Business Acceleration for Youth Project - September-December 2024

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en

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Nkhambule, E.; Slane, D. (2024) Business Acceleration for Youth Project - September-December 2024. 22 p.

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BUSINESS ACCELERATION FOR YOUTH PROJECT

The Alliance of Bioversity International and International Center for Tropical Agriculture (CIAT) is implementing the Business Acceleration for Youth project to reduce humanitarian assistance needs in Malawi’s resilience focus zones by accelerating youth-owned businesses. The project aims to accelerate and invest in youth-led enterprises to foster job creation, greater access to financing, diversified incomes, a more inclusive private sector and improved household resilience in targeted districts of Mangochi, Balaka, Machinga, Zomba, Chiradzulu, Chikwawa, Nsanje, Mulanje and Thyolo.

The implementation approach is framed around a resilience-led sustainability strategy that aims to strengthen the resilience of Micro Small and Medium Enterprises (MSMEs), which includes startups and established firms by providing business development services, technical support and access to finance, creating growth-orientated, sustainable firms able to secure and effectively utilize investment.

Contributes to SDGs

SDG 1 - No poverty
SDG 3 - Good health and well-being
SDG 8 - Decent work and economic growth
SDG 9 - Industry, innovation and infrastructure
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