Consultative meeting on Youth Entrepreneurship Academy, 15 October 2019 in Shenzhen, China

           

Concept Note

Consultative Meeting on South-South Entrepreneurship Academy

Date: October 15

Venue: TusStar, Shenzhen, China

Background

South-South Entrepreneurship Academy is organized under the platform of the United Nations Office for South-South Cooperation (UNOSSC) – Youth for South as part of its activity for the Asia-Pacific Region, with some inter-regional collaboration particularly with Africa. The programme provides training for youth leaders from the Global South, to develop their entrepreneurial capacity and to cultivate an inclusive and sustainable mindset. The intention of the organizers is to convene two events in Hong Kong annually, in March and November respectively, each with a specific thematic focus for training. The project is targeted at achieving SDG 8 Target 8.6, “By 2020, substantially reduce the proportion of youth not in employment, education or training”.

The piloting cohort for 2019 was convened in April 2019, which provided valuable experience to reflect on and learn from. A more systematic framework needs to be established to ensure the effective delivery of the desired impacts. Furthermore, a number of organizations have initiatives in youth entrepreneurship.  The final design of the Entrepreneurship Academy can benefit from knowledge-sharing with other partners. Therefore, a consultative meeting will be convened in October with the following objectives.

Objectives

  1. To foster knowledge and experience exchange among the institutions promoting youth entrepreneurship in Asia-Pacific.
  2. To establish a conceptual framework of the programme South-South Entrepreneurship Academy and to discuss its longer-term planning.
  3. To forward and strengthen existing and potential partnerships.

Host:

  • United Nations Office for South-South Cooperation
  • Shenzhen Foundation for International Exchange and Cooperation

Co-host:

  • TusStar
  • Gratia Christian College

Date: 15 October 2019

Proposed number of participants: 20 participants

Participating institutions

  1. United Nations Office for South-South Cooperation continually seeks to showcase and transfer forward-thinking Southern development solutions to development partners to meet the critical development challenges of today. Furthermore, UNOSSC seeks to work with specialised UN Agencies, governments and the private sector in the areas of their competency to strengthen development through South-South Cooperation.

 

  1. Gratia Christian College, through its business school, and particularly, the Centre for Business and Social Sustainability and Innovations (BSSI), are focused on nurturing a generation of students that are enabled to reach their full potential by providing a high-quality education and cultivating a commitment to community service. The College will provide a number of ad hoc training activities encompassing the ideals of entrepreneurship, youth wellness and global citizenship.

 

  1. Shenzhen Foundation for International Exchange and Cooperation was founded in December 2014. Its aim is to promote international exchanges and cooperation and facilitating the internationalization of Shenzhen. SFIEC is one of the first non-public foundations promoting international exchanges and cooperation in China. Some projects are under the supervision of the Shenzhen Municipality Foreign Affairs Office. With their focus on Youth development, the Foundation will therefore sponsor young people to participate in the Academy from the Mekong countries for each of the cohorts planned for each year for the next three years (2019-2021).

 

  1. TusStar was started in 1999, and registered as TusPark Business Incubator Co., Ltd. in 2001. They are the first to introduce the concept of “incubation + investment” in China for innovation and entrepreneurship business. By providing innovation services and building integrated platforms through decades, TusStar has incubated over 5000 firms, among which there are 49 ‘Diamond Company’, 45 ‘Golden Seed Project’ companies, 35 listed companies, and 81 leading talents from “Recruitment Program of Global Experts”, “Overseas Talent Pooling Program” and “High-end Leading Talent Pooling Program”.

 

  1. Lexin Foundation was established by Lexin Fintech, an online consumer financing platform that applies leading technologies such as big data, cloud computing and artificial intelligence. One of Lexin Foundation’s areas of focus is the development of new urban youth. In 2017, Lexin Foundations worked jointly with other partners to launch “Refresh the Workplace · Pursue Your Dream” – Public Services for New White-Collar Workers (Shenzhen), a central resource that included HR policies, information on shopping installment plans, rental information, various entrepreneurial resources.

 

  1. Mekong Institute is an Inter-governmental organization with the mandate to promote sub-regional cooperation and integration among the Greater Mekong Subregion countries (Thailand, PR China, Cambodia, Laos, Myanmar and Vietnam) through human resource development in areas of Trade & Investment facilitation, Agriculture commercialization and Innovation & Technological Connectivity. MI works with a wide range of development partners including Japan, Republic of Korea, New Zealand, Swiss Agency for Development Cooperation, PR China, EU,  GIZ, World Bank, ADB, Thailand International Cooperation Agency, USAID, IDRC, FAO, UNESCAP among others for implementing development projects focusing on three thematic areas of MI.

 

  1. Cambridge University Entrepreneurs (CUE) hosts one of the most successful student-run business creation competitions in the world. Since 1999, CUE has been supporting and accelerating business innovation and entrepreneurship and providing training for hundreds of students, staff and alumni. CUE has awarded over £600,000 in prize money to more than 60 start-ups and have seen many of them develop into successful companies. These companies have contributed greatly to the local region and beyond, raising over £250 million of investment and producing over 500 full-time jobs.