Youth Entrepreneurship

Young people are one of the most important actors for the future of our world. In order for them to be supported, and turn their ideas into real projects, their entrepreneurial spirit needs to be revealed and supported in different ways. Unemployment, and especially youth unemployment, is one of the most important problems in all countries. In this sense, the importance of entrepreneurship cannot be denied in terms of emphasizing the importance of employment and reducing youth unemployment. Entrepreneurship is not only about creating new opportunities in the business world. From a wider perspective, it is about being open to innovations at every stage of life and directing youngsters’ energy correctly.

Definition Youth entrepreneurship is a process whereby creative and innovative ideas are transformed into enterprises initiated and managed by young people with the primary purpose of addressing their socio-economic challenges such as poverty and unemployment.

Building a Youth Entrepreneurial Culture

Encouraging Youth Entrepreneurship Through Education

To provide an opportunity for the Youth to get hands-on experience and increase their awareness of the business and economic environment industry and business organisations should be involved in youth entrepreneurship programs at the college level.

Promoting Youth Entrepreneurship Through Media

Youth meets, seminars, festivals, and fairs, as well as using print media in the form of brochures, and banners, and interviewing successful entrepreneurs in the media are sure to build awareness and enthusiasm amongst the youth as well as change the perception of entrepreneurship in the society.

Successful Entrepreneur Role Models

Seeing someone taking up entrepreneurship and going on to become a successful entrepreneur does make other aspirants more confident of trying his or her hand at starting on their own. Success always prompts people to take risks and help the families and society accept the idea of encouraging the youth to take up entrepreneurial ventures.

The European Exchange Programme for Entrepreneurs

Erasmus for Young Entrepreneurs is a cross-border exchange programme which gives new or aspiring entrepreneurs the chance to learn from experienced entrepreneurs running small businesses in other Participating Countries. (erasmus-entrepreneurs.eu/)