For young people facing uncertainty across the world, entrepreneurship is a vital route to financial inclusion. Yet the barriers they face sustaining small businesses won’t disappear overnight.
Programmes like these therefore remain critical. Collectively, we can build momentum, empowering young entrepreneurs to build strong businesses that also support local economies, communities, and the environment – inspiring longer-term change.
Over the next two years of our partnership, YBI will continue to support micro business owners, preparing them for a more digital and socially-conscious future. Together, we will continue to target disadvantaged business owners previously excluded from formal financial systems: rural and female entrepreneurs, plus those with disabilities and visual impairments. We aim to reach at least another 30,000 entrepreneurs.
At Standard Chartered, we’re determined to improve the lives of 1 billion people and their communities by unleashing the financial potential of women and micro businesses in our core markets. With partnerships like this one with YBI, we can prepare entrepreneurs to operate successfully in the new economy, and support businesses that do good for our world.