Demand-Driven Training for youth employment programs build job-relevant skills valued by employers and useful for self-employment by offering both pre-employment skills development and some form of on-the- job training.
In 2013, the United Nations projected that Africa would be home to over 40 percent of the global youth population by 2030. The challenge of how to successfully absorb these young people into the formal economy became top of mind for governments, policymakers and development practitioners.
Small, medium and micro-enterprises (SMMEs) have been acknowledged as important contributors to economic growth and vehicles of job creation in both developed and developing countries. Furthermore, local communities can benefit from the presence of SMMEs as they assist in stabilising local economies, improving resilience, and providing a base of economic activity. 3 However, SMMEs tend to face a number of constraints that prohibit them from growing into sustainable businesses.
Making Cents International, RTI International, USAID
Making Cents International’s Youth Economic Opportunities Network (YEO Network) and RTI International co-hosted an interactive Apply It! Webinar. The webinar delved deeper into a conversation started at the Global Youth Economic Opportunities Summit (GYEOS) in September 2018 about "CVE for PYD" and USAID’s Kenya Youth Employment and Skills (K-YES) program.
Making Cents International's Youth Economic Opportunities Network
The annual GYEO Summit Call for Proposals is a competitive process open to all interested applicants working to advance youth economic opportunities. Summit speakers raise awareness about their work, share knowledge and encourage collaboration in our sector through practical, hands-on breakout sessions that connect to the Summit’s theme and technical tracks.
Increasingly, the global economy demands that young people enter the workforce not only with a college degree, but also with a set of transferrable, entrepreneurial skills and attitudes that can help them succeed in almost any job or industry. This includes the ability to take initiative and think on your feet, to critically solve problems, and to communicate effectively. Learning these and other skills that are part of the entrepreneurial mindset is central to becoming career-ready.
‘Enterprise’ has increasingly become part of the United Kingdom’s political grammar and efforts to develop entrepreneurial traits and activities in young people have been a key strand of this policy focus. As the 2008 economic recession saw a curtailed youth labour market, enterprise emerged as an appealing policy ‘solution’ to youth unemployment. Traditional measures of enterprise chart the numbers of new businesses and their survival rates.