YSEC Social Finance Chain :
Canada’s First for Youth, by
Youth Social Entrepreneurship Fund
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How It Works
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$1000 from YSEC
$1000 to youth driven social enterprise, selected on March 25th
from a pitch competition
As an interest free loan…
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That social organization
implements a program that
a) has social impact, and
b) makes the $1,000 back + profit
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They keep the profit
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And then, they choose 2 other
youth driven social enterprises
And give these two organizations $500 each, as an interest free loan.
$500 $500
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So that both organizations receive $1,000 each, as an interest free
loan.
$500 $500
YSEC invests a further $500
to each of these organizations
$500 $500
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Those two organizations each
create a program that makes
$1,000 + profit
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They keep the profit
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They then choose 1 youth
driven social enterprise, and
each invest $1,000 in the
organization
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For a total of $2,000, as an
interest free loan
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So what does this look like?
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$1,000
$1,000
$500 $500$500 $500
$2,000
$1,000 $1,000$500 $500
$3,000
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YSEC throws $1,000 into the pot
Project A gets that $1,000
Two new projects, B and C get
$500 from Project A, and another
$500 each from YSEC
One new project, Project D gets
all $1,000 from Project B and C
Project D gives $1,000 each to
two new projects, Project E and
F. YSEC gives each project
another $500 each.
One new project, Project G gets
all $3,000 from Project E and F
A
B C
D
E F
G
The Details
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Eligibility
• 17-29 years old
• Have a revenue generating idea for social
impact
• Be a YSEC Member
– (Memberships are cheap and entitle you to
free stuff!)
• Fill out an application form!!
(Don’t worry, you can apply to this fund
multiple times)
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Application Deadline
February 17th, 2010.
E-mail completed applications to
Five successful applicants will be
invited via e-mail by March 1 to
participate in YSEC’s Pitch
Competition on March 25th.
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On March 25th, 2010 YSEC will
announce the first winner of
the YSEC Accordion. The
winner will be given a cheque
for $1,000 to start their social
enterprise idea.
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The winner gets:
• $1,000 as a loan to launch their
idea
• Free marketing! Through YSEC’s
network
• To make history as the first recipient
of YSEC’s Social Finance Chain
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