The Ministry of Social and Family Development has launched the Youth Social Entrepreneurship Programme (YSEP) for Start-Ups for youths between the age of 18 and 35 years to develop social enterprise start-ups. The programme has an annual budget of $250,000. MSF is collaborating with the SMU Institute for Innovation and Entrepreneurship and the NUS Entrepreneurship Centre in this area. They will provide the students and graduates with incubation support, mentorship and nurture their project coordination skills to help them start their social enterprises.