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Create sustainable change for young entrepreneurs

YBI aims to support 1 million young people (18-35 years) to start, strengthen and grow sustainable businesses by 2025. Its global network of expert organisations is present in 50 countries across 6 continents, working to develop new solutions to the critical challenges facing young entrepreneurs. In turn, they help to create more jobs, strengthen communities and foster sustainable development, impacting SDG5 (Gender Equality), SDG8 (Decent Work), and SDG10 (Reduced Inequalities). YBIs work is supported by Accenture, Citi Foundation and Inter-American Bank Group who have been instrumental in helping them increase the impact of their network.

Entity

Youth Business International (YBI) Youth organization, civil society, non-governmental, non-profit organization

Technical assistance, expertise and implementation; Policy, advocacy and convening power

Partners

  • Accenture

    Private sector

    Technical assistance, expertise and implementation; Financial and/or in-kind contribution

  • Citi Foundation

    Foundation or philanthropic organization

    Financial and/or in-kind contribution

  • Inter-American Development Bank Group

    Foundation or philanthropic organization

    Technical assistance, expertise and implementation; Financial and/or in-kind contribution

Sustainable Development Goals & targets

  • 5.5 Ensure women's full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life
  • 5.b Enhance the use of enabling technology, in particular information and communications technology, to promote the empowerment of women
  • 8.3 Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
  • 8.5 By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value
  • 8.6 By 2020, substantially reduce the proportion of youth not in employment, education or training
  • 10.2 By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status
  • 17.16 Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the Sustainable Development Goals in all countries, in particular developing countries

Themes

description

YBIs members have diverse expertise in youth entrepreneurship support services. YBI supports them to scale their impact through: delivering training and capacity building initiatives including peer learning exchanges; supporting members to innovate their services; and connecting members to relevant partners to leverage resources and influences. 

YBI members provide young entrepreneurs training they need to thrive in todays changing world of work. This spans business, digital and soft skills. YBIs commitment to mentoring sees young entrepreneurs paired with an experienced volunteer business mentor to guide them through the challenging early stages of establishing a business. YBI members also support young entrepreneurs to access finance. In alignment with the SDGs, they are building their expertise as a network in working with rural youth and youth on the move and ensuring their work both promotes gender equality and reduces inequalities. 

To achieve YBIs goal of reaching 1 million young people by 2025, they will focus on four strategic pillars. Firstly, they will scale their impact through network expansion and innovation in delivery, unlocking resources and supporting members to scale. Secondly, they will work with members to evolve their capacity to enable more young people to start, grow and sustain their business. Thirdly, they will continually evaluate and learn from work, sharing their findings and contributing to the evidence base on what works in youth entrepreneurship. Finally, they will ensure their sustainability through a membership of strong, locally rooted organisations served by a committed Network Team. 

https://www.youthbusiness.org/
https://www.facebook.com/youthbusiness/
https://www.youtube.com/user/youthbusiness
https://twitter.com/YouthBizInt

Deliverables and links to SDG targets

  • 1,000,000 young people trained in relevant skills, including technical and vocational skills, ICT skills and soft skills

    5.5 Ensure women's full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life

    Their target to reach 1 million youth is guiding the way YBI innovates as a network. To enhance member capacity and reach, YBI provides training to develop impactful training curriculum, improve the facilitation skills of trainers and equip young entrepreneurs with the business, digital and soft skills needed to thrive.

    BY: Dec 2025
  • 250,000 youth-led enterprises created or improved

    8.6 By 2020, substantially reduce the proportion of youth not in employment, education or training

    In the past 4 years, their network has supported over 95,000 young people to build a business by delivering entrepreneurship support services. YBI will support its members to reach 1 million youth (including rural youth, youth on the move and young women) and build 250,000 youth-led enterprises by 2025.

    BY: Dec 2025
  • 60 youth employment stakeholders supported through technical assistance, capacity-building or peer learning

    17.6 Enhance North-South, South-South and triangular regional and international cooperation on and access to science, technology and innovation and enhance knowledge-sharing on mutually agreed terms, including through improved coordination among existing mechanisms, in particular at the United Nations level, and through a global technology facilitation mechanism

    Their members have diverse expertise in youth entrepreneurship support services. YBI enables them to scale their impact through: delivering training and other capacity-building initiatives including peer learning exchanges; supporting members to innovate their services and products; and connecting members to relevant partners to leverage resources and influence.

    BY: Dec 2025
Global

Start

01-Apr-2019

End

31-Dec-2025

USD 5,000,000

Estimated total value of the commitment

1,000,000

young people to benefit directly from this commitment

Target: Only young people 15-19, 20-24, 25-29, 30-35

Primarily:
  • Young people in urban areas
  • Young people in rural areas
  • Young women
  • Young men
  • Youth with disabilities
  • Specific ethnic groups
  • Low-income individuals

Gallery

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