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HSA Group and the European Union Announce Strategic Partnership to Drive Youth Job Creation and Economic Opportunities Through Innovation in Yemen

      This long-term collaboration reflects a shared commitment to support the critical role ofYemen'sprivate sector in empowering communities through innovation and employment. Working together, HSA Group and the European Union aim to invest in local potential, stimulateYemen'sinnovation ecosystem, and create economic opportunities for youth that are essential toYemen'sfuture. As a first step in this exciting new chapter, the two parties are launching theSocial...
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This long-term collaboration reflects a shared commitment to support the critical role of Yemen's private sector in empowering communities through innovation and employment. Working together, HSA Group and the European Union aim to invest in local potential, stimulate Yemen's innovation ecosystem, and create economic opportunities for youth that are essential to Yemen's future.

As a first step in this exciting new chapter, the two parties are launching the , building on the success of the inaugural SIL pilot launched in early 2024. Developed by HSA Group in collaboration with the ROWAD Foundation, the SIL pilot demonstrated the power of local innovation in addressing economic development challenges – especially in the agriculture sector. Over a 12-month period, it engaged more than 300,000 youth, crowdsourced 400 ideas, hosted a national hackathon, and incubated 11 promising projects.

The upcoming SIL: will apply the same model to the education sector, encouraging effective, community-rooted solutions to put Yemen's youth on a path to opportunity and good jobs. The new five-year phase of the SIL, co-funded by the EU, will enable the program to hold five Social Innovation Labs over the next five years, expanding its reach to different sectors, deepening its impact, and promoting long-term innovation capacity,  economic security and stability across the country.

The Lab will focus on:

The launch of the SIL: comes as a key component of the broader – a flagship EU-funded programme aimed at scaling up Yemen's entrepreneurial ecosystems. Implemented by ROWAD Foundation and DeepRoot Consulting, Wathba leverages private capital and grant funding to foster sustainable, peace-positive investments. It includes four main components: the Social Innovation Lab, the Wathba Accelerator, the Yemen Angel Investment Network, and the Wathba Impact Investment Fund. Together, these pillars aim to unlock economic opportunities, empower women and youth, and promote long-term stability by supporting high-potential startups and innovation across vital sectors such as agriculture, education, and energy.

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The SIL invites innovators, educators, and partners across sectors to engage with the and contribute to shaping a more inclusive, resilient, and innovative Yemen .

For media inquiries or to learn more, please contact:

Maamoun Yafi , Chief Communications Officer, HSA Group – Yemen Region: media@hsa.com.ye   

Or visit our website: https://www.hsayemen.com/en/our-impact/economic-development-initiatives/

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