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Essay competition on youth entrepreneurship
World Bank invites young people to share ideas on youth entrepreneurship in times of the global financial crisis. The deadline for submitting essays is September 22, 2009.
Young people worldwide face difficult labour market prospects. Depending on the region, youth unemployment is easily 2-3 times higher than for adults.
Especially in developing countries, the school-to-work transition can be a long and tedious process, during which young people leave school, become jobless and spend time moving between unemployment, inactivity and informal employment.
In the quest for strategies to boost employment for young people, entrepreneurship is often seen as an important means and a useful alternative for income generation. With most of the overall job creation usually stemming from small enterprises, supporting youth entrepreneurship is now often regarded as an additional way of integrating youth into the labour market and overcoming poverty.
The Y2Y Global Youth Conference 2009 Essay Competition invites youth to share ideas on:
- What are the constraints to youth entrepreneurship in your country?
- Has the global crisis changed the dynamics?
- How can governments help young entrepreneurs to create and further develop their social and productive ventures?
Submission guidelines:
- Submissions will be accepted starting September 1, 2009;
- Open to participants globally aged 18- 30 (winners will need to provide proof of age);
- Essays must be submitted in English only;
- Essays can be submitted as MS Word documents (.doc) or in Adobe Acrobat (.pdf);
- Only one entry is allowed per person;
- All submissions must be the author’s original work, and should not have been previously published anywhere;
- Winners agree to have their essay published on the Y2Y website and/or Newsletter.
Deadline:
The deadline for submissions is September 22, 2009 5:00pm.
Prize:
- Winner will receive a $1,000 laptop sponsored by LAC Development Marketplace and the opportunity to be published in a World Bank working paper.
- Two runners-up will each receive a Y2Y bag and a copy of the film being showcased at the conference this year.
- The best three submissions will be published on the World Bank Y2Y website.
How to submit:
Please submit your essay electronically to y2yessay2009@gmail.com
Source: World Bank
