The G20 Young Entrepreneurs’ Alliance (G20YEA) is a collective of leading entrepreneurship support organizations representing the G20 countries who seek to promote youth entrepreneurship as a powerful driver of economic renewal, job creation, innovation and social change. Country members include: Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, the Republic of Korea, Saudi Arabia, Turkey, the UK, the USA, South Africa and Argentina. The European Union is also represented in the G20YEA.
The world faces an unprecedented challenge
Most economies are struggling to create enough employment for their young populations. Developed economies are caught between rising deficits, low rates of growth and high levels of unemployment that disproportionately affect youth.
There are currently 1.8 billion youth, of which 90% live in developing countries and 2/3rds of those are underemployed. According to the latest ILO statistics there are currently 73 million youth unemployed, accounting for more than 50% youth unemployment in many countries.
Entrepreneurship is the solution
We believe a global problem needs a global solution. In 2010 we created an unprecedented new global network: the G20 Young Entrepreneurs’ Alliance. The Alliance is working to promote youth entrepreneurship as a solution to the challenge of economic renewal. We believe that this global movement – and the energy and dynamism it will generate – can transform our societies and our economies.
How do we do it?
The Alliance consists of 20 of the leading organizations across the G20 that represent over 1 million young entrepreneurs employing 12 million people, with a greater network of over 11 million entrepreneurs. G20YEA marketing reached around 709 million people globally over the past 12 months, and 24 million in June 2013 around the Moscow summit. Every year we bring together over 700 of the world’s top young entrepreneurs & leaders to attend a three day Summit. We share their ideas with the B20 and G20 leaders to catalyse global change.
» A three day event (plus pre and post leadership assemblies) 12th July 2014 in Sydney, Australia
» Summit Objective: Create a strategy to reduce youth unemployment below 10% by 2020, and install youth
entrepreneurship as a solution to unemployment in the post 2015 United Nations Millennium Development Goals through a focus on job creation, youth employment and growth
» Research, thought leadership and strategic partnership of United Nations Development Program, UN Millennium Campaign, G20 Research Group, Ernst & Young & Accenture
» 700 global young entrepreneurs and leaders
» G20YEA communiqué to be submitted to the Australian Prime Minister, G20 political leaders, international media & global stakeholders
Thank you for your interest in the G20 Young Entrepreneurs’ Alliance Summit and we look forward to the opportunity of working with you.