Online portals have the potential of providing a cost-effective and scalable solution to workforce development and livelihood issues, connecting job seekers and employers in a direct, immediate fashion. Do these portals have the foundation to provide real life impact on young people’s lives and the economy at large? In this session, at the 2014 Global Youth Economic Opportunities Summit, Brianna Bailey presented on the challenges and successes of JOVEN360’s professional development platform in Central America.
In the session, "Effective Models & Approaches to Creating Mentoring Programs in Different Contexts," at the 2014 Global Youth Economic Opportunities Summit, participants had the opportunity to explore the relationship between mentorship, gender, and economic opportunity and discuss various practices (e.g. peer-to-peer, inter-generational, co-gender, online) that have proven to be effective in diverse contexts and with various youth populations.
Inter-American Development Bank
The concept of shared value, coined by Harvard professors Michael E. Porter and Mark R. Kramer in 2011, is being discussed among businesses, governments and development practitioners alike as a way for businesses to increase financial returns while simultaneously delivering social and climate impact in the community. In other words, it is the new way of doing business responsibly.
Inter-American Development Bank
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.
USAID, Partners of the America, Social Impact
At the 2014 Global Youth Economic Opportunities Summit under the Monitoring and Evaluation session "There's no I in IEs," Karen Towers, USAID Education Team Leader, presents findings from the mid-project impact evaluation of the A Ganar Program. The session highlighted the challenges that occur when implementing Randomized Control Trial impact evaluations.
Freedom from Hunger
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.
Education Development Center, USAID
The Skills and Knowledge for Youth Employment Project was presented under the Cross Track Session: Effective Models & Approaches to Creating Mentoring Programs in Different Contexts. In this session, participants explored the relationship between mentorship, gender and economic opportunity, and discussed various practices that have proven to be effective in diverse contexts and with various youth populations. Tomaisha Hendricks,Workforce Development and Private Sector Specialist at Education Development Center, presented on the goals and objectives of the SKYE Project.
Young Americas Business Trust
Back in the 90’s, a vast majority of parents and guardians in Latin America would look down on their children if they decided to opt to become an entrepreneur instead of pursuing a career or enrolling in a University. They would think that their children had a lack of motivation for studying or they were simply not smart enough or too lazy to complete a degree.
Among Brazil’s poor, youth unemployment can be as high as 66 percent. Young people looking for work lack the skills, experience, and education that make them desirable in a tight labor market. Another, very different, problem among the poor is access to electricity. About 12 to 15 million poor live without electricity — they are not connected to the nation’s power grid.
USAID is tackling these two problems with a joint solution: training youth how to install renewable energy systems that do not rely on access to the nation’s power grid.
Making Cents International
Martin Burt´s article on The “Poverty Stoplight” Approach to Eliminating Multidimensional Poverty: Business, Civil Society, and Government Working Together in Paraguay describes a practical methodology recently developed by Fundación Paraguaya. The tool allows poor families to self-diagnose their level of poverty as a first step in developing a personalized strategy to lift themselves permanently out of poverty.