World Bank Youth Summit 2018:
Unleashing the Power of Human Capital
December 3-4, 2018
1818 H St NW, Washington, DC 20433
Deadline for Submission: 5 October 2018
December 3-4, 2018
1818 H St NW, Washington, DC 20433
Deadline for Submission: 5 October 2018
We are calling all young social entrepreneurs to submit an innovative idea that contributes to building human capital, the greatest asset of economies globally.
In today’s era of technological change and the need for adaptability, human capital, in some measures, explains up to two-thirds of income differences across the world. Investments in human capital, specifically education, skills, and health, are not only key drivers of productivity and economic growth, but also contribute to individuals’ self-empowerment. The advancement of human capital depends on two main drivers: i) the quality of investment in the early years – covering childhood education, health and nutrition; and ii) maximizing the accumulation of skills, knowledge, and well-being throughout people’ life cycle. The successful combination of these two elements is key to achieving the World Bank’s twin goals of reducing poverty and boosting shared prosperity as well as the United Nation’s Sustainable Development Goals.
The World Bank Group wants to hear from you; young changemakers from across the globe!
How would you spur innovations that contribute to shrinking the ‘human capital gap’ and foster the skills and well-being of individuals? This is your opportunity to submit an original idea aimed at increasing human skills, knowledge, or well-being related to at least one of the subthemes listed in either or both pillars below.
Pillar I: Building the foundations of human capital[1] subthemes:
a. Infant care and/or maternal health
b. Childhood and/or early youth education
c. Childhood health and/or nutrition
Pillar II: Maximizing individual potential[2] subthemes:
a. Life-long learning & training
b. Adult & elderly health
About the Competition
Unleashing the power of human capital to ensure that individuals – at all stages of life – are well-equipped to fully realize their potential and shape their own paths is one of the most complex and pressing challenges of our time. Everybody has a role to play – governments, international organizations, non-profits, local communities, and individuals – but no one is better placed than young people themselves to identify, innovate, and overcome the obstacles faced in an era of fast-paced, technology-driven change.
The purpose of this competition is to challenge young people to solve problems that i) enhance the foundations of human capital by addressing challenges related to childhood education, health, and nutrition; and/or ii) cultivate the skills, knowledge, and well-being of adults in order to improve the capacity of individuals to reach their full potential in an uncertain future.
The competition provides a forum for young people to identify problems in their communities related to the two pillars of human capital and craft their own innovative solutions. In doing so, it aims to inspire, stimulate entrepreneurial problem solving, and create dialogue on innovative ways to unlock obstacles that have traditionally hindered investment in the potential and quality of life of individuals.
Why Participate?
Do you have an idea that has the capacity to improve human capital and thereby positively impact your community, your country, and/or society at large? If the answer is yes, then the Youth Summit 2018 Competition gives you the opportunity to share your idea, connect with peers and high-level experts, and explore how to bring your idea to the next level.
Who Should Participate?
The competition is open to individuals or teams of 1-4 people aged 18 to 35, from all over the world. Prior entrepreneurial experience or business background is not required – all individuals with the drive to innovate are encouraged to participate, including professionals from business or policy, students and academics, NGO leaders, government officials and start-up founders.
