Foundation for Youth Social Entrepreneurship (FYSE) [mail] hello@fyse.org [tel] +852 8170 3587

The Foundation for Youth Social Entrepreneurship

Unlocking Potential. Igniting Ideas. Empowering Actions.

Foundation for Youth Social Entrepreneurship (FYSE) [mail] hello@fyse.org [tel] +852 8170 3587

Our Issue

38m young people aged 15-24 in East and South Asia were without work in 2003 and the number is increasing. Too few young Asians, despite facing severe unemployment, consider entrepreneurship as a career choice. This youth unemployment leads to poverty and causes immense social challenges for society. Fostering youth entrepreneurship has emerged as a solution, but the intention among Asians to become entrepreneurs is very low (Japan 3%; Malaysia 5%) and very few young people in Asia actually start their own business (2.9% in China, 2009; 0.18% in Indonesia, 2008). Young Asians are interested, but will not start their own business because of a perceived lack of training and funding, and the lack of entrepreneurial role models. Social entrepreneurs are a new breed of entrepreneurs; people who not only consider material rewards but who address the most pressing social and environmental issues of our time and solve them. Their business models address the root of the issues but transform sectors, make lasting changes on society and solve problems that aid or governments have not been able to address sufficiently.

“I joined the program as mentor because I enjoy sharing my life experiences with people. I highly enjoy talking to young people because I deeply believe that given

the right direction, co-operation, love, and respect, youth will find confidence, develop positive attitude, and thus will be future change agents.” Lucky Chhetri,

Founder of Empowering Women of Nepal/ 3 Sisters Adventure Trekking; Paragon Mentor

"Digital Opportunity believes youth entrepreneurship empowers young people to create wealth for social good and bring positive change in their communities and

countries, and so supports the Asia Pacific Future 100 program for inspiring Asia’s youth to action."

Digital Opportunity, Paragon supporter

"We support the Paragon fellowship as this program consists with our mission to cultivate business leaders who will contribute to creative change and innovation

in Asia and Japan." Globis Japan, Paragon supporter

"Wadhwani Foundation and NEN support this effort because we believe the

economic greatness of a country is fueled by the strength and vitality of its entrepreneurs.”

Romesh Wadhwani, Chairman Wadhwani Foundation, Paragon supporter

Foundation for Youth Social Entrepreneurship (FYSE) [mail] hello@fyse.org [tel] +852 8170 3587

The Foundation for Youth Social Entrepreneurship

FYSE is an independent and not-for-profit organization founded in 2008 and sustained by contributions from foundations, individuals, corporate sponsors and other supporters. The Foundation is dedicated to offer programs that foster youth entrepreneurs to create and grow sustainable social ventures and to provide entrepreneurial role models to inspire young people in Asia Pacific to become social Change Agents.

Vision

Asia’s young people are inspired and empowered to change their communities for good.

Mission

The Foundation inspires and nurtures the next generation of youth entrepreneurs in Asia Pacific through exciting learning opportunities and role models.

Theory of Change

By identifying, nurturing and promoting young social entrepreneurs from Asia Pacific we aim to raise the awareness of youth entrepreneurship as a career path and inspire young people to become entrepreneurs.

Measurable Impact By increasing enterprise skills and expertise through training and networking, and by creating an supportive environment for youth entrepreneurship FYSE will increase entrepreneurial behavior among young people (increased number of start-ups, increased business growth) which will lead to job creation, economic growth and poverty reduction.

Management FYSE is led by Andrea Krause, who previously worked as Head of Project Management and Outreach for Enterprise Asia, a leading regional think tank for entrepreneurship in Asia. Prior to Enterprise Asia Andrea worked with various social enterprises including The Hub, AIESEC and SISU Technologies Ltd, a social enterprise in the field of IT outsourcing in Bangladesh. She has gained management experience in Bangladesh, Indonesia, the UK, South Korea, China and Malaysia. Board of Advisors: ! Kevin Teo, Co-Founder Volans/ Former Head of Asia, Schwab Foundation for

Social Entrepreneurs ! William Valentino, Director Corporate Responsibility, Bayer Greater China ! Cliff Prior, CEO UnLtd/ UK

Current Partners (selection) ! Pro-Bono: KPMG (Audit Partner); dotAsia (Webservice); HKSUA (Audio service) ! Other Partner: Fast Forward Fund; Morpheus Venture Partners; Flow Foundation ! Media Partner: The Jakarta Post, Brunei Times, Igenius, Today’s Youth Asia etc.

