The USAID Eastern and Southern Caribbean Industry Day on September 30, 2024, aims to design an education project targeting at-risk youth aged 15 to 24 who are "not in employment, education, or training" (NEET). The event, held in Suriname and Saint Vincent and the Grenadines, will facilitate dialogue between USAID and stakeholders to align with local capabilities and needs. Key objectives include improving soft skills and employment outcomes for youth in these beneficiary countries.
The agenda includes opening statements from USAID officials, an overview of ongoing efforts, a proposed basic education project, and a presentation on the Pay-for-Results funding approach. Additionally, attendees will learn about navigating the process to secure federal funds and partnership opportunities with USAID. The agenda fosters interaction, featuring Q&A segments to ensure transparency and collaboration. The event reflects USAID's commitment to investing in local institutions to support youth development within the Eastern and Southern Caribbean region.
The USAID Eastern and Southern Caribbean Mission is proposing a new education initiative aimed at addressing the needs of youth in Suriname and Saint Vincent and the Grenadines who are not engaged in education, employment, or training (NEET). The initiative seeks to improve the vocational training landscape and workforce readiness for these youth, who represent over 35% of those aged 15-24 in Suriname. Key stakeholders, including government ministries and private sector companies, are involved in ongoing efforts to address high dropout rates and skill gaps.
USAID's proposed Basic Education Workforce Readiness Activity will focus on strengthening workforce training providers, bolstering the capacity of the National Accreditation Authority, and fostering a more inclusive employment ecosystem. The program will employ a Pay-for-Results approach, incentivizing service providers based on measurable results such as job placements and skills acquisition.
The initiative aligns with USAID’s broader goals of promoting sustainable development within the region, contributing to economic growth, and enhancing the capability of local organizations. Overall, the presentation emphasizes collaboration, stakeholder engagement, and a strong emphasis on adaptability to meet the specific needs of the target populations.
USAID is hosting an Industry Day to introduce a new educational initiative aimed at improving employment outcomes for youth aged 15 to 24 not currently engaged in work or education in the Eastern and Southern Caribbean, specifically targeting Suriname and Saint Vincent and the Grenadines. This initiative is part of USAID's Regional Development Cooperation Strategy (2020-2025) and employs a pay-for-results approach, where funding is tied to measurable training and employment results. The event, scheduled for September 30, 2024, at Torarica Resort, will facilitate discussions between USAID and local service providers, educational institutions, and civil society organizations regarding the education priorities and funding requirements. Registration is required and must be completed by September 23, 2024, via email. The goal is to enhance local capacity for delivering job training and opportunities to youth, ultimately fostering economic and social development in the region.
USAID is organizing an Industry Day event to address educational initiatives aimed at youth aged 15 to 24 who are not employed, in education, or training (NEET) in the Eastern and Southern Caribbean. The event aims to promote collaboration with local organizations to improve job prospects and soft skills for these youth, with special emphasis on Suriname and Saint Vincent and the Grenadines as target countries. The initiative is part of USAID's 2020-2025 Regional Development Cooperation Strategy, utilizing a "pay-for-results" approach where funding is contingent on achieving defined outcomes.
The Industry Day will be held on September 30, 2024, in Suriname, allowing local partners to explore USAID's education priorities and funding criteria. Participation will involve both in-person attendance and virtual options for those unable to attend physically. Organizations interested in joining are required to submit registration details by September 23, 2024. This event highlights USAID's commitment to fostering local capacity and enhancing educational outcomes through strategic partnerships in the Caribbean region.