IYF and Caterpillar’s philanthropic organization, the Caterpillar Foundation, launched this global initiative in 2012 to increase youth employability prospects and support youth entrepreneurship. Now in its second phase, the initiative will prepare young people in seven countries with market-relevant life and technical skills training, internships, on-the-job learning, and job placement support and services. EquipYouth also supports capacity building for implementing partners, including putting in place strategic monitoring and evaluation systems. In each country, we tailor the initiative’s approach to address local youth needs. For example, in South Africa EquipYouth participants’ technical training pertains to manufacturing and heavy industry jobs.