A new policy framework by the Global Entrepreneurship Network and Youth Business International outlines strategic steps to empower and accelerate youth entrepreneurship, focusing on education, policy, and access to resources.
The “Youth Entrepreneurship Policy Framework” serves as a groundbreaking roadmap for empowering young entrepreneurs, developed collaboratively a collaborative effort by the Global Entrepreneurship Network (GEN) and Youth Business International (YBI). It offers a comprehensive look at the vital areas needing focus to cultivate a thriving youth entrepreneurial ecosystem.
The report identifies critical barriers to youth entrepreneurship, such as limited access to resources, restrictive policies, and a lack of tailored educational programs. To combat these issues, the framework provides targeted policy recommendations aimed at creating a supportive environment that encourages young innovators.
Key areas of focus include enhancing educational frameworks to include entrepreneurship, improving regulatory environments to ease business creation and growth, and increasing access to funding. The framework stresses the importance of incorporating real-world case studies and practical examples to illustrate successful implementation of these policies.
For policymakers and entrepreneur support organizations, this framework lays out actionable steps to harness the potential of young entrepreneurs, which is crucial for driving future economic growth and innovation.
For further details, access the complete framework here.