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What is a Selection Panel?

A Selection Panel is a time to celebrate the work your team has done during the planning stage and begin to transition into the action stage. A Selection Panel is also a time for Youth Venture to see if your plan meets the Youth Venture Selection Criteria and to determine the amount of seed funding needed to launch the Venture.

After completing your Action Plan, you will be asked to give a ten-minute presentation about the potential Venture before a Selection Panel. A Selection Panel is a group of youth and adult community members who listen to team presentations, ask questions, and see if the team’s plans meet the Youth Venture Selection Criteria. Panels help ensure teams have a strong plan and are ready to move to the next step of launching as a Youth Venture Team. For more details on the Youth Venture Selection Criteria, see the tool sheet titled Youth Venture Selection Criteria.

Presentation:

Each potential Venture Team presents their Venture idea for approximately ten minutes, followed by approximately ten minutes of questions and answers with the Selection Panel. After the presentations are completed and the potential Teams have left, the Panel discusses whether the team is ready to launch. Teams should receive a response from YV within two days. Once teams are launched, they receive seed funding and become part of the global Youth Venture movement.

Audience:

Teams should direct their presentations to the Selection Panel; however, other people such as other teams, Allies, community members, parents, representatives from Youth Venture, or the local media may also be present. Teams are encouraged to invite their parents or other supporters to the Selection Panel presentation.

Acceptance:

In the process of being accepted as an official Youth Venture Team, a team may meet all the Youth Venture Selection Criteria and may be accepted as ready to launch, or a team may be accepted with certain conditions that the Selection Panel feels they need to address before launching. When the Team meets these conditions they will officially launch their Venture. Teams should receive their grant check within two weeks of officially launching their Venture.