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EmpowerHer & Youth Enterprise Accelerator Program (EYEA)
Program Overview
The EmpowerHer & Youth Enterprise Accelerator (EYEA) program, initiated by the Community for Better Life, is a transformative initiative designed to foster entrepreneurship and empower women and youth in underserved communities. Recognizing the pivotal role of these groups in driving economic growth and social progress, the EYEA program provides comprehensive support to enable them to establish and scale sustainable enterprises.
Download the EYEA program overview
Background
Many women and youth possess innovative ideas and entrepreneurial spirit but face significant barriers, including limited access to funding, mentorship, and business development resources. The EYEA program addresses these challenges by creating an inclusive ecosystem that promotes entrepreneurship and equips participants with the necessary skills and resources to succeed.
Objectives
The primary objectives of the EYEA program are to:
- Empower: Provide women and youth with the knowledge, skills, and confidence to launch and manage successful businesses.
- Accelerate: Accelerate the growth of early-stage enterprises through targeted training, mentorship, and access to capital.
- Connect: Connect participants with a network of mentors, investors, and industry experts.
- Sustain: Foster sustainable economic development and create long-term opportunities within communities.
Core Components
- Training Workshops
- Mentorship Program
- Seed Funding
- Networking Events
- Business Plan Competition
The EYEA program incorporates several key components:
- Training Workshops: Intensive workshops covering essential business topics, such as business planning, financial management, marketing, and sales.
- Mentorship Program: Pairing participants with experienced entrepreneurs and industry leaders who provide guidance and support.
- Seed Funding: Providing seed funding to promising startups to help them launch and scale their businesses.
- Networking Events: Facilitating networking events to connect participants with potential investors, partners, and customers.
- Business Plan Competition: A business plan competition where participants can pitch their ideas to a panel of judges and compete for additional funding and resources.
Expected Outcomes
The EYEA program is expected to achieve the following outcomes:
- Increased number of women- and youth-owned businesses.
- Improved business performance and profitability.
- Enhanced access to funding and markets.
- Creation of new jobs and economic opportunities.
- Stronger and more resilient communities.
Summary
The EmpowerHer & Youth Enterprise Accelerator program is a comprehensive initiative designed to empower women and youth in underserved communities. By providing access to training, mentorship, seed funding, and networking opportunities, the EYEA program aims to foster entrepreneurship, drive economic growth, and create sustainable opportunities for participants and their communities. This program is a step towards a better future for all.