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Wednesday, June 9, 2021

UNDP Report (Jun 2021) - How Young Entrepreneurs in Asia-Pacific Responded to COVID-19

Title of report:
How Young Entrepreneurs in Asia-Pacific Responded to COVID-19
 
Published:
United Nations Development Programme (UNDP), 2 June 2021
 
From the description:
One year on from the declaration of the COVID-19 pandemic, Youth Co:Lab – co-led by UNDP and Citi Foundation – conducted research to assess how youth-led enterprises in Asia-Pacific were impacted by the first year of the pandemic and how they responded.  
 
The results, presented in this report, reveal how 92 percent of businesses surveyed were negatively impacted by the shock waves of the crisis: from lockdowns and collapsing demand, to broken supply chains and a credit crunch.