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The Future of Entrepreneurship: Training youths and students in creativity, innovation, and small business creation.
Description/achievement of initiative

The ICSB Academy provides students with a full immersion experience in the making of a new entrepreneurial venture, while exposing them to the latest developments in entrepreneurship science under the mentorship of a global team of successful entrepreneurship experts (including entrepreneurs, venture capitalists, business experts, and faculty).

Implementation methodologies

Participants in each cohort are paired with mentors and given time throughout the program to gain insights and advice on their ideas, learn from mentors’ experiences, and network to expand their professional networks.   What sets the ICSB Academy apart from other start-up boot camps are the resources and its absolute global nature. The ICSB Academy has drawn distinguished academicians from leading institutions of higher education from across the globe, entrepreneurs, venture capitalists, and business expert to culminate into the Global Faculty. Furthermore, case studies and success stories of real people, and learning modules on fundamental concepts and tools will help participants identify entrepreneurial opportunities.

Arrangements for Capacity-Building and Technology Transfer

Coordination mechanisms/governance structure

Partner(s)

International Council for Small Business (ICSB); US Small Business Administration (SBA); United Nations Department of Economic and Social Affairs (UN DESA); United Nations Conference on Trade and Development (UNCTAD); Organisation for Economic Co-operation and Development (OECD); The George Washington University, USA
Progress reports
Goal 8
8.3 - Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
12 / 2022
National strategies for youth employment supported in their development or operationalization in 2 countries (Indonesia, Philippines)
6 / 2019
1,000 young people supported through entrepreneurship training, advisory services, access to markets or access to finance
8 / 2019
1,000 young people trained in relevant skills, including technical and vocational skills, ICT skills and soft skills
9 / 2019
1,000 youth employment stakeholders supported through technical assistance, capacity-building or peer learning
Staff / Technical expertise
$100,000 USD- In-Kind support (via technical assistance).  Faculty members will donate their timt to teach in ICSB Academies in various countries. 
In-kind contribution
$500 scholarship to attend ICSB academy, which will cover the cost of registration (travel + accommodations not included). $500 x 200 Individuals = $100,000 USD

Basic information
Time-frame: 2019-05-01 - 2022-06-30
Partners
International Council for Small Business (ICSB); US Small Business Administration (SBA); United Nations Department of Economic and Social Affairs (UN DESA); United Nations Conference on Trade and Development (UNCTAD); Organisation for Economic Co-operation and Development (OECD); The George Washington University, USA
Countries
Contact information
Winslow Sargeant, Senior Vice President for Partnerships, wsargeant@icsb.org
United Nations