Dharamshala: The Tibet Innovations in collaboration with Tibetan Entrepreneurship Development (TED), Department of Finance, CTA and Tibet House Trust, London launched the ‘Youth Employment for Tibetans Initiative’—a major initiative aimed at creating employment for Tibetan youths living in the Tibetan settlements across India.

The Youth Employment for Tibetans Initiative (YETI) is a business contest aiming to find a Tibetan entrepreneur with the vision and skills to create a sustainable business that will employ young Tibetans in a settlement community. Sponsored by the Tibet Innovations, prize money of 1 Crore (10 million rupees or approx. $142,780 USD) will be awarded to the winning proposal on October 25, 2019.

The YETI project is inspired from the concerns expressed by His Holiness the Dalai Lama regarding the outflow of young Tibetans from the settlement camps in South India and the adverse effects this was having on the culture and viability of these vulnerable communities.

Launching the Initiative here in Dharamshala, Kalon Karma Yeshi, Department of Finance and Thubten Samdup, Director, Tibet Innovations addressed a press conference earlier today. Director Thubten Samdup is former Representative of the Office of Tibet, England.

In partnership with CTA’s Tibetan Entrepreneurship Development, Tibet Innovations has launched a website providing details about the YETI competition, including eligibility requirements, an online application form, and resources needed to build a business proposal.

All aspiring Tibetan entrepreneurs are encouraged to submit their business ideas and take advantage of this once-in-a-lifetime opportunity.

The deadline for applications for the YETI competition is August 1, 2019. The application form (click here to view) and support documents must be sent to [email protected] and received by the competition deadline.

For more information, please visit the website: www.tibetinnovations.org