FULL LIST OF ENTERPRISE DEVELOPMENT

Enterprise development programs help entrepreneurs to start and run profitable businesses through training, technical assistance, and inclusive market development activities. While the dynamism and innovation that entrepreneurs bring to an economy are one reason to implement activities in this area, the inability of the formal sector to produce enough jobs for the growing youth population makes self-employment an important option for youth as well.

Where We Are Now?

Similar to the general enterprise and market development field, youth enterprise development has moved from a focus solely on the enterprise itself to a more holistic approach. While providing training or technical assistance to an entrepreneur is still important, practitioners are complementing these types of assistance with activities to strengthen an enterprise’s overall ecosystem. For example, projects now include initiatives to strengthen entrepreneurs’ networks, so that they can gain business or mentoring assistance as necessary, or focus on strengthening the overall value chain specific to youth enterprises.

Trends and Best Practices:

  • Not all entrepreneurs are created equal. Many youth start businesses out of necessity and are unlikely to grow their business beyond the micro-stage. A smaller subset are more entrepreneurial minded and given the right set of circumstances, have a greater chance to develop a successful small enterprise. Practitioners and donors are distinguishing between these types of individuals and providing different types of support to each.
  • Successful young entrepreneurs capitalize on their passion and market opportunities. Successful programs recognize this and help develop opportunities in areas that are naturally interesting to youth, or work to educate youth that more traditional activities, such as agriculture, can be both inspiring and remunerative.
  • Successful capacity building initiatives help entrepreneurs obtain the information they need and have the skills to manipulate it for business success.
  • Entrepreneurs require the skills to both run a profitable business and a financially stable household.
  • USAID and other donors have begun incorporating youth inclusion activities to value chain projects in a more robust way. By integrating a “youth lens” in value chain assessments, implementers are able to identify constraints and opportunities specific to youth and beyond those that apply to value chain actors more broadly.

 

ARTICLE: Recognising the economic contribution of women isn't feminism, it's fact

Making Cents International

Despite the role that girls and women play in driving economic growth being widely acknowledged, it seems in practice, development programmes haven’t kept pace.

BLOG: Cities as Drivers of Economic Opportunity for Youth

Making Cents International

According to the recently released United Nations report (“World Urbanization Prospects”), more than half of humanity now lives in cities. Today, 54% of the world’s population, 3.9 billion people, resides in urban areas, compared to only 30% back in 1950. The report predicts that cities will add an additional 2.5 billion people by 2050, with nearly 90% of this increase happening in Asia and Africa.

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JBS International, Inc.

My name is Matthew French and I work for JBS International, Inc. This blog draws upon research conducted under contract with USAID’s office of Education (read the full youth engagement report here), as well as my own experiences working with young people.

2019 Global Youth Economic Opportunities Orientation Webinar

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.
 
Resource Type: 
Presentation

Call for Proposals Orientation Webinar

ORGANIZER: 
Making Cents International's Youth Economic Opportunities Network
DATE: 
Feb 5, 2019 (09:30am to 10:30am)

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.

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Boston Opportunity Youth Collaborative

In 2013, the Aspen Institute Forum for Community Solutions started the Opportunity Youth Incentive Fund to mobilize support for Opportunity Youth—16–24-year-olds who are disconnected from school and work. Due in large part to the groundwork laid by our existing collective impact initiatives, Boston won a place among these communities.

Resource Type: 
Paper

Youth Enterprise: The Role of Gender and Life Stage in Motivations, Aspirations and Measures of Success

Journal of Education and Work

‘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.

Resource Type: 
Paper

The Youth Advantage: Engaging Young People in Green Growth

International Fund for Agricultural Development

In 2030, young people will make up around 15 per cent of the world’s population, and rural youth about 6 per cent.

Resource Type: 
Report

The Entrepreneurial Mindset and the Future of Work for the Next Generation

Network for Teaching Entrepreneurship (NFTE), EY-Parthenon

Increasingly, the economy is demanding that youth adopt an entrepreneurial mindset to earn a living. Unfortunately, today's schools are ill equipped to provide the training in the behavioral skills that comprise this mindset, like opportunity recognition, critical problem solving and communication.

Resource Type: 
Presentation

Global Citizen Prize for Youth Leadership 2018

Global Citizen & Cisco
Applications are now open for the Global Citizen Prize for Youth Leadership 2018.
 

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