The SYB program provides 5-day training to potential entrepreneurs to help them develop concrete and feasible business plans. The training materials include a manual and business plan booklet to guide entrepreneurs through assessing their idea, drafting marketing and financial plans, and obtaining necessary permits. The program has been implemented in over 90 countries and has helped start 14-54% of new businesses, creating an average of 2.4-3.4 jobs per new company. Contact information is provided for coordinators in different global regions.
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06 syb fact sheet march 2007
1. Job Creation and Enterprise Development Department
Small Enterprise Development Programme
Business Services Fact Sheet
Start Your Business (SYB)
SYB is part of the SIYB programme. For more details about the SIYB
programme refer to the SIYB Programme Fact sheet.
I. WHAT IS SYB?
SYB is a materials-based training programme for potential entrepreneurs with a business
idea who want to proceed and start their own business. This very interactive training can
be organized flexibly according to clients’ needs, takes approximately 5 days and is taught
using advanced adult training methodologies.
II. OBJECTIVE
The objective of SYB training is to enable potential entrepreneurs to develop concrete,
feasible and bankable business ideas to start their own small business. By the end of the
training course, these potential entrepreneurs will have completed a basic business plan.
The business plan will serve as a blue print for the entrepreneur in starting up the
business.
III. TARGET GROUP
SYB training is customized for potential entrepreneurs who want to start micro- or
small-scale businesses. To benefit fully from SYB training, the potential entrepreneurs
should be able to read and write. Furthermore, they should have developed a concrete
and feasible business idea prior to SYB training. SYB training is equally suitable for men
and women in rural and urban areas, both young and old.
GYB – Generate Your Business Idea
Potential entrepreneurs lacking a concrete business idea are strongly recommended to participate in a
two-day GYB (Generate Your Business Idea) course prior to SYB training. By the end of the training
course, these potential entrepreneurs will have assessed their entrepreneurial characteristics, and will
have identified a concrete and feasible business idea that suits their situation best.
IV. PRODUCT COMPONENTS
SYB training is designed to assist potential entrepreneurs to, among others
• Draft a marketing strategy
• Plan their staff needs
• Cost their goods and services
• Decide about the legal form of their business
• Get a clear idea about the licenses and permits needed
• Assess the environmental impact of their planned business
• Forecast their finances.