International Assulta of Research and Engagement
Vol. 1 No. 2 (2023): International Assulta of Research and Engagement (IARE)

Economic Empowerment Through Entrepreneurship Training to Advance Youth in Quetta, Pakistan

Khurshed Iqbal (Unknown)
Tamrin Fathoni (Unknown)
Lisma Meilia Wijayanti (Unknown)
Medina Nur Asyifah Purnama (Unknown)



Article Info

Publish Date
31 Dec 2023

Abstract

The purpose of writing this work is to understand the concept of assisting economic empowerment through entrepreneurship training to advance youth in Quetta, Pakistan. Economic empowerment through entrepreneurship training in Quetta, Pakistan, adopts a robust and holistic mentoring method known as the ABCD (Asset-Based Community Development). The result of this work is that ten key components have been identified in efforts to empower youth in Quetta, Pakistan. Mentorship and business consultation offer invaluable guidance and support for business development. Access to capital facilitates efficient business initiation and growth, while advanced training enhances specialized skills. Networking and business connections are essential for youth advancement, and psychological guidance helps them cope with stress. Effective online and offline marketing and promotion ensure successful product and service promotion. Access to resources, including co-working spaces and software, reduces barriers to entry and improves efficiency. Finally, financial education equips youth with wise financial management skills. With these components, Quetta's youth have a greater opportunity to achieve economic success and contribute to their community's economic development. The research findings highlight that a comprehensive economic empowerment program in Quetta, Pakistan, incorporating mentorship, business consulting, access to capital, advanced training, networking, psychological support, effective marketing, resource access, and financial education, significantly enhances the potential for youth economic success and contributes to community development. Collectively, these key components create a supportive ecosystem for young entrepreneurs in Quetta to thrive in their businesses.

Copyrights © 2023






Journal Info

Abbrev

IARE

Publisher

Subject

Agriculture, Biological Sciences & Forestry Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Social Sciences Other

Description

International Assulta of Research and Engagement (IARE) is a blind peer-reviewed journal published by Edujavare Publishing, Indonesia. This journal publishes research articles, conceptual articles, field study reports and book reviews on all scopes of education (See Focus and Scope). This journal ...