Fund a Budding Entrepreneur

by Junior Achievement (JA) Africa

 Summary

The “Fund a Budding Entrepreneur” Campaign supports the provision of entrepreneurship training, seed funding and micro grants for young entrepreneurs in JA programs across Africa. By offering our students a diverse array of programs, opportunities and resources, we are developing a generation of well-rounded and inspired leaders who are equipped with the skillsets and mindset to build thriving communities. Help us raise $100,000 to fund 100 entrepreneurs to foster job creation and innovation.

$100,000
total goal

$99,990
remaining

1
donor

0
monthly donors

18
days

Challenge

Sixty percent of the population of sub-Saharan Africa and about 37% of its workforce are youth under age 25. By 2025, two-thirds of Africa’s population will be under 25 years of age and Africa will be home to 25% of the world’s youth population. Every year approximately 7 to 10 million young people in the region enter into a weak labor market, where high unemployment, low productivity, and poverty-level income are commonplace. Across Africa, as the economies fail to create enough jobs for the o

Solution

JA Africa believes that mainstreaming entrepreneurship education holds a key to job creation not just through self-employment, but as small enterprise employs others. JA Africa has a goal to increase its annual reach from 300,000 to one million by 2025. Our theory of change is that if each of these young people establishes an enterprise that creates at least five new jobs, we can move the needle on youth unemployment across the continent.

Long-Term Impact

JA Africa Entrepreneurship Education Program Impact Study shows that most JA Company Program alumni have established businesses. Out of 514 in school alumni respondents, 72% had started a business since participating in the Company Program.Among 90 out of School youth alumni, an impressive 99% had started a business since completing the Company Program. The lasting impact of this project is the creation of socially conscious business leaders who will lead Africa’s economic resurgence.