Have a great business idea? Want to help a Non Profit Organisation with the money earned?
Be a Social Entrepreneur!
Piloted in 2003 to commemorate the centennial celebrations of both Citibank and YMCA in Singapore, the Citibank-YMCA Youth For Causes programme has proven to be a runaway success. It has since grown from strength to strength, receiving prestigious endorsement on a national level by President S R Nathan as an event of President’s Challenge 2008. The Citi Foundation has quadrupled its ‘seed funding’ for the programme to S$160,000, up from S$40,000 during its pilot run in 2003. The programme is reinforced by a mentorship initiative, where project teams are guided by working professionals from Citibank and YMCA of Singapore.
This year, we have added 2 new dimensions to the programme:- (a) Encouraging projects which promotes sustainable development, e.g. projects that helps Non Profit Organisations which are supporting environmental causes and (b) seed funding will be given out via a tier system as shown below:
Tier 1 - $1,600 for 95 teams
Tier 2 - $5,000 for 5 teams* (Terms & Conditions apply)