September 3, 2008

MyC4 competition

Presentation for MyC4 and YMEA

September 3, 2008 Titel van de presentatie 2

Objectives• Involvement from Young Ministry of

Economic Affairs (YMEA) in development countries

• Awareness of difficulties in handling different objectives (profit and CSR objectives)

• Show financing African entrepeneurs can be fun

September 3, 2008 Titel van de presentatie 3

Rules• Most points win

• Points can be earned each month and at the end of the competition

• Monthly points:– Active bid with highest interest rate of the

month– Most entrepeneurs per Euro invested– Most created jobs per Euro invested

September 3, 2008 Titel van de presentatie 4

Rules 2

• End points:– Highest rate of return– Most entrepeneurs per Euro invested– Most created jobs per Euro invested

• Special points:– First active loan– Highest invested amount– …

September 3, 2008 Titel van de presentatie 5

Rules 3• Possible distribution of points:

– 1st place 25 points– 2th place 15 points– 3th place 10 points– 4th place 5 points– 5th place 4 points– 6th place 3 points– 7th place 2 points– 8th place 1 point

September 3, 2008 Titel van de presentatie 6

Remaining questions• Teams or individuals?

• Internal nly, or external? Young Professionals or company wide?

• How to keep attention? (Monthly meetings, publish tthe – A bid takes some weeks to get activated.– Once active it takes time and scale to be able

to reinvest

September 3, 2008 Titel van de presentatie 7

Remaining questions 2

• How to collect the necessary information easily?

• How many points for each part?

• Other?