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model for the development of youth entrepreneurship. Even the financial institutions endorsed such a model.
Another milestone was reached when American Insurance Group (AIG), one of the leading multinational banks
came forward to lend support to BYST's programme in Hyderabad. The programme similar to Delhi, Chennai and
Pune was launched in 1998. CII, Hyderabad provided the infrastructure and managerial support. Presently BYST Hyderabad is operating from:
Address: Bharatiya Yuva Shakti Trust, C/O Confederation of Indian Industry, H.No. 1-11-252/9, Plot No. 7, Regal
House
Motilal Nehru Nagar, Begumpet, Hyderabad - 500 016, Telephone: (040) 27765774, Telefax: (040) 27765889
e-mail: byst.hyd@cii.in, Contact Person: Mr. Ashish e-mail: byst.hyd@cii.in and bysthyd@hd2.dot.net.in
Contact Person: Sachin Adsare
BYST was officially launched in 1992 by HRH Prince Charles and expanded its operations to six major regions of
India. Out of these six regions four of them (Delhi, Chennai, Pune and Hyderabad) run the urban programme while
two regions run the rural programme (Rural Haryana and Rural Maharashtra).
Head Office
Address: Bharatiya Yuva Shakti Trust (BYST), C/o, Confederation of Indian Industry (CII),
Core 4A, 4th Floor India Habitat Centre, Lodi Road, New Delhi - 110 003, Tel: (011) 24693079/ CII Board Line-01124682230-35, Ext 316,318,310 Telefax: (011) 24682226
e-mail: byst.vpoffice@cii.in
Contact
Person: Mr. Rajat Sharma
Who does BYST help?
BYST is keen on working with young people in the age group of 18 - 35, who are either unemployed or
underemployed. We invite individuals with sound imaginative business ideas, along with the will and determination
to succeed.
Who's backing BYST?Founding chairman: Late JRD Tata
Chairman & Managing Director: Mr. Rahul Bajaj
Objectives: To empower young dynamic micro-entrepreneurs, who are disadvantaged and integrate them into the
economic mainstream. To be a role model, nationally and internationally, for mentoring and nurturing small start
up businesses through the active involvement of the corporate sector.
To be in the forefront of entrepreneurship development for the underprivileged youth and create
employment opportunities for others and thus contribute to national development.
Develop and nurture qualities of initiative, motivation and enterprise among young entrepreneurs of India.
Support self-employment in the manufacturing and service sectors that develop entrepreneurial skills and
create employment opportunities, thereby converting job seekers into job creators.
Provide high quality human resource inputs to the development of small enterprises through
mentors/volunteers who can provide timely advice and enterprise specific information.
Immediate objectives
To create awareness among young people and businesspersons regarding opportunities in entrepreneurship
as a means to achieving sustainability for national development.
To finance & support young entrepreneurs for their development.
At BYST, we want to help the disadvantaged youth through a whole new philosophy of Guru-Shishya Parampara
(Mentor-Mentee Tradition). We extend support through a combination of money and mentor, thereby giving total
assistance to disadvantaged youths who wish to set up, or develop, their own business. This assistance includes
finance, professional advice, training, education and guidance till the venture takes off. It is "people helping
people" - which is what BYST is all about.
Aspirations: Over the past couple of years, the success of BYST's regional programmes has generated a lot of
demand at the grassroot level for BYST's entrepreneurship model. The private sector is playing an ever-increasing
role along with the Government and civil society groups, in addressing unemployment issues. Hence there is a
growing demand for BYST type of models from the private sectors as well. Large-scale companies such as TISCO,
Dempo Group, Shell, etc. have exhibited considerable interest. During his visit to BYST - Hyderabad in March 2001,
the United Nations Secretary General, Mr. Kofi Annan said that he was delighted to see the key role being played by
the Indian private sector in BYST's mentoring programme. He asked whether Africa could apply this model and was
interested in seeing this concept spread to other parts of the world. This attests to the measure of interest in
mentoring at all levels and in all countries. BYST is keen to see it's model benefit young entrepreneurs both in India
and world-wide. The pressure on BYST to help more young people in India and to extend the mentoring model to
other developing countries is increasing.
Future Plans:
In India, over the next five years BYST plans to increase the number of regions served from six to
twelve, which will substantially increase the number of young entrepreneur supported from 700 to 2000. These in
turn will employ more than 6500 people. On the global front BYST is working with Youth Business International (YBI),
International Labour Organisation (ILO) and other like-minded organisations to help more than forty countries
currently implementing youth enterprise programmes.
Putting these plans into practice poses certain challenges: keeping the quality up while expanding geographically
and supporting an ever growing number of entrepreneurs; obtaining large scale continuous support from the
business community; providing effective and flexible training to business volunteers and sustaining the programme
over a period of time. Perhaps, BYST's on-line mentor training and other internet driven mentoring programmes
around the world could help in scaling up and in building a global community of mentors for benchmarking and
sharing best practices. Across the globe, the mentoring movement is gathering momentum rapidly. Business
mentoring is emerging as a cornerstone for developing young entrepreneurs. Capturing the spirit of business
volunteers the legendary Indian corporate captain, Mr. JRD Tata said, "no success or achievement is worth while
unless it serves the needs and interests of the country and its people".
