Youth Business China

Youth Business China (

People's Republic of China that aims to promote youth entrepreneurship. It is headquartered in Beijing

History

YBC was initiated by the

Ministry of Human Resources and Social Security, the All-China Federation of Industry and Commerce, and other agencies in November 2003; YBC is implemented by the China Youth & Children Foundation for Social Education

.

By using the tried model from Youth Business International and marshalling resources from all

mentoring, seed money, skills training and network support to young entrepreneurs, thus helps them succeed in business start-ups

.

YBC helps young people aged between 18 - 35 who are unemployed, under-employed and have a viable business idea and the passion for entrepreneurship but who lack business experience and have no access to seed money.

YBC provides young entrepreneurs with between US$4,000 to US$6,600 seed money; one to one accompanied mentoring; knowledge and know-how in running a business and access to business networks

As a non-profit programme with a

think-tank

function, YBC has been pursuing its goal to "promote entrepreneurship, enhance employability, create job opportunities, revitalise the economy, implement social responsibility and promote social harmony". YBC inspires the potential of youth and encourages them to take action.

In 2005, YBC was accredited as the best practice program by the

UN Secretary General's Youth Employment Network

Office China.