Friends of the Unemployed Youths Network

Entrepreneurship is not just a mixture of ideas, desires for success and a trend away from employment, integration with the right business partners and the issues of obtaining the initial capital, but largely also depends on the laws in each country and the infrastructure that the particular country offers.
Countries with better entrepreneurial infrastructure (technology parks, university incubators, etc.) are definitely more open to competition and entrepreneurial activities than others. Globally interesting and internationally comparable study made each year by GEM (Global Entrepreneurship Monitor) (2008) notes that more and more people around the world are dealing with entrepreneurship.
Schools for entrepreneurship are an important link between theoretical knowledge and practical involvement in the market. The international economic crisis has further accelerated the flow of restructuring, while unemployment continues to rise. It is therefore necessary to adopt measures that will help people with self-employment and, ultimately, in achieving a dignified life. Following the above background, our contribution in this project will be built on the hypothesis that where there is a higher rate of unemployment, more youths should be mentored and guided to treasure in formation of innovative entrepreneurship ventures/initiatives. We believe that through entrepreneurship alone something positive has been released but this time in this forthcoming project, we seek to integrate innovations in entrepreneurship basing on hobbies, skills, educational careers/professions, situations in the communities and talents to create ventures or initiatives which will in turn create avenues for job creation for the unemployed youths among the partner countries that will participate in this project.
Encouraging entrepreneurship, together with 3 strategies below:
developing industries,
making education cheaper and governments partnering with private sectors
has been looked at as the most lasting solution to youths’ unemployment. By https://brainly.com/question/2865005#readmore
In spite of most entrepreneurship initiatives emerging tremendously worldwide, 30 to 40 percent of them collapse at young stages of growth/development due a number of factors which include, limited resources, being rigid to adopt and be flexible, competition, lack of accountability among others.
(http://constructionexec.com/article/top-10-reasons-change-initiatives-fail )
https://hbswk.hbs.edu/item/why-companies-failand-how-their-founders-can-bounce-back
Our efforts as mentioned earlier is to rotate around entrepreneurship but this time looking at how innovations can largely be integrated basing on the following:
hobbies, skills, educational careers/professions, situations in the communities and talents as sources of initiatives formation, these could be either nonprofit or profit initiatives. We also intend to see that the further collapse of the entrepreneurs/initiatives in early stages of growth is reduced to 25% among those which will have started within the project time frame.
Project goal: Empowering of unemployed youths to start their own initiatives and be able to contribute in strengthening their nations’ social-economic sustainability development.
Project objectives:
a) Building youth capacities to be able to start and manage initiatives.
b) Creating platforms/networks of proposal writing international personnel for the purpose of securing funds for youth’s initiatives until their maturity.
c) Reducing youth unemployment by 40% among the partner participating countries.
d) Building the youth workers capacity to train, mentor and represent the youth formed initiatives in partner participating countries to any source of resource availability opportunities worldwide.
e) Strengthening partner participating countries’ economies as a result of formed initiatives.
f) Transferring of expertise by the benefiting youths ‘initiatives to other youths for the purpose of replication of the idea.
g) Linking of current traditional entrepreneurship ways of initiatives formation to innovation entrepreneurship initiatives formation.
We are looking for the any EU Organization/University willing to further more develop the project and serve as the lead applicant of the project.