What distinguishes YEDI from other start-up incubators?
YEDI is a not-for-profit, charitable institution granting a formal education where emphasis is placed on an intensive, educational, as well as hands-on program and workshop for not-for-profit leaders. YEDI believes in training and skilled entrepreneurship as the fundamental tool in refining a service and a launch pad for attracting resources and financing. Following program completion, leaders will present their not-for-profits at the exclusive Venture Fair and pitch for the opportunity to receive funding from funds, donors, sponsors and additional stakeholders. See “YEDI Advantage” to learn more about YEDI’s opportunities and benefits.
Do selected candidates receive funding at the start of the program?
No. “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.” YEDI believes in first providing real training to cement exceptional entrepreneurial skills prior to giving ventures access to capital.
Will YEDI help me get funding after the program ends?
Yes. As a participant, you will first be thoroughly prepared by a guided process in the creation of a solid not-for-profit model that is financially viable, marketable, and attractive to funders. You will then have the exclusive opportunity to showcase your proof of concept at the YEDI Venture Fair, liaise with industry members, and pitch your project for a chance to receive funding from donors, sponsors, funds and additional stakeholders.
What do not-for-profits gain from the program curriculum?
The YEDI program will cultivate an entrepreneurial mindset for not-for-profits, training them to become efficient, to create and use budgets wisely, and to bring more of a business edge to their social mission in order to achieve their goals.
What is expected of me if I enter this program?
If you are selected as a participant and accept the offer, you must remain completely committed throughout the duration of the 16-week program, this means your attendance at the weekly evening lecture, seminar, or workshop is mandatory. Additionally, you must submit the milestone assignments in a timely manner. YEDI provides intensive and rewarding training of the highest caliber; you are expected to exercise discipline and readiness to undergo entrepreneurial development at this level.
Where does the incubator take place?
The program takes place at the Vaughan City Hall located at 2141 Major Mackenzie Drive Vaughan, ON
Is there an application or course fee?
There are no course or application fees and the program is offered absolutely free.
What types of organizations is YEDI accepting and looking for?
YEDI is accepting not-for-profit organizations from any field. See “Eligibility” for full details.
How are the participants selected?
Applications are first pre-screened by experts. Secondly, they are reviewed by the Selection Committee, which is composed of a special panel of judges from venture capital, not-for-profit, and for-profit circles, based on a set rubric that aligns with YEDI values. Selected candidates are then shortlisted and interviewed by the program advisors. Those who succeed this phase then proceed to be inducted to the program.
How is my idea protected when I apply?
Is the program only open to students?
We believe that good ideas can be born at any age, to anyone. YEDI’s program is not limited to students. All adult ages are welcome to apply.
Can we apply in teams?
Applicant should be the Executive Director, CEO’s will be considered.
Am I eligible and how do I apply?
Please ensure your eligibility here. Applications will only be accepted online.
What is the deadline to apply for the next session?
The application period is now OPEN. APPLY HERE
Applications accepted by November 20, 2017 11:59 PM EST
The Application Portal isn’t working! What should I do?
If the portal is not accepting your application after two attempts, send an alert to apply (at) yedinstitute (dot) org.