YouthBank was a small business incubation program for street youth.
The project was born as a collaboration between students at the
Wharton School of the University of Pennsylvania in Philadelphia, USA,
and youth leaders and nonprofits in Lagos, Nigeria.
From 2007-2009, from both sides of the Atlantic, they worked to launch
a pilot YouthBank site in the Surulere district of Lagos, the world's
fastest-growing megacity. When the program began in August 2009, over
50 homeless, unemployed, and at-risk youth from seven peer NGOs
clamored to be part of YouthBank's pilot class of Fellows. The
Fellows learned business skills on the job, running a photo studio in
Surulere. At the end of a six-month employment period, they were
ready to transition from employment to entrepreneurship and pitched
their own business ideas to a panel of Nigerian CEOs.
The pilot project ended in May 2010. It taught us important lessons
about creating employment in slum communities and managing an
international, all-youth, all-volunteer team. Most importantly, it
inspired a group of us YouthBankers to build a new organization
focused on integrating so-called "unemployable" street youth into
their local economies as entrepreneurs, employers, and community
leaders.
Learn more about this new organization:
