2019 - 2022: Accelerating Youth-led Businesses in the Digital Era

YBI's regional programme supporting young people in India and Bangladesh to build and sustain thriving businesses and boost their economies.

In 2019, YBI and our members Bangladesh Youth Enterprise Advice & Helpcentre (BYEAH) and Bharatiya Yuva Shakti Trust (BYST) launched the ‘Accelerating Youth-led Businesses in the Digital Era’ programme, funded by IKEA Foundation, to support young people in India and Bangladesh to become successful entrepreneurs, break out of the poverty cycle, and create jobs for others.

Accelerating Youth-led Businesses in the Digital Era

In 2019, Youth Business International (YBI)  launched a regional programme funded by IKEA Foundation to equip young people in India and Bangladesh with the entrepreneurship skills they need to build and sustain thriving businesses, create jobs and boost local economies.

Over three years, the programme has:

  • Supported over 1,200 entrepreneurs to start a business
  • Helped over 1,600 entrepreneurs to increase their business knowledge and skills
  • Empowered entrepreneurs to create over 8,100 new jobs

Programme overview

Millions of young people in India and Bangladesh are unemployed or trapped in low-wage, low-skilled or unsafe jobs. Many lack the skills and capacities to succeed in today’s rapidly changing world of work, particularly regarding the adoption of digital technologies. Without access to a decent and stable income, young people struggle to provide a better future for themselves or their families.

Youth Business International's and IKEA Foundation’s joint initiative recognised the potential of youth enterprises to become engines for job creation and provided opportunities for more young people to get out of the poverty cycle. It supported over 3,200 entrepreneurs in India and Bangladesh to start over 1,200 new businesses and strengthen over 1,400 existing businesses – making a lasting impact on the lives of the entrepreneurs, their businesses and communities.

The programme was implemented by YBI members Bharatiya Yuva Shakti Trust (BYST) in India and Youth Enterprise Advice and Helpcentre (B’YEAH) in Bangladesh. The regional focus facilitated collaboration and sharing of learning, which can be scaled across the YBI network to serve young entrepreneurs around the world.

Programme Structure

The programme had three key components:

  • Design and implementation of country-level projects: young entrepreneurs were provided with training, mentoring, access to low interest loans and other business development support to start and grow their business;
  • Digital accelerator:  YBI’s innovative approach (developed with our flagship partner Accenture) enables members to explore, identify and understand their digital context, adapt their training to address digital skills gaps in young entrepreneurs and improve their own digital capacities; 
  • Understanding decent work: through research into decent work, YBI has developed a framework that supports members to implement training that helps young entrepreneurs understand their business and employer regulations and create positive business standards and decent work concepts.

Find out how the programme has supported young entrepreneurs Sabiha Islam Bithi (Purnota Craft) from Bangladesh and Swapnil Borge (M/s Swayog Agrotech) from India:

Member Organisations

 

Bangladesh Youth Enterprise Advice and Helpcentre (BYEAH)

Bangladesh

Bharatiya Yuva Shakti Trust

India

Our Funders

IKEA Foundation

IKEA Foundation

 

Resources

 

Publications

Impact Report 2021 - Empowering Young Entrepreneurs as a Force for Recovery

Publications

Impact Report 2020

Publications

Building the next generation of responsible businesses and leaders

News

YBI and IKEA Foundation support 3,200 young entrepreneurs and enable small businesses to create over 8,000 new jobs

News

YBI wraps up first year of our Accelerating Youth-led Businesses in the Digital Era programme with IKEA Foundation

News

Youth Business International and the IKEA Foundation partner to support young entrepreneurs in India and Bangladesh

Blogs

Supporting young entrepreneurs in India and Bangladesh to create decent work

Blogs

The Jute entrepreneurs bringing sustainable economic growth to Bangladesh

Blogs

Young entrepreneurs champion Decent Work in India and Bangladesh

Blogs

A researcher's reflections on our learning brief on decent work

Blogs

World Day for Safety and Health at Work: Supporting young entrepreneurs to become champions of Decent Work

Blogs

Building the next generation of responsible businesses and leaders

Blogs

E-commerce saves small business in Bangladesh

Blogs

Marking Human Rights Day with our commitment to Decent Work

Blogs

Celebrating Mentors this International Volunteer Day

Blogs

Smart initiatives to help small businesses embrace digital transformation

Blogs

Young entrepreneurs in Bangladesh go digital to weather the crisis

Those who make it possible

View all
Enel

Enel

IKEA Foundation

IKEA Foundation

Worshipful Company of Management Consultants

Worshipful Company of Management Consultants

IDB Lab

IDB Lab

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