Legatum Center for Development & Entrepreneurship, MIT

Youth Livelihoods

Purpose

Identify and provide fellowships for entrepreneurs from developing countries to promote a model of entrepreneurship-led development

Why We Partnered

This project builds upon the Legatum Center’s reputation and experience in innovative entrepreneurship. It will strengthen its capacity to extend opportunities and participation for innovations in Sub-Saharan Africa by providing up to 200 fellowships to students from Africa and other developing regions. It will produce case studies about successful business models aimed at generating jobs, improving productivity, and stimulating business growth. The Center will also work with universities in other countries to host a global competition that recognizes innovations that generate employment and economic opportunities, particularly in Sub-Saharan Africa.

legatum.mit.edu

Amount:

$20.9 million

Term:

Ten years

Location:

Global