Entrepreneurship can offer opportunities to young people from challenging backgrounds for several reasons:
Self-determination: entrepreneurship allows individuals to take control of their own destiny. Instead of relying on traditional career paths or job opportunities, young people from difficult backgrounds can create their own ventures and define their own success.
Economic empowerment: This can help break the cycle of poverty and provide financial stability.
Entrepreneurship allows to develop transverse skills like identifying gaps in the market and creating innovative solutions, problem-solving, leadership, and resilience which are highly valued in the professional world.
Start to create a network: the entrepreneurial journey offers opportunities to connect with mentors and advisors. With the help of Junior Achievement, the young can start to create first established connections
Social impact: Entrepreneurship can be a powerful tool for social change. Young entrepreneurs from difficult backgrounds often have firsthand experiences of the challenges faced by their communities. They can make a positive impact, contribute to community development, and inspire others.
Junior Achievement offers a range of programs that provide practical entrepreneurship education to young people. They specifically focus on job readiness, financial literacy and entrepreneurship.
With the support of Think Human Foundation, they started the 3-year project in 7 different countries to impact over 1500 students who have limited opportunities.
