*The Global Fund for Youth Entrepreneurship announces its first Business
Plan Competition for Kenya *

Nairobi , Kenya, November 15 2007: YES Fund, the Global Fund for Youth
Entrepreneurship announces the launch of the ICT Business Plan Competition
for 2007 - 8, to support budding young entrepreneurs. This program will
support youth to identify opportunities, prepare their business plans and
compete for the best ideas. The winners will be provided with award money
(in the form of collateral or loan guarantee) and innovative business
development services to start their enterprise.

The YES Fund -Global Fund for Youth Entrepreneurship was launched at the
Clinton Global Initiative 2006 by Microsoft and the Youth Employment Systems
(YES) Campaign. The goal of this initiative is to build a coalition of
partners all over the world to 'create markets and unleash
entrepreneurship'. This competition will run from 18 th November, 2007 to 18
th January, 2008. The Award Ceremony will be held on 28th March 2008.
Currently this pilot competition is open to youth belonging to the YES
Network; another parallel program is also taking place in India. Soon it
will add more countries to its portfolio. There are a billion youth on the
planet – 850 million in developing countries where there is hardly enough
growth in public and private sectors to absorb this growing cohort - the
only way to get young people off the street into productive work is by
promoting entrepreneurship. Interested youth are invited to log on to
www.yesfund.org , www.yeskenya.net or write to yesf...@yeskenya.net to learn
about ways to participate in this Business Plan Competition.

The YES Kenya is calling for more partners to increase the base for
supporting young entrepreneurs in the country.   We also invite subject
experts to join us in helping the youth identify viable businesses, prepare
business plans, screen winners and mentor the implementation of the new
business.

*YES Kenya is rolling out the YES Fund which is a project of Youth
Employment Systems(YES) Inc. *based at Cambridge College, MA, a non profit
dedicated to resolving the global youth unemployment crisis by encouraging
diverse groups of stakeholders to support youth-led Country Networks to
identify, design and implement specific training and development programs
for promoting youth employment. Working to build skills, creating the
opportunity, and providing market-based entrepreneurial solutions for youth
enterprise development is central to our efforts.

Youth Employment Systems *(YES)-Kenya* is a national youth multi-stakeholder
network established in 2002 and registered in Kenya. YES Kenya is involved
in promoting youth employment in Kenya and committed to the global call of
creating sustainable livelihoods for Youth. YES Kenya brings together a
membership of more than 8400 young people individually and representing
various organizations at National and grassroots levels. YES Kenya is thus
part of the Global YES Campaign representing Kenya in the international
movement. www.yesweb.org, www.yeskenya.net

*CONTACT: *

Contact Person:      Emmanuel Dennis

Title:                            Regional Coordinator
Company Name:     Youth Employment Systems (YES) Network

Phone Number:         +254 20 2718398
Cell Phone Number:    +254 722619005

Email Address:             emmanuel.den...@gmail.com
Website URL:              www.yesfund.org , www.yeskenya.net