In regions that have experienced conflict, it is particularly necessary to create livelihoods. Employment provides young people with much
more than an income: it gives status, and offers young people the chance to be independent, to marry, to travel and learn new skills, and build their future.
Young entrepreneurs who create new economic activities and decent jobs therefore play a critical role. They simultaneously inspire hope, promote stability, reduce aid
dependency, and generate economic development. Overall, one third of the world’s 1.8 billion young people are unemployed, educating themselves or training. One billion
young adults will enter the job market in the next decade, but only 40 per cent of the jobs they need already exist. This indicates the scale of the task that confronts
the next generation of social and economic entrepreneurs.