Enterprise Network for Young Australians
The Enterprise Network for Young Australians (ENYA) is run by young people, for young people. ENYA supports and promotes the active participation of young people in enterprise, in an ethical and sustainable manner.
- Affiliation
- NGO
- Contact No.
- (+61) 1300 136 921
- Address
Jai Menon, Programme Manager, The Enterprise Network for Young Australians, ENYA Ltd, PO Box 100, Blakehurst NSW, Australia 2221
- Email Address
- info@enya.org.au
- Website
- http://www.enya.org.au
1. Source of funding
Australian Government
AusIndustry
National Australia Bank
4 More Wealth
The Smith Family
2. Mission and Objectives
ENYA believes that not only does youth enterprise impact on employment, business acumen, workplace opportunities and financial independence amongst young people; it also encourages young people to become active, innovative, creative and socially responsible citizens.
To make finance, business training and ongoing support available to young people to establish or expand a business.
3. Areas of work relating to youth employment
Social dialogue; Enterprise development; and Labour standards
4. Partners and areas of partnerships
National Australia Bank
5. Potential or existing partnership with the ILO
6. Successful youth employment interventions
1. Microenterprise Loan: Offers a loan of between $500 and $20 000 to young people (between 18 and 30) for the purpose of starting or growing a business. The loan has low interest rate is fixed for the term of the loan and that interest rate will be confirmed at the time of the application. The programme also offers access to a wide network of support services including a toll free advice line.
2. Youth and Enterprise Legal Centre (YELC): A not for profit legal centre established to provide free advice and assistance to young people and those in business. YELC provides services under two streams - the Youth Stream and the Enterprise Stream - and its services include free legal information, legal advice on a cost recovery basis and legal representation in limited circumstances. YELC can assist people in a various areas of law including debt and credit matters, intellectual property, insolvency and bankruptcy, commercial law and practice, taxation matters, Trade Practices Act matters and limited employment law matters.
3. Business Council for Young Australians (BCYA): ENYA hosts and coordinates the BCYA which is made up of eight young people selected by the ENYA Board each year. Each council member is a young person in business and throughout the year provides feedback to ENYA on current issues affecting young people in business. ENYA then researches these topics and provides draft submissions to stakeholders on behalf of the BCYA.
4. Advice Line: ENYA runs a toll free advice line service for young people who need information on issues effecting youth enterprise.