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IMC Venezuela: Mentoring New Hopes in Venezuela’s Developing Economy

Through mentorship, let’s join hands to take Venezuelans into a future that transcends its hydrocarbon economy.

CONTACT IMC VENEZUELA

IMC Membership

Join the IMC Venezuela Region as a member to enjoy discounts on mentor credentials, mentoring certification, and mentoring accreditation. Enhance your mentoring knowledge with helpful resources and templates while being part of an international mentoring community.

IMC Credential

Take your career to the next level and increase your credibility with credentials from a mentor like CAM, CPM, or CMM. IMC Venezuela Region offers different avenues of acquiring and renewing these credentials, assisting in your development as a mentor.
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IMC Accreditation

Stand out globally for your mentoring efforts with IMC accreditation for your organization or training facility. IMC accreditation confirms your mentoring initiatives meet international mentoring requirements in Venezuela.

Mentoring in Organizations

Emphasize your company's dedication to staff development through mentor certification. IMC accreditation ensures that your mentoring programs are in line with international best practices, offering certification opportunities and bolstering a solid mentoring culture.

IMC in Venezuela

Mentorship is central to Venezuela’s future, focusing on macroeconomic and oil-sector recovery. The decline of the nation’s private sector in the past decade further necessitates this.

Digital and entrepreneurial training, entrepreneurship in universities, tech and innovation startups, and expert-led virtual mentorship initiatives are leading the economy into the future in a steady manner.

The International Mentoring Center Venezuela wholeheartedly supports the nation’s positive transformation by establishing and promoting the highest mentorship standards.

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🇻🇪 Mentoring in Venezuela Key Statistics

Fully attributable macroeconomic, labour market and fiscal indicators — sourced exclusively from public, auditable reports.

As of July 2026 · Sources: BCV · UNDP · World Bank · Trading Economics · Macrotrends
▶ National Economic Indicators VERIFIED
Venezuela – Macroeconomic Landscape 2024–2025 · Public Records
Real GDP growth (2024, UNDP) 6.1%UNDP / BCV estimate
6.1%
Real GDP growth (2024, govt) 9%BCV / Presidential announcement
9%
GDP per capita (2024) ~$4,540current USD
$4,540
GDP (nominal, 2024) $120.6Bcurrent USD
$120.6B
Sources: UNDP Economic Report (Dec 2024) · BCV · AVN (Jan 2025) · Worldometer
▶ Inflation Indicators VERIFIED
Consumer Price Inflation 2023–2025 · Banco Central de Venezuela
Annual inflation (2023) 189.8%BCV official figure
189.8%
Annual inflation (2024) 48.0%BCV official figure
48.0%
Annual inflation (2025) 475.3%BCV official figure
475.3%
Inflation (12 months to Apr 2025) 109.9%annualized
109.9%
Inflation (first 2 months of 2026) 51.9%cumulative
51.9%
Sources: BCV · Finanzas Digital (Mar 2026) · BancayNegocios (Mar 2026) · El Estímulo
▶ Labour Market Indicators VERIFIED
Employment, Unemployment & Informal Sector 2024 · BCV · ILO · ENCOVI
Unemployment rate (2024) 5.3%record low
5.3%
Unemployment rate (ILO estimate, 2024) 5.5%World Bank modelled estimate
5.5%
Unemployment rate (2025) 5.3%unchanged
5.3%
Informal employment 75.9%of workers
75.9%
Self-employment / informal economy 48%of population
48%
Informal workers (total) 7M+highest in Latin America
7M+
Sources: Trading Economics · BCV · World Bank · R4V (2024) · ENCOVI · Banca y Negocios (2024) · Atraem
▶ Youth Unemployment VERIFIED
Youth (Ages 15–24) Labour Market 2024 · ILO · Macrotrends
Youth unemployment rate (2024) 10.16%ILO estimate
10.16%
Youth unemployment rate (2023) 10.27%ILO estimate
10.27%
Youth unemployment rate (2022) 10.58%ILO estimate
10.58%
Sources: Macrotrends · ILO
▶ Public Debt & External Sector VERIFIED
Public Debt & External Accounts 2024 · BCV · Transparencia Venezuela
Total external debt (end 2024) $164.4BUSD
$164.4B
External debt per capita (2024) $5,788USD
$5,788
Public debt (peak, 2018) 186%of GDP
186%
Debt status Defaultsince 2017
Default
Current account balance Surplusdriven by oil exports
Surplus
Sources: Transparencia Venezuela (Oct 2025) · Wikipedia · BCV · UNDP Economic Report (Dec 2024)
▶ Key Insights

GDP Recovery

6.1%

UNDP-estimated GDP growth in 2024, driven by oil sector recovery (14.2%) and non-oil activity (4.7%).

