Unleashing Youth: Improving Access to Finance for Young Entrepreneurs
What are the barriers to financing youth entrepreneurs, and how can youth-inclusive programs and financial products work to overcome them?
This session drew from an analysis of over 35 global case studies on models for financing youth entrepreneurs. The goal of the session was to use a participatory approach to: (1) illuminate the difficulties faced by youth entrepreneurs as they start, scale, and sustain their businesses; and (2) highlight lessons learned for overcoming such difficulties. The research supporting this session was part of a project carried out by Johns Hopkins School of Advanced International Studies (SAIS) graduate researchers consulting for the IFC’s SME Finance Forum. The findings were published in a report for the G20’s Global Partnership for Financial Inclusion. The diverse cases demonstrate that although providing financing for youth entrepreneurs is challenging and risky, there is great opportunity for innovation-driven success.