GEN connects the informal and formal sectors, creating a pathway to prosperity for youth. Our on-the-job skills-building approach provides training, living wages, benefits, and a career path that youth can choose to follow all the way from trainee to crew member to professional to crew supervisor to account manager to franchise owner. These opportunities don't exist in most of the developing world, and they are necessary if we are going to bridge the growing skills and employment gap.
What is the issue, problem, or challenge?
According to the ILO, 75 million youth are out of work globally. Another 4 out of 5 youth who are working do so informally, in low-paid, insecure, and even unsafe conditions. At the same time, developing countries will struggle to fill 85 million middle and high skilled jobs and 45 million low-skilled jobs by 2020. Poor connections between education institutions, job-seeking youth, and employers are creating a global skills gap, resulting in unemployment, discouragement, and social unrest.
How will this project solve this problem?
Generation Enterprise has developed a tool to support and incentivize low-income youth to develop marketable skills and leave "dead end" unemployment and informal sector work. The Career Builder system outlines the steps in a career path from entry level to owner, and tracks each employee's progress against the rubric of hard and soft skills required to move forward at each stage. Youth can see what potential next career steps to take, the potential benefits, and required skills required.
Potential Long Term Impact
The magnitude of the skills gap is more than any government or NGO can tackle. Our vision is for businesses the world over to become the training grounds, the educational platforms for motivated youth. With the help of Nigeria's NYSC, by 2020 we aim to see over 200,000 youth engaged in career tracks that connect them to formal sector jobs and skills development.
Total Funding Received to Date: $30,591
Remaining Goal to be Funded: $9,409
Total Funding Goal: $40,000