| Abstract |
Lack of access to finance is a key constraint to job creation, particularly for micro, small, and medium enterprises. Companies in developed and less-developed countries both tend to face more financial obstacles, given the lower level of financial development. Evidence shows that improved access to credit lines and other types of finance can help generate jobs, and the results tend to be larger and more significant for small businesses in developed and developing countries. A main challenge for the financial sector is to improve the sources of financing available for firms with growth potential that are un-served (do not have a loan or overdraft but need credit) and underserved (have a loan and/or overdraft facility but face financing constraints). Small businesses are the engines of job growth in America, creating, on average, more than two-third of new jobs each year. So that, the success and prosperity of youth venture relies heavily upon the successful investment of public-private fund to the unemployed and existing self-employed youth through bank and financial institutions. Successful formulation and effective implementation of new and existing venture is the prime requisite for the successful performance of government in employment creation. Right strategy paper of sources mobilization to youth created venture has a positive impact on economic development of the country and vice-versa. Therefore, SMEs play the pivotal role to create job opportunities, it foster productive sector and aspiring for a sustainable economic development. There is no doubt that public-private financing model has a pivotal role in disseminating the government's fund and transforming them into meaningful capital investment. |