(Watch the video in Spanish.)
During late August 2013, CIPE program officer Brent Ruth and I had the opportunity to travel through Peru to meet with EmprendeAhora alumni who have become amazing entrepreneurs. The purpose of this trip was to conduct an evaluation of the impact these alumni are having in their regions; however, I never could have imagined the impact their stories would have on me.
It was extremely motivating to hear how these alumni, with a little help from the EmprendeAhora program, gained the confidence to believe in themselves and in the entrepreneurial initiatives they’d only dreamed of before. Even more impressive was that they were all interested in doing business with a purpose. For them it was as important to have a positive social impact—if not more important— as to make a profit.
In order to share the positive social impact the EmprendeAhora alumni are having in their regions, Brent and I filmed our interviews with the alumni we met with in Peru. Throughout this year CIPE will publish a series of videos. The first video in the series tells the story of 2008 alum Jorge Luis Cueva Ramírez, co-owner and manager of a retreat hotel, Casa Cumbray Hotel de Campo in La Libertad, Peru.
Celebrating Global Entrepreneurship Week in Pakistan.
Fayyaz Bhidal is a CIPE-Atlas Corps Think Tank LINKS Fellow at the Atlantic Council.
According to the Economic Survey of Pakistan 2010-11, out of labor force of 55 million people, over three million are unemployed or underemployed, and the official unemployment rate in urban areas is double that of rural areas.
Marred by an acute energy crisis, militancy, political instability and host of other issues, Pakistan’s annual GDP growth rate is stuck at little above three percent, while the population is increasing at a rate of over two percent per year. This means that every year, roughly two million people enter the labor force. If the current situation is unchanged, the unemployment rate in the country will rise precipitously in the years to come.
According to the Planning Commission of Pakistan, providing jobs to the unemployed — both existing and those entering the labor market every year — requires an annual GDP growth rate of nine percent. Given the fact that both industrial and agricultural sectors are observing negative growth in real terms, and largely uneducated youth cannot be absorbed into the relatively well performing services sector, there seems no way the government will be able to curb this ever-increasing unemployed population.
One of the ways out of this otherwise gloomy national economic picture is to promote youth entrepreneurship. For a society like Pakistan, youth entrepreneurship is a new concept, and will require some serious efforts for promotion to an extent where it will start contributing to annual GDP growth and for extending decent employment opportunities to the youth.
Azerbaijani students attending a two-day seminar on entrepreneurship December 27-28 respond to the question, “who believes that they could start their own business?”
Forty percent of Azerbaijan’s population is under the age of 25, but less than a third of Azerbaijani youth are employed. This is partly due to economic policies that have restricted the private sector, particularly small and medium-sized businesses, leaving many young people to regard the government as their only path to employment. Topics such as free market economics, democratic governance, and entrepreneurship are largely absent from university curricula, and many young Azerbaijanis are not even aware that starting their own business is even a possibility, let alone a viable career option.
Since 2011, CIPE together with the Entrepreneurship Development Foundation (EDF) and its partner the Baku Education Information Center (BEIC) have trained 92 young Azerbaijanis on economics and business topics – and this number will be more than doubled as the training programs are scaled up in 2014-2015.
Participants, ranging in age from recent university graduates to mid-career professionals, attended weekly seminars over a ten-week span, tailored to the local context, based on CIPE’s Development Institute materials which were designed to improve young people’s understanding of the core democratic values underpinning entrepreneurship and the functions of a free market economy.
On January 24 at the U.S. Department of State, CIPE, Atlas Corps, and the Office of the U.S. Special Envoy for Sudan and South Sudan co-hosted a welcome event for the new class of Atlas Corps Fellows including five participants of the CIPE-Atlas Corps Think Tank LINKS Fellowship.
As mentioned in a previous post, this year’s Think Tank LINKS fellows represent various regions around the world and either come from leading think tanks back in their home countries or will be serving at top-tier organizations in Washington, DC.
CIPE and Atlas Corps are welcoming our second class of the Think Tank LINKS Fellows! Five young researchers from around the world have come together in Washington, DC to participate in a six month leadership development program. The fellows will shadow researchers and experts at leading Washington, DC-based think tanks to learn best practices of successful U.S. think tanks while conducting research on issues of democratic or economic reform.
We’re excited to introduce our newest class of Think Tank LINKS Fellows to everyone!
CIPE Pakistan joined the global community in celebrating the Global Entrepreneurship Week. This year, CIPE’s Pakistan office invited 70 Universities and 140 Chambers and Associations to celebrate GEW. In addition to a number of activities during the week, CIPE Pakistan engaged entrepreneurs and bloggers in Karachi, Lahore, and Islamabad to share untold entrepreneurial stories online. As a result of this initiative, 43 untold entrepreneurial stories were published.
By Rami Shamma and Stephen Rosenlund
From the start of Lebanon’s celebration of Global Entrepreneurship Week, the Development for People and Nature Association (DPNA), with the support of CIPE, has been actively advancing the tenets of entrepreneurship across various segments of Lebanese society.
DPNA and CIPE have been implementing an entrepreneurship education project in Lebanon since 2006 under the Entrance to Enterprise / Fostering Free Enterprise in Youth banners. Within the past two years, DPNA has worked closely with the Ministry of Education’s Center for Educational Research and Development (CERD) to make high-quality entrepreneurship education available to all high school students in Lebanon. Most recently, and in conjunction with GEW 2013, DPNA has worked with the ministry to roll out a national strategy for Life-Long Entrepreneurial Learning that will reach children and adults at all levels of education. This approach also supports and encourages civil society organizations, along with public and private sector institutions, to nurture the entrepreneurial spirit within Lebanese society.