To fully unlock the potential of youth entrepreneurship, we must craft policies and programs that are tailored to the specific needs of young people. When done effectively, youth entrepreneurship can become a driving force for inclusive prosperity. This report’s effort to provide a framework for such policy creation is
both inspiring and crucial. By empowering young entrepreneurs, we can catalyze job creation and economic diversification, especially in low-income countries where traditional employment opportunities may be limited.
This report offers recommendations for the entire youth entrepreneurial ecosystem without delving too deeply into which organizations should provide which element of support. Although we have disaggregated the different types of support offered to youth entrepreneurs for the purpose of clarity, we acknowledge that many of these functions blur into one another in practice. Consequently, it is for policymakers and ecosystem actors alike to use the framework to determine where the gaps in provision are within their ecosystems and direct resources accordingly.
Challenges faced by youth can be categorized into four main areas of policy focus: pipeline, business
environment, finance, and growth support.
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