This brief examines a range of factors that Egyptian youth perceive to be barriers to starting their own business, including high risk, limited access to finance, complexity of micro-credit schemes, lack of business and marketing training, and the need for connections in order to succeed. According to results from the Survey of Young People in Egypt, these factors combine to create the view among many youth that entrepreneurship is not a viable means of labor-market entry. Rather, youth see entrepreneurship as either a supplemental income-generating activity while also having a “regular” job, or as a later-life employment option once they have established themselves financially or professionally. To promote entrepreneurship as a means of combating youth unemployment, financial and entrepreneurship education, and integrated loans, business information, and marketing services should be promoted.
Sieverding, Maia. 2012. "Youth perspectives on entrepreneurship in Egypt: Barriers to entrepreneurship as a means to combat youth unemployment," Survey of Young People in Egypt Policy Brief no. 5. Cairo: Population Council.