Private sector collaboration has provided to have many benefits as it can increase speed and cost efficiency of projects, alleviate capacity constraints, and add value to a project by providing diverse knowledge and expertise. In the drive to increase opportunities for formal employment for unemployed youth, NGOs have begun to collaborate with the private sector to create practical strategies in improving youth employment outcomes in projects.
From Asia to the Americas, mobile phone use is booming- especially among youth. But how-and when- will using mobiles in your youth workforce development projects contribute to your project's success? At the Workforce Development session "Going Mobile: Five Steps to Achieving Scale, Impact and Sustainability," at the 2014 Global Youth Economic Opportunities Summit, Jacob Korenblum, CEO and Co-Founder of Souktel Inc., outlines 5 easy ways to incorporate mobile and web applications into livelihoods project design, along with providing key steps for evaluating these tech-based interventions.
The Inter-American Development Bank partnered with public and private entities in Jamaica to build a new business hotel in the heart of Kingston. Through a shared value approach, the project surfaced employment for women-led SMEs and youth-at-risk. The objective of the project is for the Marriot to hire 5 percent of its labor force from local youth-at-risk as well as source fresh goods from up to 20 local SMEs, preferably women. While increasing the hotel's reputation, trust within the community will be built.
At the 2014 Global Youth Economic Opportunities Summit, Freedom from Hunger presents Increase Your Sales Mobile Guide which makes it possible for frontline workers with little or no literacy skills to deliver impactful business education sessions to group members in their communities.
At the 2014 Global Youth Economic Opportunities Summit, Freedom from Hunger presents Savings Group Formation Mobile Animations which makes it possible for frontline workers with little or no literacy skills to form strong, enduring savings groups.
At the 2014 Global Youth Economic Opportunities Summit, Freedom from Hunger presents its online module for advancing financial inclusion of youth. It was designed to help staff of financial service providers and NGOs develop a strategy for offering youth financial services and financial education.
For adolescent girls in Sub-Saharan Africa, social isolation and economic vulnerability are critical problems that prevent a healthy transition from girlhood into womanhood. This study examines the effect of a multi-dimensional intervention on social, health and economic assets, as well as experiences of sexual harassment, among vulnerable adolescent girls aged 10–19 living in the low income areas of Kampala, Uganda. The study compares two treatment groups to a comparison group.
Megan Gash of Freedom from Hunger presented case studies on financial services in Mali and Ecuador under the Financial Inclusion session: The Evidence is In- The Real Impact of Promoting Financial Capability at the 2014 Global Youth Economic Opportunities Summit. The presentation provided lesson learned and recommendations for improving financial capabilities for youth.
Simon Bailey of Aflatoun presented a global systematic review and meta-analysis of financial education for children in youth under the Financial Inclusion session: The Evidence is In- The Real Impact of Promoting Financial Capability at the 2014 Global Youth Economic Opportunities Summit. The presentation drew on knowledge of 21 randomized control trials of financial education for youth people and highlighted differences in impacts on young people's financial knowledge, attitudes and behaviors.