Timeline: May 2022 – May 2028
Budget: USD 68,500,000, splited as:
– Economic Inclusion of Youth: USD 45,000,000
– Business Plan Competition: USD 23,500,000
Project brief:
The component will target youth (ages 18 to 35) in urban areas, with a focus on vulnerable youth in the informal sector. First, the component provides productive income-generation opportunities, thus supporting sustainable market-based work and providing a short-term solution for poor and vulnerable urban youth. Second, the component pilots an intervention to identify and support promising young entrepreneurs to contribute to private sector development and job creation. The project fills an important gap in existing programming for youth given its focus on underemployment and helps consolidate support through its scale and coordination with MINJEC and MINPMEESA.