Achievement At Glance
A cumulative total of 358,385 young entrepreneurs have benefited from YBI's commitment to support young entrepreneurs to create, grow, and sustain their businesses.
183,751 young entrepreneurs have received online and in-person technical training from the YBI network to create tangible improvements in their skills and capacity to develop their business, strengthen their resilience, and respond to challenges.
So far, 111,194 young entrepreneurs have established a business or strengthened their existing enterprise. In 2021, entrepreneurs have strengthened their businesses against the ongoing shocks of the global pandemic by pivoting their business model, adapting products and services, and digitalised their business.
68 network members and delivery partners have received technical assistance, capacity building, and peer learning. 90% of members reported that being part of the network was useful or very useful for their work supporting young entrepreneurs. The most cited value adds were accessing services for members, opportunities for new partnerships and programmes, and learning and knowledge exchange with other members.
We kicked off our work on Inclusivity and there was lots of interest as members focus on ensuring their programmes and organisations are moving towards an inclusive offer.
Key Highlight On Guiding Principle
1. Recognition of the heterogeneity of youth and the need to promote targeted approaches.
2. Balanced set of interventions.
YBI believes in the need to recognise and reflect the heterogeneity of young people and build services that reflect diverse needs. YBI is working on the adaptation of a Decent Work training, originally developed for our members in India and Bangladesh, for a global audience. The training comprises 8 modules: safe & hygienic workspaces; competitive wages; working hours; no child labour or forced labour; social security; discrimination; and dialogue and representation. One cohort of 5 members has been through the pilot in 2021 and new cohorts will be offered to other members in 2022.