Functions are actually open for the AU–EU Youth Motion Lab Entrepreneurship Grant, a funding alternative designed to help youth-led organisations working to strengthen financial alternatives for younger individuals throughout Africa and Europe. The grant goals to empower younger innovators and social entrepreneurs who’re constructing accountable, sustainable, and income-generating options that deal with youth unemployment and financial exclusion.
Concerning the Grant
The Entrepreneurship Grant gives as much as 30,000 euros in funding to eligible youth organisations and consortiums of youth organisations. The main focus of this funding spherical is on supporting the accountable development of youth-led social enterprises that mix social or environmental missions with sustainable income-generating actions. These grants are a part of a broader effort to assist younger individuals take management of their financial futures whereas contributing positively to their communities and the atmosphere.
Why This Issues
Younger individuals throughout Africa and Europe proceed to face obstacles to significant financial participation, together with restricted entry to related abilities, financing, and enabling enterprise environments. This grant helps youth-led options that not solely create jobs and livelihoods but additionally promote accountable enterprise development that respects social and environmental boundaries. By investing in youth-led social enterprises, the AU–EU Youth Motion Lab is strengthening native economies, fostering innovation, and supporting long-term, community-driven improvement.
What the Grant Affords
- Chosen organisations will obtain monetary help of as much as 30,000 euros to implement their proposed social enterprise initiatives.
- Past funding, grantees will profit from mentorship and tailor-made capability improvement help to strengthen organisational sustainability and impression.
- Profitable candidates may even be a part of a wider AU–EU Youth Motion Lab platform, gaining visibility and alternatives to share their options with friends, policymakers, and stakeholders throughout Africa and Europe.
Who Can Apply
- The grant is open to youth-led organisations that meet particular eligibility necessities.
- Eligible candidates should be non-profit organisations working as Trusts, Neighborhood-Primarily based Organisations, NGOs, CSOs, Cooperatives, or comparable entities with a transparent social or environmental mission. The income-generating exercise of the organisation should exist to maintain and advance this mission, not as a facet enterprise.
- Organizations should be youth-led, which means younger individuals aged 18 to 35 maintain full governance and decision-making energy and are actively concerned in designing and implementing programmes.
- All workers engaged on the proposed challenge should additionally fall inside this age vary.
- Candidates should be formally registered, have an organisational checking account, a transparent governance construction, and a minimum of 12 months of operational expertise.
- Eligible organisations should show proof of group programmes and revenue-generating actions, present measurable social or environmental impression, and reinvest income into the mission or scaling of the enterprise. Non-public shareholder revenue funds usually are not permitted.
Geographical Eligibility
Candidates should be positioned and registered in one of many 12 AU–EU Youth Motion Lab focus international locations: Ethiopia, Kenya, Mozambique, Nigeria, Senegal, Sierra Leone, Somalia (Somaliland area), Tanzania, Tunisia, Uganda, Zambia, and Zimbabwe. Proposed actions should happen in a number of of those international locations.
Eligible Actions
- Proposals can embody a mixture of actions aimed toward strengthening youth financial participation.
- These might contain growing or testing new abilities improvement curricula, scaling present abilities coaching programmes to succeed in underserved or distant youth, or strengthening collaboration between youth-led organisations, native companies, abilities suppliers, and authorities actors. Revolutionary and built-in approaches are strongly inspired.
Tips on how to Apply
organisations ought to submit their proposals by way of the official AU–EU Youth Motion Lab platform. Candidates are inspired to obviously define how their challenge helps the accountable development of youth-led social enterprises, strengthens financial alternatives for younger individuals, and delivers measurable social or environmental impression.
Apply Here
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