Big Companies Helping Small Companies
The role that big business can play in supporting or partnering with young entrepreneurs presents an exciting opportunity for Africa. Where assistance is most needed is in addressing some of the biggest challenges, namely access to markets and contracts, technical capacity and funding. Typically, these strategic resources are controlled by big business, yet there are insufficient opportunities for young entrepreneurs to broker the strategic relationships required to advance their business. An outcome of the session will be the drafting of a Big Business-Youth Business framework. The discussion touched on what an EU-Africa framework for a partnership between big business and youth business should look like; how to use should best practices; and how an online enabler platform would work to support the framework, and incentivise investment from big EU and African companies.