Best Ideas 2019 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
Young Malagasy Entrepreneurship Center
Explain your idea in details:
The main purpose of the center is to orient and support young Malagasy who desire to run a business because the main problem is that they do not know what to do or how to do in order to start and to develop a business. So, the center combines some services targeted for solving that problem. As a matter of fact, with its library, the center makes books related to entrepreneurship available to its members so that those latter can gain and enrich their knowledge in the field. In addition, the center has a Department which orients youth when it comes to choosing their professional career, the higher education that suits the achievement of their goal, and the universities or Institution where they should pursue their studies because, in Madagascar, young people lack orientation and often make mistakes in their choice of professional career and the field of studies to pursue. Moreover, due to the creation of numerous private universities which mostly aim to earn money than to provide good education, Malagasy Educational System is worse and worse. Apart from that, the center organizes sharing opportunities sessions to inform its members about scholarships, fellowships or competition in the field of business establishment for youth from Low and Middle Income to have a chance to access higher education or to be granted financial support. The center also organizes motivational talks and success stories sessions in order to boost youth motivation. What is more, the center also supports and orients its members through the process of a company's creation and development by informing them about the creation of companies process and by providing them with training. On the other side, not only does the center ensure meeting between talents and Investors, but it also has its own entrepreneurship magazine.
Expected impact of your idea on sustainable development
This center directly impacts the rate of creation of companies. Accordingly, it allows creation of jobs and decreases the rate of unemployment. Thus, it contributes to the decrease of poverty rate, and improve Madagascar's economic situation because the more jobs are created, the lower the unemployment rate will be. And the more people work, the more people get a decent life.
Plans for implementation and sustainability
I am planning to raise funds, to send calls for partnerships to Ministries, the government, International funders, and foreign and national Universities in order to implement the center. Actually, I already have some events in mind that will be used to raise funds twice or more a year. Members fees will be also part of Income that will contribute to the center's charges. Apart from that, the entrepreneurship magazine will be sold to the public, so I expect to earn some money from that.
I am a 26 years old young Malagasy woman who studied Business Administration and got specialized in International trade. Working as an International Purchaser, my main objective in life is to bring my contribution to the development of my beloved country Madagascar through the promotion of entrepreneurship and International trade because I am strongly convinced that the private sector is the pillar of development. That is the reason why I have decided to join an association named International Youth Society, which has the main vision as mine, and within which I take in charge Financial matters, search for partnership and Financial support.