EMPOWERING YOUTH TO DRIVE DIGITAL TRANSFORMATION FORWARD ACROSS SOUTHEAST ASIA
WHAT WE DO
Engagement of university students across ASEAN to form campus teams to identify digital transformation problems faced by local traditional businesses within their communities
Through sharing insights, robust training tools and leadership events, we build capacity to maximise our students impact to support digital transformation of local traditional businesses
At our annual regional events, university students collaborate to showcase their sustainable impacts in improving the livelihoods of rural communities through digital empowerment
While online marketplaces have been expanding rapidly across Southeast Asia, local traditional businesses have been struggling to set up an e-commerce presence. These are micro as well as small and medium enterprises, the backbone of the region’s economy, who may require extra hand-holding assistance in their digital transformation journey.
According to a study by Google and Temasek, e-commerce in the region is expected to grow from US$5.5 billion or less than 1 per cent of total retail sales in 2015, to US$88 billion or 6.4 per cent of all retail sales by 2025. To capture such opportunities, businesses need a digital transformation strategy that is not one-size-fits-all as Southeast Asia is a very fragmented market and it can make or break their success rate in going digital. This is where youth can play a role.
The United Nations in its World Population Prospect 2017 Report estimates that 38.7% of the Asian population will be young people below the age of 24 years old by year 2020. In Southeast Asia alone, the percentage is much higher. Around 41.9% of the population will be less than 24 years old. And these numbers will change the way businesses are done as youth are no longer just passive consumers, but also early adopters and even trend setters that will shape the future of ecommerce within this region.
141% of Population
Social Media Users
WHO WE ARE
EYOUTH is a youth-led social enterprise aimed at empowering university students across Southeast Asia to become important change agents for local businesses in today’s digitalised economy.
We do so by merging youth upskilling and digital empowerment programmes with businesses development efforts via our initiatives, to drive digital transformation of local businesses to go global by going digital.
HOW WE DO IT
Local businesses who may not have the resources to penetrate into a wider marketplace via digital platforms, can expand their business potential by tapping onto the digital literacy and potential of youth.
By creating a platform for youth to collectively harness their digital and entrepreneurial skills to support local businesses' digital transformation journey, we can help drive the growth of micro as well as small and medium enterprises, the backbone of a nation’s economy, to thrive in this digital age.
As we empower youth to become important drivers of change in the region’s digital economy, we are also elevating local businesses to succeed by going digital, thus further contributing to the national and regional economic growth.
WHY WE DO IT
Not only does our youth gain valuable hands-on learning experience by working hand-in-hand with the local businesses to address real-world challenges, our youth participants can further hone their talent to be effective leaders and entrepreneurs as they will be guided by industry experts and organisations who are equally passionate about the cause.
This is a generation that does not remember a world without the internet and smartphones. They live and breathe it. Hence, youth can be powerful agents of change for business and organisations to better understand, connect and engage with today's digitally savvy consumers and trend setters to grow their business.
MEET OUR FOUNDING
VOLUNTEERS & TEAM
Wan Chin Hao