A/RES/73/225 Entrepreneurship for sustainable development Reaffirming its commitment to substantially increase the number of young people and all adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship, and acknowledging the importance of strengthening education systems, including vocational training, in order to develop relevant skills and competences, Acknowledging that social entrepreneurship plays an important role in achieving the sustainable development challenges by applying innovative market-based solutions to social and environmental problems, while being financially sustainable, and providing job and income opportunities for disadvantaged groups, Acknowledging also the importance of promoting development-oriented policies that support productive activities, job creation and entrepreneurship, including social entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small and medium-sized enterprises, including through access to financial services and the improvement of financial literacy, and in this regard recognizing the role of micro-, small and medium-sized enterprises in promoting inclusive and sustainable industrialization that could contribute to job creation for all, Recognizing that businesses will play a central role in the transition towards sustainable development and a more resource-efficient economy, including concepts such as the circular economy, by adapting their business models and value chains, Noting with concern that societal attitudes and negative preconceptions, in particular towards women, including the fear of failure, the lack of opportunity and insufficient support structures, can undermine efforts to create a culture of entrepreneurship, Recognizing the importance of quality, accessible, timely and reliable disaggregated data for monitoring progress in the implementation of entrepreneurship policies and their direct and indirect contribution to the attainment of the Sustainable Development Goals, and addressing sex-disaggregated data gaps, to ensure that no one is left behind, 1. Welcomes the report of the Secretary-General; 11 2. Reiterates the need to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all, and in that regard emphasizes the importance of improved regulatory environments and policy initiatives that promote entrepreneurship, including social entrepreneurship, and foster micro-, small and medium-sized enterprises, and stresses the positive role that entrepreneurship plays in driving job creation, reducing inequalities and expanding opportunities for all, including for women and youth; 3. Also reiterates that the persistently low wages earned by women workers impact their economic empowerment, giving rise to the need to build their economic resilience by helping them access and mobilize adequate financial resources and technologies and to undertake capacity-building to promote women’s entrepreneurship and economic empowerment, and, in addition, to empower women through entrepreneurship by increasing their employment and market opportunities through targeted education and training and greater legal protections in the workplace; 4. Encourages Governments to take a coordinated and inclusive approach to promoting entrepreneurship involving all stakeholders, while noting initiatives of civil society, academia and the private sector as important entrepren eurship drivers, and to develop policies, taking into account national priorities and circumstances, that address the legal, social and regulatory barriers to equal, effective economic __________________ 11 4/9 A/73/258. 18-22548