Be a YBS Entrepreneur


THE APPLICATION PROCESS

THE APPLICATION PROCESS

Application Process


APPLICATION FORM

APPLICATION FORM

Each applicant must start by completing and submitting the Application Form. The application form requires contact and employment details, personal financial details and an executive summary of the applicant’s business idea. 

For interested applicant, please download and fill up the application form and mail it to: 

Attn: Youth Business Singapore 
Application (Entrepreneur) 
*SCAPE Building 
2 Orchard Link #05-07A 
Singapore 237978 

BUSINESS APPLICATION

BUSINESS APPLICATION

If you are shortlisted, you will be invited to present your business concept. 

BUSINESS PLAN

BUSINESS PLAN

YBS will consider the feasibility of the applicant’s business idea based on the submitted executive summary in the application form (Annex A) and contact him/her within one week for a business presentation before he/she proceeds to fill up a detailed business plan. 

The Guided Business Plan (Annex B) is designed in such a way to give applicants a realistic picture of the issues to be considered when starting or growing a successful business. We encourage all applicants to take the time to consider each selection in detail when completing the forms. 

The Guided Business Plan template requires the following details. Some research is necessary in order to answer the questions in the respective fields. 

  • Section 1: Business Project Management  

  • Section 2: Executive Summary & Project description 

  • Section 3: Business Market analysis 

  • Section 4: Business Marketing and sales 

  • Section 5: Assets 

  • Section 6: Financial Details 

Once the applicant has gone through the business presentation, the guided business plan will be sent. The applicant will have to fill up the guided business plan to the best of your ability within 2 weeks after we have contacted you. The checklists together with the necessary documents and mail it to: 

Attn: Youth Business Singapore 
Business Plan 
*SCAPE Building 
2 Orchard Link #05-07A 
Singapore 237978

ASSESSMENT COMMITTEE

ASSESSMENT COMMITTEE

Once YBS has received the business plan and assessed its feasibility, we will send the applicant’s business plan and application form to our selection panel. The assessment committee may request for a second round of business presentation. The assessment committee will 

  • assess the strengths of the applicant’s business plan and financial projects;
  • assess the amount of loan to be given and/or mentorship for the applicants.

The decision will be made within 3 months from the day of submission of documents to the selection panel and the applicant will be notified by emails or phone calls regarding the outcome of his/her application.

Upon successful application, you will become a YBS entrepreneur, receive up to $30,000 business loan and/or be entitled to mentoring, networking opportunities from YBS and pro-bono legal assistance.  Successful applicants will be required to sign a commitment letter with YBS and abide by all Terms & Conditions as declared personally in the application form.

TIMELINE

TIMELINE

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