Speakers and young entrepreneur finalists of the Youth on the Move and InnovAction Challenge 2.0, during the opening of the Talent and Innovation Competitions of the Americas, held on International Youth Day, August 12, 2024
Finalists of the “Youth on the Move” Innovation Challenge, in Ecuador and Peru, shared the positive impact of their business ventures during the Talent and Innovation Competition Americas 2024. During the live on-line event, finalists expanded upon their pitches in competition for seed capital and further mentoring and support.
The 2024 challenge, which offered start-up and business mentoring and training to hundreds of participants, concluded with a final event held on August 12-13 in commemoration of International Youth Day. The event included expert speakers on sustainability, climate resilience, entrepreneurship and digital transformation.
The Youth on the Move Innovation Challenge is designed to accelerate innovative ideas and new business models that facilitate the socioeconomic integration of migrants. The challenge supports young migrant entrepreneurs to strengthen their businesses and positively impact their communities. The focus is on the integration of Venezuelan migrants residing in Ecuador, Peru and the Dominican Republic.
The competition, organized by Young Americas Business Trust (YABT/OAS), is supported by USA for IOM and the Citi Foundation.
With nearly 700 start-up business submissions from Ecuador, Peru and Dominican Republic, selection of the finalists was highly competitive.
Finalists received $500 USD in-kind support, one month of mentoring, strategic local and regional connections to support their growth, and participation in YABT trainings and events. Together with these benefits, the winner received $2,500 USD seed capital, in-kind support of $1,500, further focused mentoring in the next steps of entrepreneurship, and visibility and follow-up support from YABT.
The finalist businesses included:
Founders of ECOSOS, Gian Walter Arbañil and Ángela Morales engage in sustainable vertical agriculture that empowers Venezuelan migrants and nourishes communities. ECOSOS innovates in food production with aeroponic crops, recirculating irrigation, thereby reducing water usage and eliminating pesticides.
It offers organic, nutritious and chemical-free foods and promotes sustainable business models that integrate Venezuelan migrants through training in agricultural techniques, promoting sustainable business models, benefitting food security and the environment.
Created by Aleany Diaz, MsM Accesories y Más (accessories and more) in Peru is a company that takes responsibility for each accessory they produce. All products are made by hand with hypo-allergic material for any type of body pH, which allows greater durability and lifetime for each piece. The company aims to contribute to the health and well-being of its customers and aims to prioritize socioeconomic integration.
Winner – Tesis Time (Ecuador)
Johnniel Rojas, winner of the Youth on the Move Innovation Challenge, a Venezuelan living in Ecuador, started Tesis Time, Transforming thesis creation around the world. The endeavor aims to improve people’s living conditions by supporting their professional and personal development and their societies, through education and access to employment.
“I came up with the idea to develop an app to learn scientific investigation methodology. We launched the app in Ecuador and later realized this was an issue for people all over Latin America. Our app has been downloaded over 40,000 times in different countries in Latin America. 35,000 students have used our learning methodology, and we’ve helped them graduate and accelerate their degree process, improving their insertion in the job market. Currently, 3,000 students use the app each month. There are over 3,000 hours of content.”
Johnniel explained the concept behind the app: “I was always a slow learner. My mother had a very creative way of helping me study, we would paint, sing, or draw to learn and study. Once I was in college, facing the scientific investigation methodology, I found myself going back to my mother’s empirical methods to be able to understand. This is the base for the teaching methodology of Tesis Time.“
“After launching the app we realized that most of the users were part of vulnerable communities in Latin America. Education is a way to change your reality and climb out of poverty. This has motivated us to develop programs to improve the user’s professional skills. Our next step is creating an educational section on the app where migrants can improve and develop their professional skills in their host communities.”
“Throughout this process, we have seen how each of you has channeled your creativity and passion into projects that not only have the potential to transform your own lives, but also to positively impact your communities and the lives of those who need it most. This journey has not been easy, but your presence here today is a testament to your ability to overcome challenges and turn obstacles into opportunities…”
Luciano Arroio
Interim CEO, USA for IOM
“Together, we can continue to face different challenges to create opportunities and build a better future collectively.” – Valerie Lorena – Executive Director, YABT
The Talent and Innovation Competitions of the Americas (TIC Americas) engages specialists from around the world, who offer knowledge and experience to the entrepreneurial youth of the Americas. The effort connects young entrepreneurs and national and regionalorganizations into a community of actors supporting youth development and exchange, to generate an entrepreneurial spirit and foster innovation and leadership in young people. For the 2024 trainings YABT joined the efforts of InnovAcción and Youth on the Move, to provide a wider breadth of resources.
The program involved multiple on-line bootcamp entrepreneurship training sessions, including:
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