NL-KVK-41197577-The_Next_Economy_Supersize
SOS Children's Villages The Netherlands
The Next Economy - Supersize the Valley of Opportunity
Developing a significantly improved business climate improved for young entrepreneurs by the six Business Incubation Labs in Nigeria (3), Mali(1) and Somalia (2), herewith contributing to an inspiring ecosystem serving startups and small businesses to cooperate with each other and attract the attention and investments of the private sector, government and investors.
SOS Children's Villages The Netherlands
294000
161125
190502
201179
36015
36375
27866
40682
40682
21871
Output 20: Country transcending conferences to share best practices and lessons learned with regard to the Next Economy with representatives (stakeholders, labs) from Nigeria, Mali and Somalia and other countries
country transcending conference
Output 18: Meetings, conferences, presentations and other events on company matters are organized in six labs with participation of public and private stakeholders, including incubation, the implementing parties (SOS children's villages, 1% club, Enviu and Afrilabs) and their partners
meetings / conferences / seminars
Output 17: the business climate in Nigeria, Mali, and Somalia has improved through practical exchange between young entrepreneurs and stronger networks of corporates and investors that support young entrepreneurs
Networks/meetings of corporates and investors
3 meetings with relevant ministries, non-governmental partners, and stakeholders are organised. 0 corporate partnerships are initiated supporting the participating hubs
Output 16: Five well functioning labs in Nigeria (2), Mali (2) and Somalia (1), which create an inspirational working environment that is serving start-ups and small businesses
Business Labs able to offer quality training programmes on business start-up, incubation, and crowdfunding
Four existing hubs are able to implement crowdfunding and entrepreneurship training. One new hub established in Somalia
Outcome 4: the business climate for young people has improved thanks to 6 Business Incubation Labs in Nigeria (3), Mali (1), and Somalia (2) for young entrepreneurs by the six Business Incubation Labs allowing for an inspiring ecosystem to be created at the service of the start-ups and small businesses and attracting other business and investors
Business Labs with improved training, communication, and networking
Six business Incubation Labs in Nigeria (3), Mali(1) and Somalia (2), are contracted and their position in the busines climate is strengthened throught trainings, events and (social) media.
Output 19: (Social) media campaigns implemented, improving public opinion among young people in the 6 programme locations in Nigeria, Mali and Somalia on economic prospects in Africa improved
(social) media campaigns
NL-KVK-41197577-The_Next_Economy_MakeItWork_Employability
SOS Children's Villages The Netherlands
The Next Economy - Make It Work - Employability
In cooperation with the private sector, to educate and coach youth with skills connected to the demand of the local labor market, and therewith accompany them towards internships and/or a ‘decent job’.
SOS Children's Villages Somaliland
SOS Childrens Villages Mali
SOS Children's Villages Somalia
SOS Children's Villages Nigeria
220278
472000
263592
409443
Output 6: Training and inspirational sessions for youth (50% male, 50% female) aspiring a job in Nigeria, Mali and Somalia on the topics related to employability and securing of a job
Youth trained
Output 7: 1000 young people (50/50 female/male) in Nigeria, Mali, and Somalia have found an internship through the partnerships with al least five companies
Youth gaining on-the-job experience
Outcome 2: In December 2018 1.000 youth (50% men and 50% women) youth participating in the Decent Job Placement Program in the 7 locations in Nigeria, Mali and Somalia have found a decent job.
Youth who have secured employment through an existing job
NL-KVK-41197577-The_Next_Economy_MakeItWork_Entrepreneurship
SOS Children's Villages The Netherlands
The Next Economy - Make It Work - Entrepreneurship
Inspire, educate, coach and facilitate youth in setting up their own enterprise
1%Club
472000
536490
488799
578634
144061
95898
73466
107252
107252
87484
Output 4: 100 start-ups from Nigeria, Mali, and Somalia were able to validate their start-up idea.
Start-ups validating their business idea
Outcome 1: in December 2018, 300 youth (50% men and 50% women) in 7 locations of Nigeria, Mali and Somalia have created a job for themselves by means of independent entrepreneurship (startup) generating a sustainable income for themselves.
Outcome 1: in December 2018, 300 youth (50% men and 50% women) in 7 locations of Nigeria, Mali and Somalia have created a job for themselves by means of independent entrepreneurship (startup) generating a sustainable income for themselves.
young people have sustainable income through self-employment
Output 3: Plans for start-ups validated as viable, and for which as as a proof for its viability crowdfunding is mobilized by the aspirant youth entrepreneur, will classify for matchfunding, and start.
Start-ups successfully deploying crowdfunding
Output 2: Potential youth entrepreneurs develop their start-up idea, guided by challenges, simulation assignments, possibly inspired by replicable successfully implemented companies elsewhere (either in their own country or in the region). Most viable ideas will be validated.
