YABT trains Ecuadorians organizations on support systems for entrepreneurship development

Quito, Ecuador, December 1st, 2015 – Ecuador was the country where the Young Americas Business Trust (YABT) concluded the NexLinks business labs series of 2015 for Latin America and the Caribbean. The Simon Bolivar Andean University, in its Ecuador campus, was the location where the NexLinks Workshop focused on support mechanisms for entrepreneurial development took place, from November 23 – 27, 2015.

The meeting was possible thanks to the technical cooperation between YABT, the State of Israel, and the Simon Bolivar Andean University through its Small and Medium Enterprise Observatory.

During one week, the program allowed the construction of local capacities by teaching participants new tools, contents and international methodologies that aim to create, strengthen and expand support centers for entrepreneurial development. The NexLinks “Support Networks for Young Entrepreneurs” Regional Program is a mechanism that YABT introduced in order to increase the supply of support and entrepreneurial services for entrepreneurs in the Americas.

More than 30 national and international participants attended this workshop in Quito –public, private and academic institutions, representatives of entrepreneurship and economic development initiatives, etc. Some of these entities work in creating opportunities for social inclusion and productive activities that allow vulnerable youth to enter the labor market or generate their own microenterprises.

“Youth employability and their economic and social integration are the most urgent priorities for most Latin American countries.  Entrepreneurship is a good option for young people that are starting out their productive life” according to the Director of the International Labor Organization (ILO) for Latin America’s words, José Manuel Salazar, during the ILO’s Regional Meeting of Experts (Lima-Peru, September 2015).

Marcelo Firstman and David Boruszek were the Israeli experts in charge of leading the training on behalf of the Golda Meir Mount Carmel International Training Center (MCTC), with headquarters in Haifa, Israel. Both showcased the key factors that turned Israel into the ‘Start-up Nation’, recognized by the increasing number of innovation and technology transfer centers that have led Israel to be one of the world pioneers in entrepreneurship.

YABT will keep working with local partners and entities that participated in this workshop in order to keep boosting the supply of entrepreneurial support. It will allow Ecuadorian youth to create innovative businesses inside a promising environment.

To know more about this and other NexLinks Workshops in the region, contact Edgar Maestre via: edgar.maestre@yabt.net