Foundation for Youth Social Entrepreneurship (FYSE) [mail] hello@fyse.org [tel] +852 8170 3587

The Paragon Fellowship

Identify and nurture high potential young social entrepreneurs from Asia Pacific who utilize innovative approaches to generate a significant measurable impact on their communities and promote their work to inspire youth to become social innovators. By promoting those entrepreneurs we will inspire more young people to become entrepreneurs to escape the cycle of poverty and unemployment.

It provides a platform of opportunities for fellows including Executive Coaching by distinguished business leaders and entrepreneurs, training and capacity building and access to funding.

The Paragon fellowship core impact lies in empowering Asia’s next generation of social entrepreneurs to accelerate their impact. It grows a community of entrepreneurial role models over the years that will become ambassadors for youth entrepreneurship by leading successful ventures and being engaged as speakers and in the program as mentors to the inspired youth starting new ventures.

In 2009 FYSE has selected the first batch of 100 young social entrepreneurs under the age of 30 for the one-year fellowship. Selected fellows 2009/2010 (short selection) included:

In 2010 we will open the max. 35 fellowships based on specific global issues, including health, education, environment, ICT4D etc. We will award between 3 - 5 fellowships per year per global issue so we can fully engage with our portfolio of young entrepreneurs.

Ecosystem of support FYSE builds a platform of resources and services incl. investors, mentors, partners and volunteers to provide leveraged support for each social entrepreneur.

Fellowship Development Goals Entrepreneur Venture Community

Develop the skils and knowledge of fellows to increase their personal effectiveness and efficiency as an

entrepreneur.

Increase brand recognition, access to capital and elevate

the operational performance of fellows ventures

Increase the impact on the no of beneficiaries and the

community at large

Fellowship experience: ! Tools and Training: incl. pitching training and introduction to investors to attract

funding and intensive workshop will focus on insights and tools for accelerating and scaling innovations.

! Global & National Expertise: incl. Executive Coaching by Business Leaders and distinguished Social Entrepreneurs and Business Consulting regarding their business model, planning etc.

! Network & Civic Support: incl. Peer- learning with likeminded entrepreneurs from all over the region and visibility and profiling through Paragon website, profiling on partner websites, advertisements with our media partner and press coverage.

Fellows will commit: In order to inspire youth to take actions each fellow commits to speak at least twice during the fellowship years at schools and universities to students about their entrepreneurial experience.

Casey Wilson Wokai China Microfinance

Irfan Alam Samaan India Livelihoods

Jiban Baral Alternatives Nepal Livelihoods

Khalida Brohi PDI Pakistan Human Rights

Foundation for Youth Social Entrepreneurship (FYSE)

Foundation for Youth Social Entrepreneurship (FYSE) [mail] hello@fyse.org [tel] +852 8170 3587

! Vidhyaa M: General Manager – HR, Performance and Talent management in Orchid Chemicals and Pharmaceuticals Ltd. (India)

! Yvonne Li: Founder & CEO of Avantage Venture (China)

How to join Please email Ms Andrea Krause, Executive Director FYSE at hello@fyse.org for an application form and further information. FYSE Ms Andrea Krause [email] andrea@fyse.org [Tel] +852 8170 3587 www.fyse.org

The Foundation for Youth Social Entrepreneurship

FYSE

Ms Andrea Krause Executive Director

[Email] andrea@fyse.org [Tel] +852 8170 3587

http://www.paragon100.asia

http://www.fyse.org