Best Ideas 2020 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.
Tynaz & Edynaz International
Explain your idea in details:
Tynaz and Edynaz International (TEI) is born out of a deep desire to give ex-convicts a chance to succeed in life post-incarceration and contribute to socio-economic development. The social system outside of prison is non-supportive for ex-convicts to achieve their lifes goals. TEI will help ex-convicts discover their entrepreneurial interest and mentor them to achieve their entrepreneurial goals. We will identify fast-growing sectors in Africa and handhold ex-convicts to build businesses along the value chains of these sectors. Agriculture/agribusiness will be a priority. The objectives of TEI include: -To launch an ex-convict enterprise development program for ex-convicts in Africa -To introduce psychology-based entrepreneurship for ex-convicts as an innovative approach to optimize the success of ex-convict businesses -To mentor and develop great ex-convict businesses -To curb the rate of recidivism. The tendency to go back to ones crime is high if the person cannot find his life. -To contribute to reduce inmate depression as they hope for a better life after prison. The research says that prisoners normally worry about future livelihoods during lonely hours in their cells and this often causes depression and serious breaches of discipline. Our innovative tool for this assignment is dubbed Ex-convicts Enterprise Development Program (Ex-EDP). This comprises Ex-convict Entrepreneurship School, Ex-Business Tour, Ex-convicts Business Development Services (EX-BDS), and Ex-Skills. We believe that our approach is an innovative methodology. The concept of rehabilitation of ex-concepts through vocational education has yielded results far below expected. Most prisons dont have records of activities of discharged prisoners and therefore have no way of giving them comprehensive help. Moreover, a significant number of inmates were unemployed before their conviction and the vocation is not chosen in relation to past experience or self-discovery.
Expected impact of your idea on sustainable development
Tynaz and Edynaz plans to reach 50 ex-convicts within two years of operation. This will comprise two cohorts of 25 ex-convicts each. It is expected that each of the 50 businesses will generate an average employment 15 permanent staff and 100 casual workers for each business. This means Tynaz and Edynaz will create employment for 750 permanent staff and 5000 casual workers within two years of operation. It is our plan that each of these business will generate US$100,000 revenue within two years. Thus the program will celebrate its second year with a combine revenue of US$5 million. The program targets of our 10-year ambitious plan is as follows: - Number of countries to cover 5 - Number of ex-convicts beneficiaries 2,500 .i.e. an average of 50 ex-convicts per country per year - Number of Permanent jobs to be created 37,500 i.e. average of 15 staff per each business - Number of casual workers 250,000 i.e. average of 100 workers per each business - Total revenue to be generated US$ 2.5 billion i.e. average of US$100,000 per each business per year - Reduce recidivism by 90% in countries of operation
Plans for implementation and sustainability
Tynaz & Edynaz will deploy an innovative business model to maximize the success of the program. This will be a psychology-based entrepreneurship program rather than merely imparting skills for running business. Our business model (Ex-EDP) comprises four phases: 1. Ex-convict Entrepreneurship School - This is a psychology-based entrepreneurship training workshop aimed at imparting behavioral competences unto participants. TEI believes that successful ex-convict entrepreneurship starts with behavior transformation to attain change of mindset. Thus, this workshop will be a critical factor to the success of Ex-EDP. We will collaborate with existing psychology-based entrepreneurship training programs such as the Personal Initiative (PI) of the World Bank, The ETW of UNCTAD. 2. Ex-Business Tour This phase will take ex-convicts on a visit to successful businesses especially agricultural and agro processing businesses. 3. Ex-convicts Business Development Services (EX-BDS). This involves mentoring/coaching. Key activities here include feasibility, proof of concept, business planning, business registration, Seed funding, business launch, business linkage etc. 4. Ex-Skills This entails equipping ex-convicts to effectively manage their businesses. Areas of training include leadership skills, High performance team building, Creativity & Innovation, communication skills, problem-solving etc. The program will initially target ex-convicts but will progressively cover the following 1. Tynaz and Edynaz Educate, for One Village One Child Scholarship 2. TEI Orphanage 3. TEI Medical for emergencies for vulnerable people 4. TEI Empower for Urban poor Financing Sources include churches, Development Partners, corporate organizations, western celebrities etc. We will engage the Catholic Bishop Conference, Christian Council, Charismatic and Pentecostal council etc. to influence churches to donate one Sunday offerings a year to TEI. We are willing to include them as directors of TEI. An average of USD 0.5 per church member in Ghana will generate some USD7.5 million dollars a year.
Jacob is a trainer and seasoned business development professional with over 15 years of post-qualification experience in banking, automobile, people & organizational development, and SME development. I am currently the Head of Training and Business Development of Empretec Ghana Foundation. Empretec Ghana is a member of the multilateral Empretec network operating in about forty countries and coordinated by the Geneva-based United Nations Conference on Trade and Development (UNCTAD). My previous roles in other places of work include: Trainer, National Board for Small Scale Industries; Customer Advisor, Barclays Bank Ghana; Head of Business development, SDC Finance Ltd; General Manager, Business Development, J.A Plant Pool; - Executive Partner, TDI Global/My3D Development Program. My key skills include: Stakeholder Relations; Entrepreneurial flair; Coming up with ideas; Strategy Development; Project Management; Strong closing skills; Influencing skills; High energy levels; People management; Business planning; Commercial judgment; Innovative Business Sense etc. My most distinguishing quality is my willingness to make extraordinary efforts and personal sacrifice to complete a project. As a resourceful problem-solver I possess the ability to conceptualize solutions to challenging situations and maximize the success of any task. As a creative and strategic thinker from both the product and commercial perspective, I have a track record of effectively leading projects and teams of various sizes to drive the standards of performance that deliver consistent revenue growth, increases in market share, and fast market penetration. I have overseen multi-million-dollar projects within the financial and nonfinancial institutions. I hold an MBA in Project and Strategic Management from the Paris Graduate School of Management (France) and a Bachelors degree in Economics & Management from University of Ghana. I am 44 years of age. My motivation is underpinned by a desire to give ex-convicts and some of the worlds most neglected people a chance to succeed.