Youth Employment Project (YEP)






Program Overview

More than 60 percent of Pakistan’s population is currently under the age of 30, with over 31 percent falling in the 15-29 years’ age bracket. This youth bulge offers prospects for peace and growth driven by dynamic, engaged and productive young citizens. It also provides a unique opportunity and resource for Pakistan’s economic and social development, provided that youth are appropriately skilled and educated in order to meet the requirements of the labor market. However, a large proportion (32%) of youth are uneducated with no vocational skills; consequently, they remain either unemployed or underemployed.

The Youth Employment Project by UNDP Pakistan is a targeted response to this challenge and aims to improve human capital profiles of Karachi’s youth as a means of facilitating their integration into formal employment opportunities. UNDP Pakistan has engaged IBA to facilitate Entrepreneurship training and mentoring of 500 vulnerable youth in marginalized areas of Karachi. Building on IBA’s extensive experience of working with Entrepreneurs throughout Pakistan, the Youth Employment Project will provide these young men and women from some of the most impoverished areas of Karachi with opportunities to acquire Entrepreneurial skills to develop the mindset and start their own businesses.

The project aims to provide Entrepreneurship and Life Skills training to vulnerable youth primarily from 17 marginalized areas of Karachi that include Lyari, Korangi, Sultanabad, Landhi, Malir, Shah Faisal, Orangi, Baldia, SITE town, North Karachi, New Karachi, F.B. Area, Liaquatabad, Mehmoodabad, Qayyumabad, Lines Area, Pak Colony and Nazimabad. The potential beneficiaries will be the students and graduates of various technical training programs at STEVTA Technical Training Institutes and other Technical Training Institutes in Karachi. It envisions that at least 75 percent of the trained youth will utilize their technical skills coupled with Entrepreneurship skills provided by IBA to start their own businesses after completion of the training.

The project also encompasses training of 50 STEVTA Faculty Members to develop their mindset and promote the message of Entrepreneurship to their students in their respective training institutes.


Program Highlights:

Initially, IBA will train 50 STEVTA Faculty Members in IBA City Campus. The training will involve developing their mindset with the award-winning Entrepreneurship curriculum of IBA. They will be taught how to promote this mindset among their students. After training, they will become IBA Teaching Fellows and will be part of IBA team for training of students.

For 500 youth, IBA will conduct a 50-hour Entrepreneurship certificate course in IBA City Campus. The certificate course is aimed at providing Entrepreneurship and Life Skills Training to start their own businesses.

The program will have following salient features:

- The curriculum will be based on a mix of classroom training and experiential learning exercises
- The students will be given 8-days training, spread over a period of 2 months
- After completion of training at IBA, select successful Entrepreneurs will provide mentoring and hand holding to these students to support their small startups
- IBA will also provide these students a unique opportunity to become part of a large Entrepreneurial network throughout Pakistan
- The students are provided 100% scholarship and stipend, sponsored by UNDP Pakistan


Benefits of the Course

- The participants will gain access to quality course material, which will serve as foundation for their entrepreneurial venture.
- Internationally trained faculty will facilitate the learning process
- Set up linkages and networks to gain practical exposure to what they want to do.
- Leverage the IBA CED existing eco-system and network
- Possibility of Incubation space at IBA
- Increase in confidence and decision-making abilities.


Schedule
Availability of Admission Forms September 17, 2018
Last date for submission of Admission Forms September 22, 2018
Interviews by IBA Team September 24, 2018 to September 29, 2018
Commencement of classes October 02, 2018

Selected candidates will be informed by IBA via telephone for details of course.
For more information:
Ph: 021-38104700 (Ext. 2659)
imkhan@iba.edu.pk

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