The Atal Innovation Mission (AIM), NITI Aayog, and the United Nations Development Programme (UNDP), in partnership with Citi Foundation, have launched the seventh edition of the Youth Co:Lab National Innovation Challenge for 2024-2025.

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About Youth Co:Lab

• Foundation: Youth Co:Lab was founded in 2017 by UNDP and Citi Foundation.
  • It aims to empower youth and promote the implementation of the Sustainable Development Goals (SDGs) through social innovation and entrepreneurship.
• Launch in India: The initiative was launched in India in 2019 in collaboration with the Atal Innovation Mission, NITI Aayog.
• National Innovation Challenge 2024-2025: This edition focuses on empowering young entrepreneurs and entrepreneurs with disabilities.

Key Achievements of Youth Co:Lab

• Regional Reach: Supported young social entrepreneurs in 28 countries and territories across Asia and the Pacific since 2017.
• Wide Engagement: Engaged over 255,000 participants through national dialogues, regional summits, and innovation challenges.
• Youth Development: Benefited 15,000+ young people through skills development activities and supported 1,700+ youth-led innovation and entrepreneurship teams.
• Collaborative Network: Established a Youth Empowerment Alliance with 210+ ecosystem stakeholders.

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About UNDP

• Establishment: UNDP was established in 1966 by the General Assembly of the United Nations.
• Focus Areas
  • Sustainable development.
  • Democratic governance and peacebuilding.
  • Climate and disaster resilience.
• Funding: UNDP is funded entirely through voluntary contributions from UN member nations.
• Headquarters: Its global headquarters is located in New York, USA.
  • The UNDP Country Office for India is situated in New Delhi.
• Reports Published
  • Human Development Index.
  • Sustainable Development Goals.
  • Gender Inequality Index.