There’s much buzz around the world these days about harnessing the potential of youth to ignite future economic growth and development. As society’s most idealistic group, they are full of energy and new ideas to start a new venture or challenge the status quo. Yet youth, more often than adults, face myriad of challenges to becoming entrepreneurs.
In this week’s Economic Reform Feature Service article, three winners from CIPE’s 2012 International Youth Essay Competition in the Entrepreneurship and Innovation category, explore various topics about youth entrepreneurship, including: what barriers do young entrepreneurs in their countries face in translating their ideas into products and services? How do young entrepreneurs foster new ways of acting and thinking?
Thank you for everyone who participated in CIPE’s 2012 Youth Essay Competition! We received over 330 submissions from more than 60 countries, including Democratic Republic of Congo, Egypt, Kazakhstan, and Zimbabwe. It is truly inspiring to read about personal struggles and accomplishments of so many young entrepreneurs around the world.
The essays are currently being reviewed by a panel of international judges with experiences in youth empowerment and entrepreneurship. They are:
- Arpita Nepal, Samriddhi (The Prosperity Foundation)
- Brent Ruth, Program Officer, CIPE
- David Shelby, US Department of State
- Dipanwita Das, Atlas Corps
- Frank Brown, Program Officer, CIPE
- Roberto Urbieta, Director, Fundacion Paraguaya
- Ruslan Stefanov, Director, Center for Study of Democracy, Bulgaria
- Seif El Khawanky, Program Officer, CIPE Egypt
- Waqas Masud, former Chairman of Youth Committee at the Islamabad Chamber of Commerce and Industry
The winners will be announced in February 2013, so stay tuned!!
Maiko Nakagaki is Program Officer for Global Programs at CIPE.
This week’s Economic Reform Feature Service articles highlight the final two winning essays from CIPE’s 2011 International Youth Essay Competition. Riska Mirzalina and Ruth Nyambura, the second and third place winners respectively in the Corruption category, discuss how youth in their countries can engage in anti-corruption movements and advocacy to change the status quo.
In Riska Mirzalina’s “The Cost of Corruptions: A Tale from Indonesia” she points out that:
- While Indonesia is a land of abundant resources, corruption prevents the country as a whole from benefiting from them.
- The change from a centralized government to a decentralized government has not had the desired affect and has actually provided more opportunities and alternate paths for people to participate in corruption.
- Entrepreneurs, businesses, and associations must unify in their effort against corruption and bribery. The cost of not doing so is increased poverty, human suffering, and underdevelopment.
In Ruth Nyambura’s “Generation Now,” she talks about how:
- A large percentage of Kenya’s GDP is used to repay foreign aid. Much of the foreign aid is lost or misappropriated due to corruption.
- “Kitu kidogo” is a Kiswahili euphemism for a bribe. Bribes are pervasive in all facets of Kenyan life. As a result many entrepreneurs are choosing to leave the country, which has a negative effect on Kenyan society as a whole.
- The new generation will bear the brunt of corruption. Therefore the youth should refuse any form of corrupt practices including cronyism, nepotism and tribalism. By utilizing technology and adopting social media platforms the youth can fight corruption.
Thank you for everyone who participated in the 2011 competition! We recently closed the 2012 CIPE Youth Essay Competition, and look forward to reading them and announcing the winners in spring of 2013!
Attention all young entrepreneurs: there’s less than two weeks left to submit your essay for CIPE’s International Youth Essay Competition! CIPE wants to hear stories and experiences from youth around the world between the ages of 18-30 years old about entrepreneurship and democracy. we’re accepting essays in the following three categories: Beyond technology; Inclusive Growth: The entrepreneurial environment for scaling up business; and Social transformations: The role of entrepreneurs in building democratic societies.
In addition to winners receiving a $500 honorarium and getting published in CIPE’s Economic Reform Feature Service articles, one grand prize winner will be invited to an all-expenses paid trip to attend CIPE’s upcoming Democracy that Delivers for Entrepreneurs conference in Chicago in April 2013!
So don’t wait until the last minute: submit your essay by Sunday November 18, 2012!
Entrepreneurs start their own businesses for variety of reasons. Some may have stumbled upon a great idea and had the right opportunity to sell a viable product. Others might have started their own business because they were frustrated with the lack of formal jobs offered in their communities. Whatever the reason may be, they all have one thing in common: entrepreneurs are all highly-motivated and creative innovators. CIPE wants to hear stories and experiences from such individuals.
CIPE invites entrepreneurs between the ages of 18 – 30 years old to share their stories about entrepreneurship in the following categories for CIPE’s International Youth Essay Competition: Entrepreneurship and Innovation: Beyond technology; Inclusive Growth: The entrepreneurial environment for scaling up business; and Social transformations: The role of entrepreneurs in building democratic societies.
In celebration of Global Entrepreneurship Week, the deadline for the competition has been extended to Sunday, November 18, 2012.
Tell us your story. Inspire others to become entrepreneurs.
What better way to celebrate International Democracy Day than to tell us your story about democracy and entrepreneurship! From Liberia to India, stories about how entrepreneurship is helping build democratic societies are appearing from many parts of the world. CIPE wants to hear opinions of youth (aged 18 – 30) on this topic. The categories for CIPE’s International Youth Essay Competition includes: Entrepreneurship and Innovation: Beyond technology; Inclusive Growth: The entrepreneurial environment for scaling up business; and Social transformations: The role of entrepreneurs in building democratic societies.
There’s only a month left until the deadline, so don’t wait until the last minute to submit your essay!
In the spirit of Global Entrepreneurship Week, today CIPE published three winning essays from the 2010 International Youth Essay Contest as Economic Reform Feature Service articles. These essays in the category of entrepreneurship and society show how youth are thinking creatively about barriers to starting businesses and what they can do to overcome those challenges. CIPE also interviewed all the winning authors on why they participated in the contest, what actions they’ve taken in their home countries to create more opportunities for youth, and what they believe to be the biggest challenges to democracy and a new generation of leaders. Please enjoy their thoughtful responses below!