Young Women Transform Prize: Enabling Youth-Led Economic Empowerment

Young Women Transform Prize

Youth unemployment affects young women more than young men in almost all regions of the world: only 37 percent of young women participate in the labor force, compared to 54 percent of young men. The factors influencing the lack of opportunity for women include limited opportunities for young women to access quality education and workforce skills training; gender-based violence while traveling to or while at work, and barriers to women entering fields traditionally male-dominated fields such as STEM (science, technology, engineering, and mathematics).

The United States Agency for International Development (USAID) in collaboration with YouthPower Learning aim to empower young women through the Young Women Transform Prize asking youth in developing countries to create solutions to advance the economic empowerment of young women in their communities. The Volvo Group and Standard Chartered are joining as partners in the Young Women Transform Prize alongside USAID.

This prize competition is intended to stimulate and promote innovative approaches and new evidence, particularly from youth-led, youth-serving organizations, to barriers to young women’s economic empowerment by awarding two types of prizes:

  • Creation Prizes of up to $35,000 each: to support the development and implementation of activities with the potential to broaden young women’s access to, and choice over, employment and economic security, with a focus on collecting and disseminating learning; and


  • Recognition Prizes of $15,000 each: to recognize innovative strategies that have improved young women’s economic opportunities, and collect and share learning from that innovation.

Awards will be made to applicants offering youth-led approaches that address specific barriers to young women’s economic empowerment, which include but are not limited to:

  • Safety, workplace discrimination, and occupational expectations
  • Education and skill training for employment
  • Access to assets, networks, and economic security

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