Help At-Risk Youth Create Jobs in Nigeria & India

 
$15,050
$0
Raised
Remaining

Summary

We're partnering with at-risk youth to build community businesses. Using Silicon Valley startup tools at the "Bottom of the Pyramid," we've already launched 10 businesses run by formerly unemployed and at-risk youth. The results are skills, jobs, and wealth that can transform slum communities. Now, we want to professionalize and expand our impact.

What is the issue, problem, or challenge?

Youth in low-income emerging market communities are unable to earn sustainable livelihoods. There just aren't enough jobs. Youth end up "reluctant entrepreneurs," hustling in the informal sector. As a result, They live in poverty. They're unable to fully contribute their talents to the economic growth of their communities. They're vulnerable to exploitation. They're target recruits for criminal activity, whether it's a local gang or terrorist cell. That's a loss for all of us.

How will this project solve this problem?

We looked at startup incubators, P&G's "growth factories, and Edison's lab. Repeated pilot projects and 300 youth later, we've got a model that works with local at-risk youth to map their communities' needs, then rapidly prototype and test ideas for breakthrough community businesses. As our portfolio companies grow, they will employ other at-risk youth, driving economic growth from within.

Potential Long Term Impact

We want to take our programs on the road. Help us turn a "ticking time bomb" into a positive "youthquake!" In addition to growing our current portfolio of successful startups beyond the micro level (fewer than 10 employees), we want to expand our impact in Lagos and New Delhi, and open our business labs in new regions. Our approach can have an incredible impact on street youth and their families, on the fellow youth they employ, and on the local economy that they are contributing to.

Funding Information

Total Funding Received to Date: $15,050

Funding Information

This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.

Donors' contributions and pledges to this project totaled $15,050 .  The original project funding goal was $15,000.

Resources

donate now:

Funded

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.

Still want to help?
Support another project run by Generation Enterprise FKA Youthbank Inc that needs your help, such as:

Project Leader

Allie Stein

Philadelphia, PA United States

Where is this project located?

Close
Great; we do too!
Enter your email address to receive updates from this project and from GlobalGiving
We respect your privacy.