“Between 2015 and 2030, some 600 million more young people will enter the job market—that is nearly 1 million people each month in India and 1 million each month in Sub-Saharan Africa.” Current trends show that due in part to the acceleration of technology, many young people may not have the skills needed to participate in the changing workforce. To address the growing needs of the new global economy, the business community must play an active role to ensure the next generation has the tools to foster innovation, entrepreneurship, and skill development, especially in communities.
The Intel Foundation has a long history of investing in the success of young people through our programs and partnerships focused on improving science, technology, engineering, and math (STEM) skills. And this investment continues.
Today, during the 72nd Session of the United Nations General Assembly, the Intel Foundation in partnership with the Global Business Coalition for Education (GBC-Ed) are proudly launching The Youth Skills and Innovation Initiative. This initiative is comprised of the following diverse leaders that will join us to form a Commission:
- Asheesh Advani, CEO and President, Junior Achievement
- Adeymei Babington-Ashaye, Head Global Shapers Community, World Economic Forum
- Jose-Manuel Barroso, Non-Executive Chairman of Goldman Sachs International (GSI); Former President, European Commission
- Inrina Bokova, Director-General, UNESCO
- Fred Dedrick, President and CEO, National Workforce Solutions
- Daniella Foster, Senior Director of CSR, Hilton
- Kristalina Georgieva, CEO World Bank
- Micahel Hasting, International Head of Corporate Citizenship, KPMG International
- Nate Hurst, Chief Sustainability and Social Impact Officer, HP
- Tracy Lovatt, CEO, Batten and Co.
- Tim Nourse, President, Making Cents International
- Janet M. Riccio, Dean, Omnicon University, Executive Vice President, Omnicon Group
- Josette Sheeran, President and CEO, Asia Society
This newly formed Commission will also include expert partners and will be informed by a network of youth, a circle of city mayors, research partners, and public outreach. In 2018, the Youth Skills and Innovation Initiative will publish a report, which will include key recommendations, based on the research, trends, trajectories, and business models identified with our partners.
I look forward to learning from global leaders in the Initiative’s youth network and working with other Commissioners to highlight the best-known methods to address the youth skills gap and to ensure the next generation has the tools to solve the problems they and their communities face.
 The Common Wealth. “Youth Unemployment: A Growing Concern.” October 2016. http://www.youthdevelopmentindex.org/a-growing-concern
 Global Business Coalition for Education. “Youth Skills and Innovation Initiative.” September 2017.