Partnering for inclusive economic growthWe work with our partners to contribute to the communities’ economic and social development. Our programs are focused on education and capacity building, while ensuring diversity, equality and cultural preservation.
When AES arrived in Colón in 2016, it faced many social challenges. One of the biggest problems was the unemployment rate, in particular the youth unemployment rate which had soared to 48%. That's why the AES team implemented the “Preparandome con Energia” program to develop technical skills, improve the living conditions and increase access to better opportunities for local youth; in alignment with UNSDG 4 and 8 (Quality education and Decent Work & Economic Growth).
Competitive Funds is a social program that aims to fund different projects that contribute towards the social and economic development of the community. This initiative was done in response to the high unemployment rate in the province and the many small businesses and potential entrepreneurs that existed, in line with UNSDG 8.
Women Entrepreneur is a social program that aims to educate woman in the technical capacities and skills to become a successful entrepreneur in their communities. This initiative was done in response to the high unemployment rate in the Colón province and the many small businesses and potential entrepreneurs that existed, particularly those belonging to women. The program wanted to tap into the potential that women entrepreneurs represent and how their success can impact other women and their communities, in line with UNSDG 8 and 5.