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In regions affected by conflict, corruption or poverty, governmental jobs may be seen as more secure and entrepreneurship is often seen as a necessity. However, small and medium sized enterprises (SMEs) can create jobs for young people, and support local economies.
To foster a culture of entrepreneurship among youth in fragile or conflict affected regions, SPARK supports young men and women to launch their own businesses so they can become financially independent. We also assist existing businesses to grow and expand, acknowledging the direct link between business growth and job creation. We focus on businesses in sectors with large growth potential and in areas where youth unemployment is high.
By providing technical and capacity-building training for existing SMEs and young entrepreneurs, we enable more businesses to gain access to the market, as well as access to finance. Existing entrepreneurship structures are strengthened through our work with academic institutions to instil knowledge of entrepreneurship in education.
By now, over 7,000 businesses have benefitted from our financial- and technical support, which has resulted in the generation of more than 26,000 jobs. Many more SME’s can benefit from similar coaching programmes. To read more about our experiences and lessons learned, download the SPARK introduction to the SME coaching manual. Interested in the complete manual, or the services that we can provide? Contact us.