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5th Edition Of Youth Co:Lab

5th Edition Of Youth Co:Lab:

The 5th edition of Youth Co:Lab was launched on December 15th 2022

  • Youth Co:Lab is an initiative launched in 2019 by UNDP India in partnership with Atal Innovation Mission, NITI Aayog.
  • Youth Co:Lab was co-created in 2017 by UNDP and the Citi Foundation, Youth Co:Lab.
  • It is a multi-dimensional and multi-level response to tackle the challenges young people face by positioning youth at the forefront in finding solutions to global challenges tackling Sustainable Development Goals (SDGs).
  • It aims to establish a common agenda for Asia-Pacific countries to invest in and empower youth to accelerate implementation of the Sustainable Development Goals (SDGs) through leadership, social innovation, and entrepreneurship.
  • The Youth Co:Lab initiative, till date, has been implemented in 28 countries and territories, reaching over 200,000 participants, benefitting more than 11,000 young social entrepreneurs and supporting over 1,240 social enterprises.
  • Through Youth Co: Lab, 30 early-stage start-ups would be supported by the springboard programme, and the best would be provided a seed grant for scaling up their start-up.
  • The 5 focus thematic areas for Youth Co: lab 2022-23 are:
    • Digital and Financial Literacy for Youth
    • Gender Equality and Women Economic Empowerment
    • Developing FinTech Solutions focused on Biodiversity Conservation
    • Promoting Biodiversity-friendly Lifestyles through Technological Solutions in Finance
    • Accelerating Circular Economy through Upcycling Innovations
    • Behavioural Nudges for LiFE ( Lifestyle For Environment)