New Employment Opportunities (NEO)
This multi-stakeholder initiative aims to close the gap between youth skills and employer demand for a qualified workforce in Latin America and the Caribbean. Launched in 2012 at the Summit of the Americas, NEO is led by the Inter-American Development Bank (IDB), through its Multilateral Investment Fund (MIF) and its Labor Markets Unit, IYF, and partners Arcos Dorados, Caterpillar Foundation, CEMEX, Fondation Forge, Microsoft, SESI, and Walmart. NEO is providing high-impact, market-relevant training and services to disadvantaged youth ages 16 to 29 and mobilizing the support of at least 1,000 companies. Bringing together stakeholders from the public, private, and civil sectors, NEO supports the formation and growth of alliances in 12 countries with financial resources, technical support, and capacity strengthening services. Rutas, Clave para el Futuro, Social Retail School, and EquipYouth are associated projects, contributing to NEO's goal of improving employment opportunities for 1 million youth by 2022.
Visit the NEO website.