Historique

Candidates who previously applied need not re-apply.

The Youth Economic Empowerment project aims to support the Government and the people of Yemen during the unprecedented transition, addressing youth unemployment as one of the root causes of conflict. The project builds on capacities and lessons learnt from the pilot phase. Strategic partnerships are being further strengthened to support institutionalization of the 3x6 approach, and prepare for scaling up of the piloted innovative tools to achieve catalytic impact while at the same time actively engaging the Government, the private sector, micro-finance institutions and donors to work together with a common goal, building the resilience of Yemeni youth for economic revitalization and paving the path for inclusive and sustainable development.

The “3x6 Approach” was first introduced and successfully implemented in post-conflict context in Burundi. The Japanese Government was the key partner that supported its implementation. It was developed to provide an innovative response to the challenge of the social and economic reintegration of ex-combatants and other populations affected by conflict. In the approach, community reconstruction service was seen as a means to an end rather than an end by itself. The approach built on traditional elements of socio-economic reintegration interventions – putting people to work, injecting money into local economy, and providing alternative employment opportunities for ex-combatants – while introducing innovative dimensions: promotion of individual savings, enhancement of social cohesion through encouraging community members to get organized and realize economic activities collectively (horizontal cohesion) and engage other actors (vertical cohesion) in joint economic ventures based on collective savings, outside investment, and risk sharing. The approach  has been designed and framed into three building blocks and organising principles – inclusiveness, ownership and sustainability – and six (6) discrete steps – enrolment, rapid income generation, saving, joint venturing, investing and expanding markets.

Traditional donors are shrinking while the individual philanthropic market is growing. In the United States alone philanthropic giving in 2012 exceeded $316 billion with more than $228 billion donated by individuals. Several innovative initiatives have come to existence, notably Narwi – a platform dedicated to the MENA region.

The term “crowdfunding” describes the practice of securing funding for a project or business venture by a dispersed group of people, the crowd. The concept of crowdfunding is not entirely new and rather a progression from microfinance, micro-lending and peer-to-peer lending. Although its definition and boundaries with other fundraising tools are often blurry we observe that the constantly growing crowdfunding market has the potential to be a global disruptive force in the development field.

This assignment is thus to explore the potential of crowfunding for beneficiaries of the 3x6 approach in Yemen, and more at large how crowdfunding can be maximised and supported by UNDP to stimulate MSMEs and inclusive economic growth.

Reporting System:

The Crowd funding advisor will work under the guidance and supervision of the Inclusive Growth Team Leader in collaboration with YEEP team members, and implementing partners.

Devoirs et responsabilités

The deliverable will be a crowdfunding study which will address the following:

• Provide three case studies from best crowfunding practices in the MENA region;
• Map and analyse existing crowfunding channels and platforms available in Yemen for young entrepreneurs including women, taking into consideration the current banking system and rurality;
• Prepare and develop a feasibility study on crowd funding for MSMEs in Yemen and find out which sectors can best benefit from such a financing tool, including how UNDP can further support effective linkages;
• Outline inputs required including costing for UNDP to engage with crowdfunding for 3x6/YEEP;

Deliverables: 

• Methodology outlining the report to be submitted within 7 days payment percentage  20%;
• First draft report within 18 days , payment percentage 50%;
• Final draft report within 5 days , payment percentage 30%.

Compétences

Functional Competencies:

• Excellent communication and presentation skills;
• Excellent IT skills;
• Excellent writing and editing skills;
• Excellent skills in applied research and analyses.

Corporate Competencies:

• Demonstrates integrity by modeling the UN’s values and ethical standards;
• Promotes the vision, mission, and strategic goals of UNDP;
• Displays cultural, gender, religion, race, nationality and age sensitivity and adaptability;
• Treats all people fairly without favoritism.

Qualifications et expériences requises

Education:

• Bachelor University Degree in International Development, Economics, Business Administration, or related area.

 Experience:

• Minimum 5 years of relevant experience in resource mobilization, fund raising including  crowd funding mechanisms, social networks, internet based communication and social media platforms;
• Previous experience in fundraising for development interventions within the private sector;
• Familiarity with UNDP’s functions, innovation process and activities;
• Extensive experience analyzing data and preparing analytical reports;

Language Requirements:

• Fluency in English and Arabic.