About us

About us

About us

About the ASEAN Young Entrepreneurs Council (AYEC) 
 
The ASEAN Young Entrepreneurs Council (AYEC) is the official voice of young entrepreneurs in the ASEAN policy-making process. It was successfully proposed by the ASEAN Business Advisory Council (ASEAN-BAC) to the ASEAN Leaders in 2015 and later that year launched in Kuala Lumpur, Malaysia. It consists of a network of government endorsed young entrepreneur associations from all 10 ASEAN Member States. Besides participation in the ASEAN Economic Integration process, AYEC also serves as a young entrepreneurs network, with direct connectivity with the respective national level associations and the ASEAN Secretariat. AYEC is also provided a seat in the ASEAN-BAC Joint Business Council (JBCs), where proposals on young entrepreneurship is officially tabled to the mandated private sector representatives. Under the AYEC is it inaugural event the ASEAN Young Entrepreneurs Carnival which moves around ASEAN every year following the calendar with its 5th continual carnival happening in Ho Chi Minh, Vietnam in 2020. 
 
Under the governance of the AYEC, ASEAN Young Entrepreneurs Association (AYEA) was formed in 2016 to promote exchange and cooperation between young entrepreneurs and investors within ASEAN member states. Not only to drive and empower the young entrepreneurs, the association does also look forward to protect the legitimate rights and interests of its members to strengthen the communication and relationship between corresponding governmental organisations and encourages its members to contribute to the development of ASEAN and international corporate development.
 
All national association members in the ASEAN Young Entrepreneurs Council (AYEC) is by appointment of the respective national ASEAN Member State (AMS) government, with 3 appointed representatives from each member association to sit in the AYEC.
 
The member associations of AYEC are:
 
1. Young Entrepreneurs Association of Brunei (YEAB)
2. Young Entrepreneurs Association of Cambodia (YEAC)
3. Himpunan Pengusaha Muda Indonesia (HIPMI)
4. Young Entrepreneurs Association of Laos (YEAL)
5. Malaysian Young Entrepreneurs ASEAN Association (MAYA)
6. Myanmar Young Entrepreneurs Association (MYEA)
7. Philippines Young Entrepreneurs Association (PYEA)
8. Singapore Business Federation (SBF)
9. Thailand Young Entrepreneurs Chamber of Commerce
10. Vietnam Young Entrepreneurs Association (VYEA)
 
Besides participation in the ASEAN Economic Integration process, AYEC also serves as a young entrepreneurs network, with direct connectivity with the respective national level associations and the ASEAN Secretariat. AYEC is also provided a seat in the ASEAN Business Advisory Council Joint Business Councils (ASEAN-BAC JBCs), where proposals on young entrepreneurship is tabled to the official private sector representative in ASEAN.
 
ASEAN YOUNG ENTREPRENEURS ASSOCIATION – AYEA
 
AYEA was officially launched on the 25th January 2017 under the Manila Declaration.
 
The ASEAN Young Entrepreneurs Association (AYEA) aims to promote exchange and cooperation among young entrepreneurs and investors within ASEAN Member States, to serve the AYEA members and investors, and protect the legitimate rights and interests of members, to strengthen the communication and relationship between the members and governmental organizations in ASEAN Member States, and to encourage its members to contribute to the development of ASEAN and international economic cooperation. The AYEA is guided and overseen by the AYEC.
 
The AYEA is the first of its kind initiative to network young entrepreneurs from each of the ASEAN Member States with their peers across the region. Membership in the Association allows access to AYEA events in the region such as the ASEAN Young Entrepreneurs Carnival and other domestic events organized by the AYEA component organizations. Through the AYEA, members are able to make direct contact with suppliers, potential partners, and access new markets for their business.
 

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Us

Asean YOUNG ENTREPRENEURS association
contact@ayec.org
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