FOR SOCIAL BUSINESSES
We offer an intense, rapid, and immersive education to accelerate the life cycle of innovative social businesses.
YY Goshti’s home grown social business incubation methodology creates direct interaction between experienced mentors and real-life office situation – so that the right kind of help is provided to the incubatees and the entrepreneurs can grow exponentially. Incubatees are provided with mentorship, workspace, business services, graphic and web solutions, accounting and legal counselling and seed funding.
HOW WE HELP
1. WORLD CLASS TRAINING
YY Goshti creates a space for promising startups to accelerate their business to the next level. The participants can draw guidelines and construct their business idea in the presence of world reputed business trainer. Our boot camp prepares the participants with different aspects of launching a successful business
One of the key benefits that we offer to our incubatees is tailored mentoring. We structure mentoring hours based on the needs of startups and the founders. In partnership with our supporters and network, we bring seasoned professionals and entrepreneurs from around the world to mentor our incubatees.
3. INVESTOR NETWORK
Dozens of local and international investors including Grameen Telecom Trust Social Business Fund, Bangladesh Venture Capital Ltd, Truvalu.Enterprises etc have worked with us in the past few years. You will get to contact them through different events and major introductions.
4. OFFICE SPACE
Currently, YY Goshti is running two coworking spaces in Dhaka. In just one year YY Goshti Cowork has become one of the fastest growing coworking spaces in Bangladesh. Our spaces come with high-speed internet, furnished dedicated space and great community events and you get to work here for free or at a subsidized cost.
5. BUSINESS SERVICE
YY Goshti design team specializes in creating strong brand identity, websites, and marketing collateral. Our partner organizations offer pro-bono legal and accounting support and we get access to new business opportunities with their help.
6. SEED CAPITAL
We provide early stage funding from pre-seed to seed towards finding a repeatable and sustainable business model. When our startups reach scale up stage we work closely with social business funds and impact investors to help them grow.
The program is best suited to entrepreneurs that have identified a solution
to a social problem and are looking forward to startup.
Legal status of business:
The program has primarily been designed for the needs of social businesses; however, non-profits, for-profits, co-operatives, and community contribution businesses are all eligible as long as they serve the purpose and they incorporate a sustainable revenue model.
Stage of ventures:
The program is geared towards those at an early stage of development, who have an idea they are willing to invest in. Ideally, applicants have completed some measure of feasibility assessment and can see themselves moving to launch in 4-6 months. Those who have already launched but need support to refine their business plan and scale up operations are also encouraged to apply.
SEE WHAT OUR ALUMNI'S SAY ABOUT OUR PROGRAM