Hundreds of thousands of British youngsters are about to flood the entrepreneurship market. According to UnLtd, more than half of young people posses the ambition of starting their own company, which translates to unprecedented growth in the number of companies run by those youngsters. In pursuit of the dream perpetuated by start-up culture, they are equipped with revolutionary ideas such as a condom key chain and a "social media site which, unlike Facebook, would finally allow us to see who visited our page and thus identify obsessive followers"
The Founder of the Tony Elumelu Foundation, Tony Elumelu says Africa’s quest for breaking the cycle of poverty and dependency could only be achieved if it injects the spirit of entrepreneurship into its youthful population. To this end, his Foundation has set up the TEF Entrepreneurship Programme, which is a 10-year programme worth $ 100 million to identify, train, mentor and fund 10,000 entrepreneurs, capable of changing the face of business across Africa.
Malawi is one of the poorest countries in the world and its economy is worsening. Malawians are struggling to earn enough money to feed their families and two years of poor harvests means that people are hungry. There’s no welfare state, so earning a living is vital for survival. To make matters worse, Malawi also faces a serious youth unemployment crisis and the highest working poverty rate in the world. According to a report of the National Statistical Office and ILO, in 2013 only 11.3% of the working population was in formal employment, and the figures for those under 35 are worse.
Every year, we run 10 month programs designed to get early stage high potential companies in Uganda, Kenya, Tanzania and Rwanda what they need to grow. We select an exclusive group of fifteen companies for each of these programs, whom we work with intensively alongside our 100+ impressive mentors to get them into the best possible shape to grow. We then expose and connect them to our network of funders so that they can raise funding. But it does not end there. We and the entire UEA network continue to support our entrepreneurs for the life of their company and beyond.
The International Conference on Innovation and Entrepreneurship was established 4 years ago and it has been held in South Africa, USA, Thailand and Canada. ICIE has been attended by participants from more than 30 countries and attracts an interesting combination of academic scholars, practitioners and individuals who are engaged in various aspects of innovation and entrepreneurship. In 2016 the Ted Rogers School of Business at Ryerson University played host to the first Innovative Youth Incubator Awards. We look forward to an interesting competition again this year in Kuala Lumpur where the Conference Chair is Assoc. Prof. Dr. Kamarulzaman Ab. Aziz.
The United States Association for Small Business and Entrepreneurship® (USASBE)
Jan 19, 2017 (All day) to Jan 22, 2017 (All day)
Join us January 19-22, 2017 in Philadelphia, Pennsylvania for the 32nd USASBE Annual Conference. Drexel University's Charles D. Close School of Entrepreneurship will be welcoming USASBE members to their historic city, filled with iconic museums (think Rocky!), fine dining, the Liberty Bell, Independence Hall and more. Don't miss engaging workshops, insightful presentations, passionate speakers, and catching up with your colleagues in 2017! Stay tuned for more information and see you in Philly!
With 1.8 billion people between the ages of 15 and 29, the world is home to more young people today than ever before. Close to 87 per cent of them live in developing countries. Young people make up approximately one quarter of humanity, but in many countries, especially in South Asia and Africa, one in three people is a young person. Demographic trends and projections make it clear that the proportion of young people in the global population is declining and it is predicted to fall below 20 per cent by 2075. The next few decades, therefore, are an unprecedented window of opportunity for the world, and developing countries in particular, to reap the promise of this ‘demographic dividend’.
The United Nations strategy for policy-makers: tackle poverty by promoting job-creation and entrepreneurship for youth around the world. This year the number of unemployed youth globally is expected to reach 71 million, with young people three times more likely to be unemployed than adults.The Second Committee of the General Assembly met at UN Headquarters in New York last week to examine strategies to eradicate poverty through youth employment and entrepreneurship. Addressing the committee, Ms Daniela Bas, Director of the DESA’s Division for Social Policy and Development, cited the recent appointment of Werner Faymann as Special Envoy of the Secretary-General on Youth Employment as an indication of the UN’s direction.
When recently appointed Environment Secretary Andrea Leadsom suggested that young Britons could take over post-Brexit fruit-picking and farm labour, her comments were met with derision. Speaking at a Conservative Party conference fringe event in Birmingham, she said she hoped that more young people could be “encouraged to engage with countryside matters”, and that “the concept of a career in food production is going to be much more appealing going forward.”