The Prince’s Youth Business International
The Prince’s Youth Business International (YBI) is an international network of programmes that help disadvantaged young people to become entrepreneurs by providing business mentoring and funds. Our network comprises 38 locally based, independent initiatives that adopt the YBI model to meet national needs and conditions.
Each local programme operates on three common principles: they support young people, typically aged between 18-30, who have a good business idea but who cannot obtain help elsewhere; they provide access to start-up funds in the form of a loan without the need for guarantees or collateral; and they provide the young entrepreneur with a volunteer business mentor and access to business networks.
Our goal is to build the size and the capabilities of the network to enable the programmes to help more young entrepreneurs start their own business.
The YBI network has helped to start over 90,000 successful new businesses which in turn have provided employment to hundreds of thousands of others. In 2007 the YBI network helped over 6,300 new entrepreneurs, achieving a three-year annual growth rate of 37%.
YBI was founded in 1999 and became an independent organisation and joined The Prince's Charities in 2008.
