Applications are now closed

Applications closed

Uniting young entrepreneurs as a force for good

17-21 June 2024
London, UK

Applications closed
Global Youth Entrepreneurship Summit 2024 logo

Save the date!

8-10 October 2024

Join leading experts and YBI members from over 50 countries across six continents, and help shape the future of youth entrepreneurship to drive a generation for change.

This year’s event will be hosted in ‘City Under the Sun’ and hub of entrepreneurial innovation Nairobi, Kenya. The three-day Summit will take place at the Kenyan School of Monetary Studies.

The theme of YBI’s 2024 Global Summit is Generation for Change – Shaping the future of Youth Entrepreneurship and this Summit is your chance to be part of the collective commitment to addressing the urgent topics of our time, and having a transformative impact through youth entrepreneurship.

See here for more information.

Be part of the generation for change

A unique opportunity for young entrepreneurs supported by YBI members to learn from impact entrepreneurship experts, collaborate with peers from around the world, and be shortlisted for the Global Young Entrepreneur of the Year Award during a five day bootcamp in London, UK this June.

About the Bootcamp

As the only organisation dedicated to youth entrepreneurship globally, at Youth Business International (YBI), we know that entrepreneurship is transformative and that when youth-led businesses thrive, they create new jobs, shape local communities, and drive economic growth.

In 2024, we’re expanding our biannual Global Young Entrepreneur of the Year Awards into a five day bootcamp for a cohort of underserved, high performing youth businesses – some of the best young entrepreneurs currently working with our global network of members.

 The Bootcamp – which is available to young entrepreneurs supported by YBI members, is free to apply to and includes all expenses paid – will take place in London for five days in June 2024. It will focus on delivering transformational learning experiences and building global business relationships. The 30 participants will exchange and learn with experts, develop their entrepreneurial growth mindset, refine pitch skills and master effective leadership, all while networking with peers and business leaders to form lasting supportive relationships.

Applications close 16 February.

What’s on the agenda?

Aside from the unique opportunity to gain new global perspectives and meet like-minded impact entrepreneurs from around the world, participants will:

  • Hear from inspiring successful entrepreneurs
  • Develop a journey to scale
  • Perfect your entrepreneur’s tale
  • Build a growth mindset
  • Benefit from leadership skills and emotional intelligence development
  • Attend a strategic networking masterclass
  • Strengthen pitch training and showcasing skills
  • Network with leading founders and influencers
  • Experience a taste of London

Global Young Entrepreneur of the Year Awards

Bootcamp participants will have the exclusive opportunity to be shortlisted for the Global Young Entrepreneur of the Year Awards and monetary prizes. There are three categories.

Social entrepreneurship

Entrepreneurs leading a business with the primary goal of addressing and solving societal challenges, e.g. poverty, inequality, education, and healthcare.

Climate entrepreneurship

Entrepreneurs leading a business with the primary goal of combatting climate change and its associated challenges, working in areas such as energy efficiency, carbon capture, waste management, sustainable agriculture, water resource management, climate adaptation, etc.

Sustainable entrepreneurship

Entrepreneurs leading a business which integrates economic, social and environmental considerations into its core operations and decision-making.

The remaining 21 young entrepreneurs will continue to have access to an online networking platform for the whole cohort where they can continue to share challenges and successes and support their peers who have been shortlisted for the awards.

There will be three rounds to decide the award winners.

  1. Pitch judging at the Bootcamp will select the nine finalists.
  2. Public voting will open in July to help decide the winner.
  3. A second pitching session will take place before the Global Youth Entrepreneurship Summit where winners will be announced.

Eligibility

You will need to meet the following criteria to apply to the Youth Business International Bootcamp:

  • You must be born between 1 November 1989 and 1 January 2006 to enter.
  • You must be receiving support or have received support within the last 24 months from a YBI member.
  • You must be an Entrepreneur / Business Owner of a business within the Impact Entrepreneurship (see definition below) space.
  • Your business must be at least three years in operation with evidence of multiple projects being launched to market.
  • The financial analysis of your business must show evidence to support the argument that the business has High Growth Potential (see definition below).
  • Your business must have the potential to win one of the three Global Young Entrepreneur of the Year Awards categories mentioned above.

What do we mean by Impact Entrepreneurship and High Growth Potential?

