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United Nations Department of Economic and Social Affairs Sustainable Development

The Future of Entrepreneurship: Training youths and students in creativity, innovation, and small business creation.

#SDGAction43170
Description
Description
The ICSB Academy provides students with a full immersion experience in the making of a new entrepreneurial venture, while exposing them to the latest developments in entrepreneurship science under the mentorship of a global team of successful entrepreneurship experts (including entrepreneurs, venture capitalists, business experts, and faculty).
Implementation of the Project/Activity

Participants in each cohort are paired with mentors and given time throughout the program to gain insights and advice on their ideas, learn from mentors’ experiences, and network to expand their professional networks.   What sets the ICSB Academy apart from other start-up boot camps are the resources and its absolute global nature. The ICSB Academy has drawn distinguished academicians from leading institutions of higher education from across the globe, entrepreneurs, venture capitalists, and business expert to culminate into the Global Faculty. Furthermore, case studies and success stories of real people, and learning modules on fundamental concepts and tools will help participants identify entrepreneurial opportunities.

Partners
International Council for Small Business (ICSB); US Small Business Administration (SBA); United Nations Department of Economic and Social Affairs (UN DESA); United Nations Conference on Trade and Development (UNCTAD); Organisation for Economic Co-operation and Development (OECD); The George Washington University, USA

Goal 8

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Goal 8

8.1

Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries
8.1.1

Annual growth rate of real GDP per capita

8.2

Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors

8.2.1

Annual growth rate of real GDP per employed person

8.3

Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services

8.3.1

Proportion of informal employment in total employment, by sector and sex

8.4

Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead

8.4.1

Material footprint, material footprint per capita, and material footprint per GDP

8.4.2

Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP

8.5

By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value
8.5.1

Average hourly earnings of female and male employees, by occupation, age and persons with disabilities

8.5.2

Unemployment rate, by sex, age and persons with disabilities

8.6

By 2020, substantially reduce the proportion of youth not in employment, education or training
8.6.1

Proportion of youth (aged 15-24 years) not in education, employment or training

8.7

Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms

8.7.1

Proportion and number of children aged 5‑17 years engaged in child labour, by sex and age

8.8

Protect labour rights and promote safe and secure working environments for all workers, including migrant workers, in particular women migrants, and those in precarious employment

8.8.1

Fatal and non-fatal occupational injuries per 100,000 workers, by sex and migrant status

8.8.2

Level of national compliance with labour rights (freedom of association and collective bargaining) based on International Labour Organization (ILO) textual sources and national legislation, by sex and migrant status

8.9

By 2030, devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products

8.9.1

Tourism direct GDP as a proportion of total GDP and in growth rate

8.10

Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all

8.10.1

(a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adults

8.10.2

Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider

8.a

Increase Aid for Trade support for developing countries, in particular least developed countries, including through the Enhanced Integrated Framework for Trade-Related Technical Assistance to Least Developed Countries
8.a.1

Aid for Trade commitments and disbursements

8.b

By 2020, develop and operationalize a global strategy for youth employment and implement the Global Jobs Pact of the International Labour Organization

8.b.1

Existence of a developed and operationalized national strategy for youth employment, as a distinct strategy or as part of a national employment strategy

Name Description
1,000 young people supported through entrepreneurship training, advisory services, access to markets or access to finance
1,000 young people trained in relevant skills, including technical and vocational skills, ICT skills and soft skills
1,000 youth employment stakeholders supported through technical assistance, capacity-building or peer learning
National strategies for youth employment supported in their development or operationalization in 2 countries (Indonesia, Philippines)
In-kind contribution
$500 scholarship to attend ICSB academy, which will cover the cost of registration (travel + accommodations not included). $500 x 200 Individuals = $100,000 USD
Staff / Technical expertise
$100,000 USD- In-Kind support (via technical assistance).  Faculty members will donate their timt to teach in ICSB Academies in various countries. 
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False
Action Network
Decent Jobs for Youth
This initiative does not yet fulfil the SMART criteria.
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Timeline
01 May 2019 (start date)
30 June 2022 (date of completion)
Entity
N/A
SDGs
8
Geographical coverage
Global
Countries
N/A
Contact Information

Winslow Sargeant, Senior Vice President for Partnerships

wsargeant@icsb.org