Youth Employability and Entrepreneurship Ensuring young people gain meaningful economic opportunities is essential to reducing poverty and ensuring secure, stable societies. STEM Synergy builds the capacity of the new generation in order to create better economic benefits ( in the forms of jobs and businesses) that benefit themselves and their communities.
Youth skills and Innovation through access to :
Skills Development Training
Entrepreneurship and Jobs
Business Incubation & Acceleration
Micro-grants and Microfinance
Millions of youth are unemployed in Ethiopia due to the mismatch of skills and labor demand of the market following the 70% to 30% education policy to STEM and non- STEM grouping of fields of specializations.
While major science and technology jobs are outsourced to Chinese and Indians, the majority of Ethiopian college graduates in the STEM field are unemployed or underemployed as daily laborers.
The unemployed youth in the Science and Technology are underutilized and are not engaged with full potential to contribute to the economy due to lack of marketable hands-on skills. They need to be upskilled to benefit themselves and their country. And there are no opportunities for these target groups to engage them to economic activities.
Whereas these groups of graduates are trained to produce tools and technologies that help to eradicate poverty and backwardness in the nation, their knowledge is not put into full force and use so as to bring the intended outcome mainly due to lack of hands-on technical skills in science and technology.
Providing Economic Opportunities for unemployed youth in the STEM fields to enhance their employability and entrepreneurship. Preparing skilled and employable workforce to spur economic prosperity is an essential part of our intervention.
Business Incubation and Acceleration :
Encouraging youth to engage with innovations in manufacturing, technology, agriculture, water, energy, health and education which are the real problems of the developing world.
Equipping youth with hands on knowledge, skills, solutions and capabilities to solve local problems. Empowering them to see each local problem as opportunity to create jobs and businesses.
Youth Workforce Development
- Youth empowerment
- Youth employment & entrepreneurship
- Youth financial inclusion