Mini economic workshops including financial literacy, CV writing, business funding, etc. will be hosted at the festival based on the needs identified in the asset mapping workshops. Young people who attended the Green Innovation boot camp and other youth entrepreneurs will be invited to exhibit and sell at the festival giving them an opportunity to get going and market to the community.
YouthLab has partnered with Sophiatown Green Incubator and other trainers to create a specific innovation boot camp aimed at encouraging, testing, greening and launching economic innovations for township youth. Ideas can be businesses or social initiatives. The Green Innovation boot camp will take young people from idea to business model through various processes. The top idea from each province after the boot camp will be given a grant to activate their innovation.
iCre8 eKasi is a YouthLab initiative, it is a township economic revitalisation project aimed at innovating economic ecosystems in townships. iCre8 ekasi leverages potential opportunity for economic investment and trade by focusing on mapping, innovating and reactivating the potential of young people as economic actors. Through iCre8 ekasi townships are changed into hubs of social and economic life that sees communities responding to the social and economic ills they face by harnessing existing economic needs and assets by turning them into opportunities for entrepreneurship, employment, new industries and new patterns of trade within townships.
Digitalization is one of these terms that everybody knows and connects with while it is, at the same time, hard to pin down what it actually means.
The digitalization of economies and societies represents one of the “grand challenges” faced by European societies in the twenty-first century, along with issues such as demographic ageing, climate change and increasing inequality.