Young people with a viable business idea
Young people with a viable business idea
Output 1: 4200 young people (50% male and 50% female in Nigeria, Mali, and Somalia are trained in entrepreneurship, financial business setup, business model canvas, innovation/creative thinking, crowdfunding/crowdsourcing, and social impact
Youth trained
Output 5: In December 2018, 50 of the 100 start-ups from Nigeria, Mali, and Somalia offer a financially statainable response to a local social problem
Start-ups responding to a social issue
NL-KVK-41197577-The_Next_Economy_GrowYourBusiness
SOS Children's Villages The Netherlands
The Next Economy - Grow Your Business
On 6 locations in Nigeria, Mali and Somalia, by the upscaling of startups to small and middle sized companies, jobs have been created for 400 youth (50% men and 50% women), generating them a sustainable income.
ENVIU
165400
220278
245774
210761
46152
80797
62933
24825
20000
74117
23334
65381
Outcome 3: on 7 locations in Nigeria, Mali and Somalia, by the upscaling of startups to small and middle sized companies, jobs have been created for 400 youth (50% men and 50% women), generating them a sustainable income.
Jobs created through up-scaling a existing busines
NL-KVK-41197577-The_Next_Economy
SOS Children's Villages The Netherlands
The Next Economy
The Next Economy program, financed by the Dutch Ministry of Foreign Affairs, is a three-year (2016-2018) pilot programme which aims to create employment for young men and women (14-25 years old) in Nigeria, Mali and Somalia. In collaboration with the private sector, adopting an innovative approach, vulnerable youth will be inspired, schooled, coached and financially facilitated to start a private enterprise and promising startups (impact driven companies) will be scaled up thus creating employment. Youth looking to be employed versus becoming an entrepreneur, will be prepared and coached towards a decent job. Next to creating sustainable income generation through direct jobs and ‘decent work’ for vulnerable youth, extra jobs will emerge in supply sectors by increased purchasing power. Herewith the program has a multiple social value: sustainable income generation for a large group of vulnerable youth, a stimulus to the local economy and bottom-up innovative solutions for social problems through impact driven companies. The Next Economy programme aims to provide highly motivated, but disadvantaged youth with the opportunity to develop skills which will help them to find employment, or start their own business. Through an innovative approach 4200 youth will be inspired, schooled, coached and facilitated to: • Start their own business, • Prepare them, in cooperation with the private sector, for a ‘decent job’, or • Upscale a promising start-up. Supporting the overall objective of 1700 youth getting into decent employment, a healthy and stimulating climate for entrepreneurship is crucial. In addition to the training of youth, the program creates prerequisites for this by construction of infrastructure for hotbeds, strengthening networks and via campaigns to raise awareness on local economic possibilities.
1: In december 2018, 300 youth (50% men and 50% women) in 7 locations of Nigeria, Mali and Somalia have created a job for themselves by means of independent entrepreneurship (startup) generating a sustainable income for themselves. 2: In December 2018, 1.000 youth (50% men and 50% women) youth participating in the Decent Job Placement Program in the 7 locations in Nigeria, Mali and Somalia have found a decent job. 3. On 7 locations in Nigeria, Mali and Somalia, by the upscaling of startups to small and middle sized companies, jobs have been created for 400 youth (50% men and 50% women), generating them a sustainable income. 4. The business climate for young people has improved thanks to 6 Business Incubation Labs in Nigeria (2), Mali (2), and Somalia (2) for young entrepreneurs, allowing for an inspiring ecosystem to be created at the service of the start-ups and small businesses and attracting other business and investors
Youth (age 15 to 30) seeking employment, and youth (age 15 to 35) seeking to start a business
One Percent Club
Enviu
Ministry of Foreign Affairs, The Netherlands
SOS Childrens Villages Mali
SOS Children's Villages The Netherlands
SOS Children's Villages Nigeria
SOS Children's Villages Somalia
SOS Children's Villages Somaliland
The programme is implemented in Lagos, Abuja, and Jos
The programme is implemented in Bamako and Sanankoroba
The programme is implemented in Mogadishu and Hargeisa
1419248
1323693
1326939
1596619
700000
716938
3548547
994751
1101372
1350000
1419394
OBJECTIVE 1: CREATE YOUR OWN JOB
300 young people have sustainable income through self-employment
# self-employed youth
OBJECTIVE 2: DECENT JOB PLACEMENT
1000 young people (50/50 male/female) who particpated in the decent job placement programme have found a decent job
# youth employed
OBJECTIVE 4: SUPERSIZE THE VALLEY OF OPPORTUNITY
the business climate for young people has improved thanks to 5 Business Incubation Labs in Nigeria (2), Mali (1), and Somalia (2)
Improved capacity of Business Labs / Hubs
OBJECTIVE 3: GROW YOUR BUSINESS
400 young people have jobs that provides for their sustainable income through up-scaling of start-ups
# youth employed