As opportunity youth – the 4.6 million young people ages 16-24 who are neither in school nor working – continue to struggle to connect to the economy, entrepreneurship programs may offer a chance to learn the skills and mindset needed to thrive in today’s economy. How do we create entrepreneurship programs tailored to the strengths and the circumstances of opportunity youth?

Through the Youth Entrepreneurship Fund (YEF), three communities across the country have launched programs to explore entrepreneurship as a pathway to economic self-determination and wealth-building in low-income communities. The programs take a collaborative approach that brings together entrepreneurship education with wraparound supports and additional services from partners that facilitate access to key elements of the entrepreneurship ecosystem in these communities – including mentorship, business pitch competitions and seed funding, accelerators and incubators, hands-on workplace experience, and internships. Learn more about the work of YEF by reading our paper, "Creating Entrepreneurship Pathways for Opportunity Youth: Early Experiences from the Youth Entrepreneurship Fund Grantees," co-written by AIFCS and BOI.

This event features two panels, one with leaders from the programs and a second with young adult entrepreneurs from these communities. The conversations will explore emerging learnings from the YEF implementation, including strategies for adapting entrepreneurship curriculum to the unique strengths and needs of opportunity youth; how projects were designed with an equity lens; and strategies for engaging youth voice in the design and implementation of the collaboratives.

Our guests include Joyce Klein (Director, Business Ownership Initiative, The Aspen Institute Economic Opportunities Program), Yelena Nemoy (Senior Program Manager, Aspen Institute Forum for Community Solutions), Ruth Barajas-Cardona (Director of Workforce, Education and Reentry Services, Bay Area Community Resources), Michelle Carrillo (Initiative Director, Building Healthy Communities, Del Norte and Tribal Lands, Wild Rivers Community Foundation), Dornella Harvey (Project Manager, Year-Round, Philadelphia Youth Network), and Mali Linton (Young Adult Entrepreneur, Bay Area Community Resources).

The Aspen Institute Forum for Community Solutions promotes collaborative, community-based efforts that build the power and influence of those with the least access to opportunity, and support communities to come together to expand mobility, eliminate systemic barriers, and create their own solutions to their most pressing challenges. Learn more at aspencommunitysolutions.org.

The Business Ownership Initiative works to build understanding and strengthen the role of business ownership as an economic opportunity strategy. BOI is an initiative of the Economic Opportunities Program. Learn more at as.pn/boi.

The Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy. For more information, visit our website at as.pn/eop. Learn about new events and activities by joining our mailing list (as.pn/eopmail) and following us on social media (as.pn/eopsocial).

On the Front Lines of Workforce Development During the Pandemic

Opportunity in America - Events by the Aspen Institute Economic Opportunities ProgramBy The Aspen Institute Economic Opportunities ProgramDec 18, 2020