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Commonwealth-Asia Alliance of Young Entrepreneurs - Annual Report 2012

Commonwealth-Asia Alliance of Young Entrepreneurs - Annual Report 2012

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Published by: Dr Rahul Mirchandani on Dec 27, 2012
Copyright:Attribution Non-commercial


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Eight Nations,
one Ambition
Igniting Dreams Of Young Entrepreneurs
Proudly Supported by
Annual Report2012
IndiaSri LankaPakistanMaldivesBangladeshMalaysiaBruneiSingapore
Bangladesh Youth Leadership CenterThe Young Entrepreneur Association of BruneiConfederation of Indian Industry's Young IndiansJunior Chamber International - Petaling JayaPersatuan Usachawan Graduan Malaysia(Malaysia Graduate Entrepreneur Association)Junior Chamber International-MaldivesYoung Entrepreneurs Forum,Islamabad Chamber commerceSingapore Indian Chamber of Commerce & IndustryYoung Entrepreneurs NetworkFederation of Chambers of Commerce & Industry - Sri Lanka
Message from the
Founder President
The Commonwealth-Asia Alliance of Young Entrepreneurs (CAAYE), formed inNovember 2011, is a joint initiative of the Commonwealth Youth Programme-AsiaCenter and CII’s Young Indians. CAAYE is a ‘network of networks’ of young entrepreneursfrom India, Pakistan, Bangladesh, Singapore, Malaysia, Sri Lanka, Bangladesh, Bruneiand Maldives and the organizations that support them. We have been established tocontinually promote the cause of young entrepreneurs in our respective countries.In addition to advocating a more conducive youth entrepreneurship policy fromMember governments, CAAYE also has a host of regional, bilateral and countryspecific activities to mentor youth into entrepreneurship.In the current global environment, we believe that employment and empowerment ofyouth is one of the most crucial objectives for policy makers and government. Providing productive anddecent work to young people requires intervention at multiple levels. One imperative is to encourage youthnot only to seek jobs but also create jobs by starting their own businesses. An entire support system isrequired to encourage young people to take this risk. This support system includes not only education andtraining but also extends to ensuring fair and adequate availability of seed capital & financial access, infrastruc-ture, regulation and taxation, all of which are designed to encourage young people. Creating this eco systemis the task of each of us who are stake holders of our own economies. The objectives of our Alliance is directlyin line with this goal. As a representative of our country and its dreams and aspirations, we consider organizations of our Allianceand their membership as representatives of all aspiring young entrepreneurs. There is a worldwide concern foryouth and the Commonwealth strongly subscribes to our inclusion in the policy making process. We have theresponsibility to raise a united and constructive voice and to make actionable recommendations during ourinteractions. It is historic in several ways that we now work as an inclusive group to ensure that youth in allour nations have a voice at the table of various regional and Pan-Common Wealth Consultations and Heads ofGovernment.In addition to our advocacy work, we believe it is also crucial to action projects on the ground to create abetter entrepreneurship ecosystem. We strongly encourage meeting young, inspiring and innovative entrepre-neurs to exhibit the excellence in action across the member countries during our Interim meeting which tookplace in Kuala Lumpur, Malaysia and the flagship Annual Summit scheduled in Mumbai, India. Our ‘Pipeline Part-nership’ with the International Labour Organisation’s Youth Employment Network (YEN) for e-Coaching andMentorship of young entrepreneurs uses the YEN Marketplace platform and connect mentors with world classcoaches for developing business plans, exploring funding options and pitching their business ideas. Otherprogrammes include Blue Ocean Dialogues Innovation workshops, Ideas Labs, Young Entrepreneur Awards,Entrepreneurship Curriculum revamp for Universities, and the like.CAAYE is highly respected within the Commonwealth Secretariat as a ‘best practice Alliance’. In our first year,we have succeeded in bringing nine member organizations together with access to over 25,000 young entre-preneurs. We now have a responsibility to continually focus on building strengths of our members by workingcollectively to encourage youth enterprise, innovation, skill building and build a more conducive entrepreneur-ship enabling environment. This first year heralds the beginning of a long journey of working together as cata-lysts and champions of youth enterprise in the true spirit of partnership and Regional cooperation.Dr Rahul MirchandaniFounder PresidentCommonwealth-Asia Alliance of Young Entrepreneurs

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