[Application round now closed] A new challenge to stimulate small businesses in emerging markets:
Around the world, small businesses form the backbone of a healthy economy, generating employment, wealth and ultimately, global prosperity. But for these businesses to grow, they need to attract middle and senior level managers who are skilled enough to guide these dynamic firms. Yet this can be challenging in emerging economies where high-caliber talent can be difficult to identify and often attracted to more established organizations.
To address that challenge, the Argidius Foundation and the Aspen Network of Development Entrepreneurs (ANDE), announced a new opportunity: The Argidius–ANDE Talent Challenge. The challenge seeks to source and help scale promising solutions that address critical human capital constraints for small and growing businesses (SGBs) in emerging markets.
The application round is now closed, but you can see the full press release here.
Youth unemployment is a global problem, especially in developing and emerging markets. One of the reasons for this is the mismatch between employable skills and current approaches to education. Entrepreneurs have an important role in helping bridge the gaps that keep young people from moving smoothly from education to employment. This report explores what this role is, and how to strengthen the opportunities for education-focused entrepreneurs.
This report focuses on the state of the global SGB sector, and also dives into regional trends. First, we provide an overview on intermediaries in 2014, including data on capacity development services, direct investments into SGBs, and donor funding. Next, we highlight trends and activities at ANDE’s five most established regional chapters: Brazil, Central America/Mexico, East Africa, India, and South Africa. We also expose current challenges for the sector to address, such as how to recruit and retain talent, improve entrepreneurial acceleration, and increase donor support to fulfill global development goals.
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