Young Entrepreneurship. Just between you and me, mentoring has entered the electronic age. CYBF is a charitable not-for-profit organization founded in that has evolved into a leading organization that encourages and supports over 2, young entrepreneurs across Canada. The end result of this process was Entre Nous. The main objectives of the Entre Nous program are:. Linking young entrepreneurs and mentors in a supportive relationship; 2.
Introducing the concepts and benefits of mentoring; 3. Enhancing mentoring and communication skills. Ransom noted that while the program led to an overall increase in the success of participants, there were some drawbacks. This resulted in the orientation being done months after the business began or, in some cases, never done at all.
This mentoring program seeks to overcome these hurdles, to increase the rate for converting potential young entrepreneurs into business owners and civic leaders.
Mentors nurture college aged youth to become economically empowered professionals. They make a real difference by:. YEMP is a transnational partnership. More than a one-on-one mentoring program, it aims to strengthen ties not just between young leaders in developing countries and the U.
We promote cross-border cooperation so young entrepreneurs can share ideas and solutions, and work together for sustainable regional development. But we also provide other services for mentors, international students and young entrepreneurs:. YEMP does not provide capital for small businesses, but instead seeks to close the finance gap for young underserved entrepreneurs by providing non-financial support, including training and mentoring.
Why is transnational mentorship needed? They are prevented by many hurdles, including: The expense and difficulty in accessing educational resources; Insufficient know-how of standard business methods; Lack of startup capital; and, Poor local technical and business infrastructure. How can mentors make a difference? They make a real difference by: Encouraging, guiding, and emotionally supporting young adults as they further their education and start new enterprises; Imparting basic business know-how; Providing models of business transparency, sound accounting and democratic values; Exposing students to online educational opportunities; Teaching mentees how to effectively use web-based resources, cloud tools, e-commerce, and social marketing.
What else does YEMP do? But we also provide other services for mentors, international students and young entrepreneurs: We also foster a transnational partnership of youthful entrepreneurs and their mentors and encourage opportunities for transnational cooperation. From time to time YEMP provides online webinars to train mentees to use new technologies that leverage the internet and modern telecommunications to overcome the limitations of locality.
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