YY Goshthi is a Social Business incubation program by YY Ventures that helps socially & environmentally conscious entrepreneurs to launch their minimum viable product and raise the needed seed capital.
YY Goshthi was created in 2016 as the first Social Business incubation program in Bangladesh that offers rapid, intense, and immersive education to early-stage Social Businesses. As the prime Social Business incubation program in Bangladesh YY Goshthi’s goal is to support young social entrepreneurs while they transform their communities by building Social Businesses.
They are on the lookout for social businesses who are changing their communities. Through the Incubation Program, their mission is to recognize and support 10 early-stage social business entrepreneurs to launch their minimum viable product and raise the needed seed capital.
Benefits
- World-Class Training
YY Goshthi creates a space for promising entrepreneurs to accelerate their business to the next level. The participants can draw guidelines and construct their business idea in the presence of world reputed business trainers. The boot camp prepares the participants with different aspects of launching a successful business.
- Tailor-Made Consultation Support
One of the key benefits that they offer to the incubates is need based consultation support. They structure consultation hours based on the needs of the founders. In partnership with their supporters and network, they bring seasoned professionals, coaches and entrepreneurs from around the world to mentor the incubates.
- Investor Network
Each cohort they offer pre-seed investment up to BDT 1.0- 1.5 million to top incubates and work with dozens of local and international investors and angels. They become partners with their incubates and help them negotiate and raise capital from investors.
- Office Space
They offer co-working space facility to the incubates at Impact Hub Dhaka, one of the world’s largest networks focused on building entrepreneurial communities for impact scale, which brings together entrepreneurs, enablers, young talents and professionals from all across Bangladesh to create a vibrant community. For the first four months, the incubates are able to avail workspace without any expense.
- Pro-Bono Business Support Services
Their sister organization, YY Studio specializes in creating strong brand identity, websites, and marketing collateral. As part of the incubation program, YY Studio offers business support services to the incubates pro-bono or at a minimum expense. Their partner organizations offer pro-bono legal and accounting support and we get access to new business opportunities with their help.
Community
Get connected to our thriving community of compassionate, creative, and committed social entrepreneurs who aim to achieve collective progress through collaboration and exchange. Their community promotes a responsible and sustainable corporate culture and offers events, meetings, and activities that promote sustainability and entrepreneurship.
Eligibilities
If you are a social entrepreneur and has a social business in either of the following stages:
- Idea Stage or,
- Feasibility stage or,
- Growth/Expansion stage
- If you have a team of at least two co-founders (If you do not have a co-founder now, please add someone from your core team who will be committing to the incubation program.)
- At lease one female co-founder or one female member in your core team.
For further information, please click the "LINK TO ORIGINAL" button below.