3. Confused ??????
Well, then you need to know this first.
According to the latest ILO statistics there are currently 73 million youth
unemployed, accounting for more than 50% youth unemployment in many
countries.
Across the world, there are currently 1.8 billion young people, of which two thirds
of those are underemployed.
According to Ministry of Labour & Employment, In India the unemployment rate
is 5.2% (of Total Population) and youth unemployment is 18% (of Youth Population)
There are currently 10.3 million young people in India looking for employment.
4. Young entrepreneurs around the globe urge G20 leaders to take action
against youth unemployment.
Their objective is to formulate strategies to reduce unemployment below
10% by 2030, and install youth entrepreneurship as a solution to
unemployment in the post 2015 United Nations Millennium Development
Goals.
Youth Entrepreneurship as
a solution….
5. When asked about their main frustrations, in a survey conducted by
Ernst & Young with 1000 young entrepreneurs across G20
countries-
73% say access to funding remains difficult in their countries.
51% of entrepreneurs would also like to see government programs
that provide education, funding and raised profiles, which they
believe could have a big impact.
Challenges to Youth
Entrepreneurship:
6. In the G20 YEA (Youth Entrepreneurs Alliance) Summit 18-22 July, 2014 in Australia,
the following key requests were put forward to the G20 leaders:
Facilitate the development of a methodology for financial institutions to provide
affordable finance to SMEs and develop regulations to accommodate the
development of new innovative forms of financing.
Promote close cooperation between the business and education sector
Install experiential entrepreneurship education programs in all layers of the
education system
Support the United Nations and ensure there is a major goal in the UN post 2015
development agenda on youth employment and entrepreneurship, especially young
women.
7. Problem : Youth Unemployment
Solution : Youth Entrepreneurship
Challenges : Lack of Access to Finance, and
Lack of Experiential Entrepreneurship
Education
10. Business Education Program - Sizzling Spark Plugs:
This is a comprehensive program that imparts Business education & help students grow as
Business Leaders through Training, Funding and Development.
At the end of the program, the SPARK PLUGS are destined to become TYCOONS.
#1 Training:
Education will be provided on all concepts of business management and administration.
#2 Incubation:
In this phase, students will be divided in to teams and asked to present their ideas. Teams with
best projects will be selected for incubation. Other teams shall be incubated on ABF group
businesses. Incubation includes Mentorship, Legal Counsel, promotion events and workshops.
11. #3 Funding:
ABF will provide investment to each team on their assigned project and give share of profits
back to those teams.
#4 Development:
On successful take-off, additional training and funding will be provided for expansion of the
projects with e-commerce solutions.
12. Business Associate Program _ Start-up Tycoons:
This is a program designed for people who already ‘sparked an idea’ for their own business
and are in start-up phase.
For such people we provide Incubation, Funding and Development.
This is a continuous improvement program that is aimed to accentuate the performance of
Business Associate in their chosen field of business.
#1 Incubation:
Mentorship, Legal Counsel, Firm Registration, Office Space, and Promotion events.
13. #2 Funding:
ABF will provide loans and investment aid for selected projects through
in-house Mutually Aided Cooperative Society and assistance to fetch
loans from other financial institutions, banks etc.
#3 Development:
Packages are available for services that include Firm Registration, Web design,
Marketing support, Franchise support, E-Commerce solutions, ISO Certification
etc.
14. The Hot Chair…
The Position…
The Certificate…
1. Entrepreneurs
2. Professionals
3. Under Employed Job Holders
15. We assure you :
1. Complete Experience of entrepreneurship with you
in the chair of
BOSS
2. The Positions 1 or 2 in the Pyramid
– Stand out from the Bottom of the
pyramid
3. A Certificate of INNOVATION & ENTREPRENEURSHIP,
and
a Certificate of
16. Step in and rule the business world..
All the best.