The selection of this theme summit for creating opportunity of youth employment and create enabling environment for young people for economic development in world and their respective country . As part of the 2030 Agenda, the Sustainable Development Goal 1 No Poverty and Goal 2 Zero Hunger, Goal 8, entitled Decent Work and Economic Growth, includes targets pertaining to young people and entrepreneurship. SDG 10 on Reducing Inequalities, calls for the development of economic and social policies clearly considering and addressing the needs of vulnerable populations. Also the goal 4 good health ad wellbeing, goal 4 quality education, goal 5 gender equality are the cross cutting goal to address the issues of young people as well as goal 13 climate action is major concern of young people to protect the planet. The all goals ultimate motion for economic empowerment.
Social enterprises, with their hybrid goal of being financially effective and socially transformative, are particularly apt at generating locally-driven responses to a wide array of issues hindering collective social progress and economic development, especially for vulnerable groups. Social enterprises therefore bring a unique contribution to achieving SDG 8 and SDG 10 and SDG 15. And when they are led by young people, they also contribute to youth development and empowerment and create employment based on sustainability framework. However, social entrepreneurship is not only a tool for the generation of youth employment and development opportunities and the reduction of inequalities, it is also an instrument to help achieve all other SDGs. Where national or local authorities are unable to provide sufficient opportunities, spaces or services, social enterprises often create nimble and tailored responses to these unmet needs. This is where young people’s creativity and capacity for innovation further bolster social entrepreneurship endeavors’. Young social entrepreneurs are particularly poised to reach, service and give a voice to vulnerable groups or people living at the “last mile” (e.g. indigenous people, people with disabilities, older people, minorities and migrants, refugees and IDPs, people living in slums, women, youth, LGBTIQ and rural communities.
For this to become significantly more widespread, and for youth social enterprises to reach their full potential, ecosystems composed of conducive policies and regulatory frameworks need to be put in place. Together, these policies need to foster dynamic skills development, ensure the availability of sufficient financial capital, generate efficient technical support, and develop an enabling infrastructure. Also, an empowering culture and societal norms supportive of social entrepreneurship are also needed to fully reap the benefits of youth social entrepreneurship.
With the implementation of the 2030 Agenda fully underway, there is an urgent need to articulate forward-looking and highly actionable policy recommendations for youth social entrepreneurship to become a paramount solution in efforts to “leave no one behind”. In this regard this international hybrid conference provide the young entrepreneurs for sharing their knowledge, issues and concern as well policy recommendation on system change for enabling environment for social entrepreneurs’.