In addition, through YAS!, the host will be required to run and manage a minimum of US$200,000.00 (Two Hundred Thousand US Dollars) worth of Ecosystem and African Youth Entrepreneurship challenges for UNDP. This US$200,000.00 is over and above the US$160,000.00 UNDP seed funding, or any other resources that the host will generate and mobilize for challenges on YAS!. These funds will be disbursed by UNDP directly to the winning enterprises and ecosystem support initiatives, under the auspices of the systems and procedures for awardee eligibility & selection criteria to be developed by UNDP and the innovator/YAS! host (see the ToRs: Considerations for Preparing the Sustainability Plans).
More info: http://www.undp.org/content/undp/en/home/ourwork/funding/partners/private_sector/AFIM/youth-portal-open-innovation-challenge.html
Submit your operational and financial sustainability plan no later than 31 May 2017
