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CITIBANK-YMCA YOUTH FOR CAUSES TAKES OFF!

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*

Important Dates

Closing date for applications

20 April 08

Selection Interview
Shortlisted teams will be notified via telephone.
3 May 08
Official Launch 31 May 08
Implementation of the Citibank Youth For Causes Programme 1 June -
21 Sept 08
Submission of once-in-three-weeks
Progress Reports by project teams
23 June 08
14 July 08
4 Aug 08
25 Aug 08
Submission of all project teams’ Final Reports and Income & Expenditure Statements 28 Sept 08
Awards Interview 4 Oct 08
Awards Ceremony Nov 08
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