Loden joins the Prince’s Youth Business International
27 April, 2010 - Nearly a year after starting the process, the Loden Entrepreneurship Programme has now become registered as a Pilot Youth Business Programme within the network of the Prince's Youth Business International (YBI). YBI is a not-for-profit organisation based in London, which leads a global network of independent initiatives helping young people start their own business and create employment. It assists young entrepreneurs who are unable to find support elsewhere, with a combination of access to capital, volunteer mentoring, and other business development services.
"YBI is delighted to welcome the Loden Entrepreneurship Programme, to the YBI Network," said Andrew Devenport, CEO of Youth Business International. "We are confident that the Loden Entrepreneurship will make a real impact on youth entrepreneurship in Bhutan and will change the lives of many. This is an exciting partnership and we very much hope that Loden Entrepreneurship Programme's association with the YBI Network proves to be of great and sustained value in developing a wonderful initiative."
"Loden is a pioneer in fostering an entrepreneurship culture in Bhutan and will benefit enormously from the experience of other YBI members, especially in the region," said LEP's director Gerard Tardy. Through the membership, Loden will have access to the YBI methodology, technical assistance, knowledge sharing, global best practice tools and software, participation in YBI forums and gatherings, and funding opportunities facilitated by YBI. The pilot phase will expire after 24 months before which Loden will have to apply for a fully accredited status within the network.
In the weeks preceding the registration, Sarah Mcmillan of YBI visited the Loden office in Thimphu and participated in the annual LEP training programme, which, she reported, is a good practice that other YBI programmes could adopt. She made presentations on YBI to the participants, met members of Loden Foundation and visited the project sites with the LEP team. "LEP is very well-organised and well-run programme offering quality support to aspiring young Bhutanese entrepreneurs," she said. "Its potential to support a growing number of entrepreneurs in Bhutan is significant." She recommended that the programme should plan for growth and improve its local mentoring process. She will be helping LEP develop its mentoring programme.
YBI was founded in the UK in 2000 and is one of The Prince's Charities of which HRH the Prince of Wales is President and the network spans some 40 countries. Its goal is to support 100,000 new young entrepreneurs annually by 2020, thereby create a total of more than one million jobs and make a significant contribution to the global employment challenge.
"We very much look forward to a long and successful partnership with LEP", said Hoang Anh Thi Le, who provides operational support to YBI's pilot members. Loden will be participating in a YBI forum in Mexico later this year and learning to make optimal use of the tools, services and networking opportunities provided by YBI.
"YBI is delighted to welcome the Loden Entrepreneurship Programme, to the YBI Network," said Andrew Devenport, CEO of Youth Business International. "We are confident that the Loden Entrepreneurship will make a real impact on youth entrepreneurship in Bhutan and will change the lives of many. This is an exciting partnership and we very much hope that Loden Entrepreneurship Programme's association with the YBI Network proves to be of great and sustained value in developing a wonderful initiative."
"Loden is a pioneer in fostering an entrepreneurship culture in Bhutan and will benefit enormously from the experience of other YBI members, especially in the region," said LEP's director Gerard Tardy. Through the membership, Loden will have access to the YBI methodology, technical assistance, knowledge sharing, global best practice tools and software, participation in YBI forums and gatherings, and funding opportunities facilitated by YBI. The pilot phase will expire after 24 months before which Loden will have to apply for a fully accredited status within the network.
In the weeks preceding the registration, Sarah Mcmillan of YBI visited the Loden office in Thimphu and participated in the annual LEP training programme, which, she reported, is a good practice that other YBI programmes could adopt. She made presentations on YBI to the participants, met members of Loden Foundation and visited the project sites with the LEP team. "LEP is very well-organised and well-run programme offering quality support to aspiring young Bhutanese entrepreneurs," she said. "Its potential to support a growing number of entrepreneurs in Bhutan is significant." She recommended that the programme should plan for growth and improve its local mentoring process. She will be helping LEP develop its mentoring programme.
YBI was founded in the UK in 2000 and is one of The Prince's Charities of which HRH the Prince of Wales is President and the network spans some 40 countries. Its goal is to support 100,000 new young entrepreneurs annually by 2020, thereby create a total of more than one million jobs and make a significant contribution to the global employment challenge.
"We very much look forward to a long and successful partnership with LEP", said Hoang Anh Thi Le, who provides operational support to YBI's pilot members. Loden will be participating in a YBI forum in Mexico later this year and learning to make optimal use of the tools, services and networking opportunities provided by YBI.