Impact Entrepreneurship

Businesses make efforts to create, develop, and sustain business models that pursue social or environmental goals as an integral part of the model, together with financial success. Usually, businesses that focus on:

  • Climate impact entrepreneurship
  • Social impact entrepreneurship
  • Sustainable impact entrepreneurship
  • Inclusive impact entrepreneurship

High Growth Potential

Businesses are those that can grow in the future by selling more products and services to existing customers or by acquiring new customers quickly. These businesses show future ability to:

  • Increase revenue
  • Generate larger profits
  • Expand its workforce
  • Increase production and distribution

FAQs

General

The Youth Business International Bootcamp is taking place in London, UK, 17-21
June 2024.

The Global Youth Entrepreneurship Summit is taking place in Nairobi, Kenya, in
October 2024. More information will be provided on this site in late January.

YBI will cover flights, visas, accommodation and catering for Bootcamp participants. We will also cover the flights, visa, and accommodation for the nine finalists attending the pitch day and awards ceremony at the Global Youth Entrepreneurship Summit.

We will ask you to let us know your requirements as part of the application form and aim to accommodate participants where we can. When we release venue details, please check back for further accessibility information.

The Bootcamp application form should be completed by the young entrepreneur wishing to attend. YBI will then contact the member they have said they are working with to verify their information.

Prize values to be determined. The minimum prize for the highest winner will be a $10,000 grant.

We welcome applications from refugees and other migrants and will review them on a case-by-case basis due to country-specific laws.

Entrepreneurs will need a minimum of intermediate spoken and written English to fully participate.

Applications are open 5 January to 16 February 2024.

The detailed overview will be provided to participants and their supporting members once attendees have been selected. This website is the best source of information for applicants. If you have any questions while applying that are not answered here, please contact us at [email protected].

Only one representative per business can attend the bootcamp and be eligible to win the Global Young Entrepreneur of the Year Awards. However, the monetary prize is to be spent on the winning business so benefits both founders.

For YBI members

Yes, we would love to have you on board. We are looking for a range of collaborators and supporters for networking events and training sessions. Please get in touch if you would like to participate: [email protected]. Please note that YBI can only cover full expenses for Bootcamp participants.

As there are only 30 places at the Bootcamp, we suggest that members encourage their top candidates with the best chance of being selected to apply. This number may vary from organisation to organisation, but we recommend focusing on a small group of the most relevant youth businesses, likely 5-10.

No, you are not expected to accompany the young entrepreneur. YBI are only able to accommodate the 30 participants at the Bootcamp.

For Applicants

Yes.

YBI is a global network of enterprise support organisations (our members) working together to support underserved young entrepreneurs around the world. One of the exclusive benefits of being a member is that young entrepreneurs who have taken part in our member’s programmes or received support from them are eligible for a range of opportunities, including our Bootcamp. This Bootcamp is about celebrating and supporting young entrepreneurs who are supported by our members and have participated in YBI network activities, therefore we can only accept applications from young entrepreneurs who our members can verify have participated in their programmes.

YBI will provide a completion certificate at the end of the Bootcamp week.

Unfortunately, YBI are not able to provide translators for this event. Participants will need to be proficient in English to attend.

The YBI member that you name on your application form will be contacted and asked to confirm that you are working with them as well as other eligibility information that you have provided.

We aim to inform all applicants whether they have been accepted to the Bootcamp within a month of applications closing.

The cohort will have access to an online community tool so that you can stay connected with one another after returning home. YBI will also give participants a task for the months following the Bootcamp to encourage you to put the new skills you have gained into practice.

We will ask you to let us know your requirements as part of the application form and aim to accommodate participants where we can. When we release venue details, please check back for further accessibility information.

Yes. As a Bootcamp participant, you will be automatically entered into the Global Young Entrepreneur of the Year Awards. All nine finalists are invited to attend the Summit where the overall winner will be announced. You would therefore need to be available for both the Bootcamp and the Summit if you are an award finalist, so must confirm you can attend both events in person during application.

Unfortunately, the age range is a hard criterion, and we cannot accept your application unless you are born between 1 November 1989 and 1 January 2006.  Youth Business International focuses our efforts on entrepreneurs aged 18-35, meaning that Bootcamp attendees would need to be within this age range until a year after the Global Young Entrepreneur of the Year Awards later this year as we will continue to promote any winners for at least a year (while they are potentially continuing to receive support from a YBI member). 

Still have questions? Contact us at [email protected]

Copyright © 2024 YBI. In the UK Youth Business International is a registered charity no: 1123946