Investing in the Economic Progress of Youth

Author(s): 
Jasmine Thomas
Organization/Affiliation(s): 
Citi Foundation
Resource Type: 
Publication Date: 
Sep 10, 2013
To assess our own efforts to invest in and support youth economic opportunities, the Citi Foundation examined its existing investments in organizations supporting young people to understand how its funding improved their lives and economic circumstances, as well as where further improvement was needed. Across the portfolio, it became apparent that there were some investments that stood out from the others. These investments fund non-governmental organization (NGO) partners that were breaking away from traditional concepts and adopting new approaches that frequently packaged inputs in education, on-the-job training, direct access to hiring employers, and access to finance for entrepreneurs. This suite of services made for more efficient implementation, which often reduced operational cost while creating a “one-stop shop” experience for the young person. At the systems change level, we also continued to see a need to better understand and improve the broader ecosystems that support these programs.
 
Jasmine Thomas is the Program Officer for the International Financial Capability &
Asset Building and the Youth Economic Opportunities portfolios at the Citi
Foundation. She also oversees the Foundation’s grant investments across Europe,
Africa, and the Middle East.

 

Topic: 
Workforce Development
Financial Inclusion
Enterprise Development
Gender
Monitoring & Evaluation
Regions: 
Global
Tags: 
Community Development
Economic Empowerment
Education
Entrepreneurship
Financial Capability
Financial Literacy/Education
Rural Development
Scaling Up
Technology