According to Small Business Association, nearly one-third of all new businesses crash and burn within the first two years. The number one culprit is the lack of business acumen and market insight. The cycle continues when many become afraid to start their own ventures, after seeing so many fail around them.
Asma Jannat and Munni Aktar, two classmates from Cox’s Bazaar, had to drop out of school when they were in class 8. Their families could no longer afford to keep them in school. What they faced later is a story that is all too common in South Asia - the pressure to get married.
On International Youth Day this year, we focus on the need for safe spaces for young people. Safe spaces can be civic, public, digital or physical spaces where young people can participate in key decisions and express themselves with dignity and safety.
Welcome to the Global South of today. Entrepreneurship is on the rise. Innovation is blossoming. Opportunities are endless if we can harness the power of youth. This November, we are bringing young activists together with policymakers, social entrepreneurs, and development practitioners for the 6th Annual Frugal Innovation Forum(FIF) - rethinking and co-creating solutions that scale opportunities for youth.
It is no secret that Uganda’s infrastructure projects are extending beyond the capital city. However, it is a double-edged sword. There exists the ‘invisible’ effect, the dark side of these projects - especially for children and women.
When BRAC, one of the world’s largest NGOs, tried to digitize its paper-based record system to improve decision making and provide continuous improvement for its skills development programme in Bangladesh, it hit a wall.