Young Entrepreneurs Stepping Up Program (YESUP)

Last program March 2009.

The BEC acknowledges that young people with entrepreneurial mind sets often create imaginative and innovative businesses that over the years become extremely successful.   It also acknowledges that young Business people often prefer to learn with their peers while also benefiting from the support of a wise and experienced mentor.

The March 2009 YESUP will be delivered by The Frank Team in partnership with the BEC and DSRD.

Eligibility Criteria

Participant must meet the following criteria:

• Be aged 18-35 years.
• Be the current owner of a small business.
• Have operated a small business for at least one year.
• Be able to identify a business goal or hurdle suitable of being addressed through this Program.
• Be prepared to commit to the implementation of the outcome of the Program.
• Be prepared to respond to DSRD monitoring and, after the project has been completed, co-operate with promotion opportunities for the Program following participation.

Limited to 16 participants only.

Program Content

The Young Entrepreneurs Stepping Up Program consists of two core components:  workshops and business mentoring assistance and typically runs from 6 to 8 weeks.

• business skills workshops (10 - 12 hours);
• one-on-one mentoring meetings (8 -10 hours).

Each workshop is delivered by an experienced professional and provides an environment in which to strategically evaluate and plan your business growth.

This YESUP will focus on setting up systems for the Lifecycle Marketing in your business. You can learn more about this by checking out: http://www.frankteam.com.au/entrepreneur/marketing-systemise-program-sutherland.html

One on One Mentoring

Each mentor is matched with a mentoree and gives between 8-10 (depending on the needs of the individual) hours of their time throughout the mentor program. Mentors and mentorees are matched on skills sets and needs, rather than industry based. Our mentors are experienced business owners or experienced business managers and adhere to a strict code of confidentiality. Meetings of Mentors and Mentorees are flexible and set to suit the individuals.

Extra’s

The Frank Team’s YESUP doesn’t stop at the workshop series and mentoring. There are additional elements included to develop the whole young entrepreneur. This include things like legal workshops, self-coaching sessions, roundtable discussions and more. Read more about it at http://www.frankteam.com.au/entrepreneur/marketing-systemise-program-sutherland.html

Benefits of the Program

Benefits are measured for each business on:

• Increased turnover
• Employment of staff
• Increased net profits
• Increased market share
• New product development
• Increase business networks and strategic alliances

Each participant's benefits will be monitored at the completion of the program, 6, 12 and 18 months after the program.

Cost

The cost is $220 (incl GST) per participant.  The NSW Government contributes a total of $1,250 per participant.

Register Your Interest

To register your interest contact The Frank Team , email info@frankteam.com.au or call 9966-4333.

Who will be running this YESUP?

The BEC is partnering with young entrepreneur specialists The Frank Team . Jessica Kiely, young entrepreneur Founder & Director of The Frank Team will be the workshop presenter and The Frank Team will be looking after you the whole way through the program and beyond.