INSME supports the OECD’s Stand by Youth initiative

28 June 2021

The Covid-19 crisis has disproportionately affected young people, especially those from disadvantaged backgrounds, setting back their education, employment prospects, mental health and income at a time when they were already facing major challenges. 

For this reason, the OECD has launched the “Stand by Youth” initiative: How businesses can create opportunities for youth in the post-COVID world. The is a joint initiative by a collective of institutions including the OECD Centre for Entrepreneurship, SMEs, Regions and Cities, Business at OECD (BIAC), SMEunited, International Network for SMEs (INSME), International Chamber of Commerce (ICC), Ashoka Global, JEUNE Europe, Business for Inclusive Growth (B4IG), European Youth Forum and the European Engineering Learning Innovation and Science Alliance (EELISA). The President of INSME Sergio Arzeni will have an active role in supporting and promoting this initiative. 

The aim is to help today’s youth get through this crisis and prepare for the post-COVID world. Many have already taken bold action and led by example, including by providing emergency support and by continuing to hire young people. Yet much more can be done. More businesses can act, and by doing so, contribute to their own communities, and to their own future by bringing in young people with different perspectives, skills and experiences. Supporting the youth represents an opportunity – perhaps the best opportunity – that any business has to bounce back better and be fit for the post-COVID world.   

Join the launch event on July 8th: it will be an opportunity to hear from companies and business networks, youth organisations, and higher education institutions on their perspectives and experiences in supporting young people during the pandemic. The event will conclude with the official launch of a Call to Action to encourage all businesses to create opportunities for young people, particularly vulnerable ones, as we look to build forward better from the COVID crisis. Click here to register. 

For more information, contact standby.youth@oecd.org  

Source: INSME Secretariat

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