Our Model

YGAP finds, accelerates, supports and grows early stage ventures run by local leaders with solutions to poverty in their communities through its accelerator program.

This means an impact entrepreneur is running a venture that creates jobs, builds better homes or improves access to education or healthcare services for people living in poverty.

We start by finding the best local leaders running early stage ventures addressing one or more major root causes of poverty. We cast our net far and wide, reaching out to discover untapped potential. We receive hundreds of applications for each intake and select a group of the most promising ventures to enter the accelerate phase.

Those selected enter a five-day intensive live-in accelerator where they receive expert advice and panel beat their business models to scale their ventures. By the final day of the accelerator, we have equipped our local leaders with the skills required to pitch their ventures for additional support.

For a year following the accelerator, each of our impact entrepreneurs enters the support phase of our program. Here, we provide them with ongoing strategic advice, pro bono legal advice, marketing support and small financial grants for them to test ideas or overcome obstacles. In this phase, we are committed to ensuring all of our local leaders can overcome adversity and reach their full potential.

The final phase of our program is called the growth phase. This is where we select our most successful impact entrepreneurs having the greatest impact on their communities to receive larger financial grants of up to $25,000. In the growth phase, we give our impact entrepreneurs the funding they need to flourish and mature into sophisticated, sustainable enterprises that can uphold communities.

How we measure our impact

At YGAP, we believe impacting a life means more than giving a child a book. It means providing that child with a quality education and enabling them to attend university and reach their full potential.

We rigorously measure our entrepreneurs’ impact using the IRIS catalogue by the Global Impact Investing Network.

We collect data from our entrepreneurs and figure out which IRIS metrics align with the outcomes they are creating. Usually we limit it to the two most significant outcomes emerging from their work.

We manage this information in a database with their impact before they started working with us, the IRIS metrics we are helping them track and their latest numbers.

Every three months our entrepreneurs fill in an online form with their latest impact numbers, or our local country Directors call or visit them to collect these numbers.

We do try and visit as many of the entrepreneurs’ projects as we can throughout the year to conduct checks and ensure they are measuring the right outcomes.

Locations

Our accelerators and programs see us work in various regions around the globe. We have teams in Australia, Bangladesh, South Africa, Kenya and The Pacific.

Looking to become a local leader and change the lives of people in your area? Join one of our accelerators and grow your venture.