Frequently asked questions by Budding Entrepreneurs:
Q. How can I share my idea with BYST? (I have not understood question)
A.
If you want to share your idea with BYST and are keen to set up your own business, please do contact us at
the addresses given.
Q. How can BYST help me? What support does BYST provide?
A.
If you are falling in the criteria led down by BYST then BYST can support you with:
Loans to start or expand business to the extent of Rs 50 lacs at low interest rates
Need based, business management training programs & exposure to latest business trends.
Based on your city of residence, you can either write a mail to the concerned official at BYST or call them to
take an appointment to discuss and take the proposal further.
You can send a mail to the BYST Admin and the concerned person will contact you at the earliest or you can
speak to one of our officers at our Head office in Delhi.
Resident of Delhi, Haryana, Chennai, Kancheepuram, Hyderabad, Pune and near by rural areas, Purandar
Taluka, Haveli Taluka, Shirval Taluka, Baramati Taluka, Daund Taluka
A.
Any business which is either in field of Manufacturing or Service Industry can be supported by BYST. For
example: Businesses like plastic molding, engineering works, IT business, doll making, readymade
garments, 2 or 4 wheeler repairing garage, handicraft, herbal products etc. We do not encourage
businesses that are trading in nature.
One should be having the business idea for starting a business and /or for expansion for business with
relevant experience to run it.
Q. What support can I get if I do not belong to present operational areas of BYST?
A.
If you are not in our operational area, it will not be possible for us to support you directly. However, we can
refer you to our mentors and if they are interested to mentor you, we will inform you regarding the same.
A.
A.
BYST is a not for profit organisation committed to promoting entrepreneurship development. BYST not only
provides funding at very low interest rates, but it provides mentoring and end-to-end support system to
ensure success of the upcoming entrepreneurs. BYSTs aim is to help entrepreneur create employment and
wealth for those supported by them.
We conduct our evaluations in the third week of every month and would be able to process it in a months
time provided we get the applications in time for the evaluations.
You can get in touch with BYST local office (near your city) regarding your interest in becoming a mentor.
BYST staff then will send you the registration form, which you should fill in and send back along with your
brief profile and passport photo. BYST committee will respond on your request within time period of 15 to
30 days.
A.
Refer potential and deserving entrepreneurs to BYST to get supported by this model.
A.
2 hours in a month
A professional with experience in business and a willingness to contribute back to the society.
A.
No
There is a Mentor Online Training Program (MOL), which all the new mentors have to go through, which
helps them in understanding the mentoring in BYST. Each new mentor is given one senior mentor as a
buddy mentor, who helps him to learn more on mentoring.
Self Satisfaction
Networking
A.
What are the ways in which I can offer my services as a mentor if I do not belong to the present operational
areas of BYST?
Training programs for BYST entrepreneurs (if you can travel to the city of operation)
Donation
If you are falling in the criteria led down by BYST then BYST can support you with:
Loans to start or expand business to the extent of Rs 50 lacs at low interest rates
Need based, business management training programs & exposure to latest business trends.
A.
A.
Resident of Delhi, Haryana, Chennai, Kancheepuram, Hyderabad, Pune and near by rural areas, Purandar
Taluka, Haveli Taluka, Shirval Taluka, Baramati Taluka, Daund Taluka
A.
A.
Yes
Can call and/or write to us with your area of interest and the scope of work
http://www.bystonline.org/byst/faqs.html
Career@ BYST:
At Bharatiya Yuva Shakti Trust (BYST), our high achieving staff is dedicated to a variety of youth
development causes, all of us are committed to excellence. We are always looking for the brightest talent to join
us. With six offices spread around the country, BYST is a role model in developing youth entrepreneurship for other
developing countries around the world and we are spreading our wings and expanding fast. BYST fosters the
entrepreneurial dreams of the young people in India, It has built up strong partnerships with the Private Sector,
Grass root organizations and the Government, with its decade of experience.
BYST: Bharatiya Yuva Shakti Trust (BYST) is a non-profit that primarily assists disadvantaged Indian youth to
develop business ideas into viable enterprises under the guidance of a mentor, the main idea being assisting job
seekers become job creators. The programs include supporting young underprivileged entrepreneurs by
supplementing financing of up to Rs. 50,00,000 with training, support, monitoring, mentoring and networking. The
young entrepreneurs are nurtured till they reach a level where not only are they self-sufficient, but they in turn
make a valuable contribution to society through creating wealth and employment.
BYST has supported over 1885 entrepreneurs in 7 urban and rural regions around the country, viz., Delhi, Chennai,
Rural Haryana, Pune, Hyderabad & Rural Maharashtra, Rural TamilNadu creating direct & indirect employment for
about 20000 people. Internationally BYST is a founding member of Youth Business International (YBI) and plays an
important role is assisting similar trusts around Asia and Africa.