Locations
Youth and Digital Economy
Empowering the Youth to Embrace the Digital Economy and Digital Entrepreneurship
Project summary:
The project is a joint initiative of the Ministry of Economic Development and Poverty Reduction of the Republic of Uzbekistan and UNDP. The Joint project is implemented with financial support from the Russian Federation-UNDP Trust Fund for Development.
The goal of the joint project is to empower young people, especially women, with digital entrepreneurship skills, tools and enabling environment to increase their employment opportunities, competitiveness and resilience to COVID-19 and similar crises, and thus, to reduce inequality, ensure inclusive, innovative and sustainable economic growth, and job creation.
The joint project supports the Government to: a) enhance digital entrepreneurship environment and digital skills of young entrepreneurs; b) strengthen institutional capacities for developing digital economy and digital entrepreneurship policies with a focus on youth employment; c) unlock finance solutions to improve youth’s financial inclusion and opportunities for nurturing digital entrepreneurship projects and start-ups.
Expected results:
Once the joint project is completed, all project’s stakeholders will be capacitated to embrace digital economy and digital entrepreneurship with focus on youth employment. In particular:
- The government’s internal institutional capacity is strengthened to formulate and implement policy based on youth-centered approach, including measured on implementing digital entrepreneurship programming for youth, engaging youth in decision-making process through Public Private Dialogues, monitoring, evaluating and adjusting youth-focused digital policies;
- The youth will benefit from the large-scale digital skills and digital entrepreneurship training programs, access to public and private financial tools aimed at developing and piloting context-adapted and gender-sensitive emerging technological solutions for digital transformation of youth-led small businesses.
