Schneider Electric WHITEPAPER | Discover Why Helping Entrepreneurs in the Energy Field Can Contribute to Reaching a More Sustainable Development

Both growing unemployment and lack of access to energy can be solved. Want to know how?
Mar 12, 2018 10:05 AM ET

Addressing the Needs of Micro and Social Entrepreneurs in the Energy Field in D…

With a global unemployment that will reach 212 million in 2019 and 1.06 billion people without access to energy, urgent actions need to be taken to tackle this unfortunate trend. One of them could be entrepreneurship.

According to The United Nations University World Institute, entrepreneurship is a “resource process and state of being through and in which individuals utilize opportunities in the market by creating and growing business firms”. It can notably be key to addressing Sustainable Development Goals 7 and 8 of the UN, to ensure sustainable employment and lasting energy solutions. Thus, it needs crucial supporting actions from the International Community and local governments.

However, it remains very difficult to find local ecosystems that fulfill all entrepreneurs’ needs for training, mentoring and funding. Especially, due to the multiple types of entrepreneurship emerging such as; women entrepreneurs, youth entrepreneurs, and social entrepreneurs. It requires favorable ecosystem within opportunities, local skills, resources, framework and a good representation of entrepreneurship in the local culture. 

With its activities supporting disadvantaged youths, informal entrepreneurs and social entrepreneurs, Schneider Electric have a leadership role in this crucial issue with already 950 entrepreneurs supported in 2017.

This white paper presents the current challenges and trends concerning entrepreneurship in developing countries and proposes a framework of actions to support entrepreneurship for energy-related careers, based on a case study of Schneider Electric.

Want to learn more?

Download our new white paper to understand the challenges and trends concerning entrepreneurship in developing countries and proposes actions based on a case study of Schneider Electric.