Our Partners: CITI Foundation
Youth Business International (YBI) and Citi Foundation have launched Youth Business Europe, a regional programme to support young people to become entrepreneurs. Citi, through its Pathways to Progress initiative will invest $1mn in the programme.
Youth Business Europe was established in six countries throughout Europe and will provide entrepreneurship training to 5,500 young people and help them to start or develop almost 1,700 businesses over the two years.
The regional approach of this partnership will enable the sharing of best practice, knowledge and methodologies by cross border interaction. The programme will tackle unemployment and drive sustainable economic development and will be implemented by YBI members (Positive Planet – France, KIZ– Germany, PerMicroLab – Italy, Qredits – the Netherlands, Youth Business Spain – Spain and Swedish Jobs & Society – Sweden), with the support of the respective Citi offices.
Rachael Barber, Head of Community Development, EMEA at Citi:
“Citi’s Pathways to Progress initiative is a commitment by Citi across the world to give young people the opportunity to develop their workplace skills and leadership experience and enable them to compete in the 21st century economy. We’re thrilled to partner with YBI and their member organisations to support young people in our cities across Western Europe.”
YBI is building on the successful experience of other regional programmes it has established, such as Youth Entrepreneurship Programme for Eastern Caribbean and Youth Entrepreneurship Programme for Latin America.
Andrew Devenport, CEO of YBI:
“A regional approach to a youth entrepreneurship programme ensures scale of impact through combining the resources, knowledge and capabilities of experienced YBI members working at national level to support young people start of grow their own business. Europe is in need of such a programme and I am confident that YBI’s regional model and Citi’s catalytic support will help tackle unemployment in Europe and drive the much needed sustainable economic development.”
The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world. We invest in efforts that increase financial inclusion, catalyse job opportunities for youth, and re-imagine approaches to building economically vibrant cities. The Citi Foundation’s “More than Philanthropy” approach leverages the enormous expertise of Citi and its people to fulfil our mission and drive thought leadership and innovation. For more information, visit www.citifoundation.com.
Capacity development workshops
- Theory of Change workshop – Germany, October 2015
The six countries in the programme came together in Offenbach, Germany, in a 2 days workshop to develop a theory of change for a youth entrepreneurship programme in Europe. The event was hosted by KIZ, YBI member in Germany and in country deliverer of the youth entrepreneurship programme.