Community area

Refocus, Retool, Reset: Insights from Youth Business International’s COVID-19 Rapid Response & Recovery Programme

Publications

Investing in young entrepreneurs’ resilience, business pivots and digital solutions is critical to supporting a generation whose economic futures have been hard hit by the COVID-19 pandemic, according YBI's latest report, Refocus, Retool, Reset: Insights from Youth Business International’s COVID-19 Rapid Response & Recovery Programme. 


As the devastating economic impact of COVID-19 exacerbates the global youth unemployment crisis, millions of young people around the world are at risk of falling behind and living in poverty. Since the start of the COVID-19 pandemic, 17% of young people employed before the outbreak stopped working altogether. MSMEs, especially those led by women, youth, ethnic minorities, and migrants, were significantly impacted by COVID-19 with 70-80% facing major financial difficulties.


The report – Refocus, Retool, Reset: Insights from Youth Business International’s COVID-19 Rapid Response & Recovery Programme – reflects on the insights from YBI’s 32-country pandemic rapid response and recovery programme which supported underserved entrepreneurs to build back stronger, be personally resilient, and ensure their businesses could endure a myriad of future shocks and harness new opportunities in a post-pandemic world.

 

Supported by

Other Resources

View all
Blogs

YBI adapts services and support for young entrepreneurs in response to the COVID-19 crisis

17.04.20
Blogs

“SOS Experts on Demand” – crisis mentoring for struggling small business owners in Israel

28.09.21

Those who make it possible

View all
Accenture

Accenture

Citi Foundation

Citi Foundation

IDB Lab

IDB Lab

Google.org

Google.org

Subscribe to our newsletters...