Youth take advantage to work with experienced Business Coaches. Participants are assigned a Business Coach, who will
1) support them to identify their strengths and attributes
2) evaluate their issues
3) make referrals to appropriate resources
4) provide guidance, and
5) act as a resource personBusiness Coaches support and monitor participants’ progress and motivates them to complete activities to widen their knowledge, expand their social and business connections, and learn from communication and interaction with successful entrepreneurs.
Mentoring is an on-going supplementary mechanism to support participants who require industry-specific guidance beyond business coaching, workshops, and other program activities. Priority for business mentoring is provided to participants who have a solid business concept and are close to completing their business plan.
Networking session focuses on a theme and features a guest speaker such as an industry/trade specialist or a business owner/self-employed individual. Participants develop new business connections and gain knowledge from the guest speaker.
Workshops enhance participants’ business skills and knowledge to support them to gain self-employment and/or operate a business. Each workshop emphasizes a practical approach to ensure participants are able to apply the knowledge and skills gained. Participants are required to attend the Business Plan Writing Workshop.
|Business Plan Writing|
Business Plan Development begins when participants commence the program. The biggest hurdle for youth in starting a business is lack of financing. One of the goals for participants to learn to develop a business plan is to successfully obtain financing and implement their business.
The Business Coach monitors participants’ progress, encourages them to maintain their momentum, and provides on-going advice and feedback. The Business Coach works with the participant to identify and address information gaps during business plan development.
|Business Study visits|
During these visits, participants observe the business environment, ask direct questions, and learn about the challenges and success factors of operating a business.