thing is that young people have lots of great start-up ideas, which emerge usually from their involvement with local issues. From the Netherlands, for example, students will present the start-up idea of an innovative bike lock that works using fingerprints, making lost keys a problem of the past. The students from Vietnam created an idea for an app to help people survive in the nearby jungle, in India they invented a new walking stick that can electronically warn the blind about impediments and in Jakarta the winning start-up idea promoted smoking cessation.

For more information on the program please visit the link below.

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Future Young Entrepreneurs Project - PICTURE 1.jpg

News from Berlin
Gloria Dalla Vecchia, Berlin Global