Every startup success story shows up alongside 10 failures; still, entrepreneurship is an attractive career proposition for our youth. In more than 90% of cases, the founders would fail to repay these loans, leaving meaningful relationships with their trusted ones fractured and damaged. Is this a price worth paying? This blog discusses an unfashionable perspective on starting up and shares our experience accelerating startups in Asia while orienting them toward success.
MSMEs in Kenya amid COVID-19: A question of survival
In this blog, we present key insights from MSC’s research on the impact of the COVID-19 pandemic on micro, small, and medium enterprises (MSMEs) and their coping strategies. We conclude with recommendations for the government to formulate policy measures and for the donor agencies to support the recovery of Kenyan MSMEs and build their resilience.
Impact of COVID-19 on youth- Opportunities and challenges on youth livelihoods.
This video highlights MSC’s analysis of the impact of COVID-19 on youth and the immediate steps which the government and private stakeholders have taken to support youth livelihoods during this crisis. It also touches on what more these two key players can do to ensure the interventions put in place are sustainable for the long-term.
COVID-19: Impacted yet proactive youth response to the crisis through innovation
COVID-19 has disrupted normal life—in terms of health, economy, and society. The pandemic is unique in that it affects all segments of the population, including youth. Young people are more vulnerable to declining labor demand. However, instead of giving up, youth have shown their resilience and turned this crisis into business opportunities, creating brilliant initiatives.
The role of entrepreneurship in creating job opportunities for the youth
Several challenges often mar the journey to entrepreneurship, especially for the youth. What are these challenges? What possible solutions can be developed to assist the youth to succeed in their ventures? Watch our video for some answers.