Malawi Innovation Challenge Fund — Matching Grants Turning Inclusive-Business Ideas into Jobs
Malawi
Since 2014, Malawi's donor-backed Innovation Challenge Fund has matched over 50 private firms' innovation costs, helping create more than 2,000 …
Gambia · Banjul · See the Gambia profile · See the Banjul profile
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A six-year, $12.8m EU-funded programme trained 5,350 young Gambians and backed 4,600 with entrepreneurship advice, mini-grants and market access, generating an estimated 4,300 jobs; by September 2020, 91% of grant-funded businesses had kept their staff through the pandemic.
The Gambia's 2016-17 political transition coincided with high youth unemployment and heavy outward migration toward Europe. The Youth Empowerment Project (YEP) was designed under the EU Emergency Trust Fund for Africa to address the economic root causes of that migration by building livelihoods for young Gambians at home.
Running from February 2017 to December 2022 with EUR/USD financing of about $12.8m, YEP combined vocational and soft-skills training, entrepreneurship advisory services, and a Mini-Grant Scheme offering grants of up to GMD47,000 (funded by a roughly $250,000 pool) for equipment, materials and other start-up assets. Delivery ran through more than 20 local implementing partners alongside the Gambian Ministries of Trade and of Youth & Sports, targeting agribusiness, tourism and services — the sectors judged to have the largest job-creation potential.
By completion, YEP had trained 5,350 young people and supported 4,600 through advisory services, market access or finance, contributing to an estimated 4,300 jobs. A September 2020 survey of Mini-Grant beneficiaries found 91% of grant-funded companies had maintained their employee count despite the COVID-19 shock, and the scheme was extended with a dedicated COVID-19 relief window reaching 255 further beneficiaries by the end of that year; cumulatively the Mini-Grant Scheme is credited with sustaining 382 existing jobs and creating 833 new ones.
These figures come from the programme's own monitoring platforms (the UN's SDG Partnership Platform and the EU Trust Fund for Africa) rather than an independent counterfactual evaluation, so they describe outputs and reported retention rather than causally attributed impact — a caveat worth weighing alongside the otherwise consistent, cross-sourced figures.
Read the full analysis: https://sdgs.un.org/partnerships/youth-empowerment-project-yep
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Malawi
Since 2014, Malawi's donor-backed Innovation Challenge Fund has matched over 50 private firms' innovation costs, helping create more than 2,000 …
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