In this youth employment project, we are working with the National Incubation Centre, Lahore – an incubation and acceleration platform that facilitates startups to become successful businesses.
To date, 180 micro-enterprises have been incubated – increasing incomes and jobs for young people. The project has now run in Lahore, Balochistan and Karachi.
“The biggest benefit of the programme was that I was able to develop my own business plan… I also gained insight into how to manage, grow and expand the business.”
Four million people reach working age in Pakistan every year, yet among 16-24 year olds the same number of are out of work.
A rapidly increasing youth population and a lack of jobs puts young Pakistanis at risk of exclusion, income inequality and reduced prospects, and is a significant challenge to Pakistan’s productivity and economic potential.
- We’re developing the capacity of micro-entrepreneurs to run viable businesses within a changing economic and technological landscape.
- We’re providing decent livelihood opportunities for young people from low-income and marginalised communities (including disabled people, women and transgender individuals).
- We’re providing young micro-entrepreneurs with a custom-designed incubator environment, where they can develop skills (including leadership skills), share learning, discover synergies and create new solutions.