Best Projects 2019 features all the nominated entries submitted ‘Submit your Project’ category. All the entries consist of innovative projects run by existing enterprises in the form of businesses, NGOs or informal programs.
RUAWFD Mechanism to Promoting Better Labour Market for Youth
Explain your project in details:
Objectives: - Empowerment of youth economically as one of the social capital streams. - Provide young people with knowledge and skills that contribute to improving their performance and enable them to design, prepare and manage small income-generating projects. - Building the capacity of youth and encouraging them to participate in effective developmental roles to contribute in response and resilience to the imposed economic and social conditions by reality. Innovative Approach: I. Social fund for Development SFD will select Young (M/F) of Rural and Urban Advocates For Development RUAWFD program, to train them on entrepreneurship for 9 to 12 training days, based on criteria: 1- Characterized in the First and Second Phases of RUAWFD. 2- Qualified enough to be within RUAWFD Advanced Phase by passing entrepreneurship test. 3- Looking to be entrepreneurs. 4- Producing small projects proposals. 5- Assigning a specialized committee to evaluate all projects' proposals and select the best ones to start promoting them with Micro-Finance Institutions MFIs. II. Coordinate with Yemen Loan Guarantee Program (YLGP) to provide the required guarantees for the approved small projects without any interest rates as per their procedures, to be submitted to the available MFIs to get the required loans for that winning projects. III. Coordinate with Small and Micro-Enterprises and Promotion Services SMEPS to pay the required interest rate after MFIs' approval to fund the winning youth promoted project proposals and make a plan to follow and support youth with business advisory and finance assistance to the exceeded small projects for a year or less which will be divided into groups, each group contains of (23) small projects through qualified consultants. Then work to provide appropriate and available incentives to the best (5) projects that have proven strong success, at the level of governorate through a clear mechanism.
Impact of your enterprise on sustainable development
Impacts: This initiative came to correct some of these misconceptions among youth by encouraging them to work and invest in the small enterprises as an income source contribute to strengthen their resilience and empower them economically for achieving Goals #5 and #8 of Sustainable Development Goals (SDGs). Contribute in decreasing the average rates of poverty and unemployment among youth by creating active and diversified work opportunities and enable them become entrepreneurs. - Combine the training and financing interventions to be more effective than programs that deliver the interventions separately. - Create a participatory work between SFDs programs and institutions represented by SMEPS, YLGP, RUAWFD and MFIs to contribute in implementing a unique and pioneering experience for socio-economic development. - Capable Youth to manage time, money, and think creatively and analytically in applying new experiences that added to their accumulated experience to enhances contribution to success their small enterprises. - Economic empowerment for youth will contribute in improving the future economic and development situation and encourage them willing to participate in future socio-economic roles in their different areas. Measures to Evaluate Success: While we planned to support more than 500 youth (M/F) across the country every year and divide them to 22 groups each group will be implemented in their areas who applied the mentioned criteria as follows: - Assign two qualified consultants (M/F) with work contracts for (6 months into year) for the purpose of assisting, monitoring, supporting technically, mentoring and evaluating every 23 winners. - Choose the best (5) ones of males and females from each of the 22 governorates. 1) Through the technical and financial reports that reflect winners conditions as followed: - He/she was so hardworking. - He/she has shown an obligation in paying back loan amounts to MFIs on time. - Evaluated as one of best (5) enterprises by the assigned consultant, committee and MFIs employee. - His/her project has achieved
Sustainability and future plans
Description: Therefore, SFD seeks to expand RUAWFD youth program to contribute in providing youth work opportunities in their areas by providing them with the necessary skills, scientific and practical expertise that help them to discover economic opportunities in their areas to empower them economically and qualify them enough to engage the labor-market. The Advanced Phase of the program will include the following: Building youth capacities (male, female) on Entrepreneurship: - As it is known that Skills training and entrepreneurship promotion programs were found to have the largest impact on youth employment, especially in low-income countries . - Designing enterprise proposals, making economic feasibility study and manage them professionally. - Invest in business development and find suitable solutions for any obstacle in order to maintain and improve projects. - Establish and own small projects by linking them to MFIs and YLGP. If the programs were to help 500 youth per year to find and retain jobs or set up sustainable small businesses, we would 1) Estimate the aggregate benefits in terms of higher incomes, better health, lower crime rate etc. and 2) Compare these benefits to the overall costs of the intervention to identify not only the impact of such interventions, but also cost-effectiveness and cost-benefits of various options. The New About this Initiative: Youth will compete to: - Get entrepreneurship training course. - As a result of youths entrepreneurship training course they will develop and own small and micro-enterprises. - Access to appropriate loans without interest-free for youth small projects to be implemented in practice. - Get a technical support and continuous evaluation of their small projects. - Having sufficient experience in managing projects more effectively. - Access to effective wage subsidies. - Expect the most successful projects, including incentives schemes.
Your profile as an entrepreneur
Ramzi Saleh Al-Shaikh [email protected] [email protected] Cell Phone: +967- 777109605; Birthday:18 January 1983 Rural and Urban Advocates Working for Development (RUAWFD) Youth program manager at Social Fund for Development (SFD) with Training and Organizational Support Unit (TOSU): Responsibilities: Prepare programs training manuals, procedures manual and brochure. Develop programs strategies, policies and expand its interventions to cover all rural and urban districts with youth across Yemen. Supervise activities with TOSU project officers in SFDs main and branch offices. Coordinate activities with TOSU Project Officers in SFD branch offices. Conduct performance evaluation for all team and staff under my supervision. Supervise and follow up the programs campaign through improving its website and media. Coordinate the program orientation training and professional development needs of volunteers and advocates youth across Yemen. Developing the program levels to help youth employment and promote their labor market outcomes. Improving workplace communications at an internal and external level. Preparing the programs official reports, statistics, results, success stories to be promoted to donors. Manage RUAWFD's correspondence, official website, and its media pages. Committees: Oversees the production and distribution of the monthly newsletter produced by the program. Oversees the maintenance of RUAWFD information in the SFD MIS. Provides support for all financial matters of volunteers and advocates. Takes the lead in developing tendering documents for program activities, as per the work plan. Facilitates impact assessment and evaluation activities as required. Helping youth across my country is the big thing that motivates me along my life. If our program were to help 500 youth per year to find and retain jobs or set up sustainable small businesses, we would (1) Estimate the aggregate benefits in terms of higher incomes, better health, lower crime rate etc. and (2) Compare these benefits to the overall costs of the intervention to identify not only the impact of such interventions, but also cost-effectiveness and cost-benefits of various options. Moreover, I made my agriculture enterprise to produce tomatoes in my village.