Entrepreneurs for Social Change

Entrepreneurs for Social Change foresees the empowerment of young entrepreneurs at the regional level in a comprehensive manner, for these to be able to induce positive social change in their communities through entrepreneurship and innovative business ideas. By providing viable and innovative solutions to economic and social issues at the local, national and regional levels and by showcasing the benefits and value of social entrepreneurship to policymakers and other relevant stakeholders, the ecosystem will be strengthened, and young social entrepreneurs will be able to trigger social transformation in their communities, and thereby contribute to sustainable development in the region.

Entity

United Nations Industrial Development Organization (UNIDO) United Nations system entity

Technical assistance, expertise and implementation; Policy, advocacy and convening power; Financial and/or in-kind contribution

Partners

  • Fondazione CRT

    Foundation or philanthropic organization

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

Sustainable Development Goals & targets

  • 1.4 By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property, inheritance, natural resource
  • 8.1 Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries
  • 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
  • 9.2 Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry's share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries
  • 9.3 Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets
  • 17.3 Mobilize additional financial resources for developing countries from multiple sources

description

The project builds on the successful pilot phase from 2013-2016, and will bring together a total of 375 young social entrepreneurs, aged 18 to 35, initially 25 per year for three years, from the Euro-Med region and then about 125 per year from different regions of the world, provided sufficient funds are secured. The aim is to support the development of their social enterprise through training, mentoring, legal support, and facilitate access to innovative financing schemes. This will be complemented by the development of a global media campaign that will make use of local, regional and international media channels, including social media, newspapers, and UN media channels, to strengthen the knowledge and increase the awareness about the value and importance of promoting social entrepreneurship. The long-term vision of the project is to explore the opportunities to replicate the project as implemented in the Euro-Mediterranean region and expand it to other regions of the world, e.g. in Southeast Asia, in Sub-Saharan Africa and Latin America. Furthermore, the objective is to develop a social entrepreneurship Centre of Excellence that will serve as a hub for agents of change to get in touch with their peers, to facilitate knowledge sharing and exchange, and to provide a platform to nurture and foster innovative business ideas and thereby support the development of an environment conducive to social entrepreneurship.

http://www.e4sc.org/
https://www.facebook.com/UNIDOyouthwomen/

Deliverables and links to SDG targets

  • 375 young people supported through entrepreneurship training, advisory services, access to markets or access to finance

    9.2 Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry's share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries

    training and mentoring of existing and aspiring young social entrepreneurs

    BY: Jun 2020
  • 7,500 jobs created for young people, including through subsidized employment and entrepreneurship

    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

    direct and indirect jobs created through enterprise creation and development

    BY: Jun 2020
  • 375 youth-led enterprises created or improved

    9.2 Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry's share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries

    social enterprises created/improved in agro-industries and green business

    BY: Jun 2020

Start

01-Jul-2017

End

30-Jun-2020

USD 1,000,000

Estimated total value of the commitment

375

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

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