UNDP · BCV (Dec 2024)

Inflation Volatility

48% → 475%

Inflation surged from 48% in 2024 to 475% in 2025, reflecting renewed monetary and exchange rate pressures.

BCV (Mar 2026)

Record Low Unemployment

5.3%

Unemployment at historic lows in 2024–2025, though informal employment remains exceptionally high at 75.9%.

Trading Economics · BCV

Informal Economy Challenge

75.9%

More than three-quarters of Venezuelan workers are in informal employment — a critical target for formalisation and mentoring.

R4V (2024)

Youth Unemployment

10.16%

Youth unemployment nearly double the national average, though down from pandemic-era peaks.

ILO · Macrotrends (2024)

External Debt Overhang

$164.4B

Venezuela remains in default since 2017, with external debt exceeding $164 billion at end-2024.

Transparencia Venezuela (Oct 2025)
Data Certification: Every indicator presented above is sourced from publicly available, auditable reports published by the Banco Central de Venezuela (BCV), the United Nations Development Programme (UNDP), the World Bank, the International Labour Organization (ILO), Trading Economics, Macrotrends, Transparencia Venezuela, and the ENCOVI survey. No program-level estimates, internal monitoring data, or unaudited figures are included in this infographic. All numbers are independently verifiable. Note: Venezuelan economic data should be interpreted with caution given the country's prolonged economic crisis and data reporting challenges.
International Mentoring Center · Insights Hub · Venezuela Data verified against primary sources as of July 2026
Sources: Banco Central de Venezuela (BCV) inflation data (2023–2025) · UNDP Macroeconomic Performance Report (Dec 2024) · World Bank / Worldometer (GDP, GDP per capita) · Trading Economics (unemployment) · ILO / Macrotrends (youth unemployment) · R4V (informal employment) · ENCOVI / Banca y Negocios (self-employment) · Transparencia Venezuela (external debt) · Wikipedia / BCV (public debt history).

Upcoming Chapters

Caracas

Caracas

Status: Launching Soon

Accepting Volunteers
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Maracaibo

Maracaibo

Status: Launching Soon

Accepting Volunteers
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Guacara

Guacara

Status: Launching Soon

Accepting Volunteers
Lead This Chapter

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Benefits of Mentoring in Venezuela Impact Delivery

How structured mentorship drives workforce readiness, academic achievement, and professional leadership — building resilience and opportunities across Venezuela.

As of July 2026 · Sources: IESA · BID Lab · VenAmCham · UCAT · UCAB · Startup Ecosystem Awards

Workforce & Organizational Benefits

Tech Entrepreneurship & Acceleration

EmprendeTECH, a strategic initiative by IESA and BID Lab, trained 481 entrepreneurs through four editions. The program delivers 12 weeks of intensive mentoring with 49 certified mentors delivering over 10,890 minutes' worth of sessions. 169 startups have successfully graduated as of 2025. 50% of participants are women and 70% are youth.

International Recognition

In 2025, EmprendeTECH was recognized by the Startup Ecosystem Awards as the seed ecosystem with the biggest capacity to attract financing in Latin America.

Academic-Industry Integration

The FaCES-UCV and VenAmCham pilot program provides students with comprehensive support that includes business tutors and academic mentors, strengthening the link between academia and the business sector.

Academic & Youth Development Benefits

University Social Innovation

"El Reto U" has supported the training of over 7,000 students over 20 years. In its latest edition, 87 mentors supported students, providing 171 mentoring opportunities and 149 hours of volunteer mentoring.

Youth Leadership & Border Development

A pioneering project by UCAT and UNDP is training 16 students to boost youth leadership and promote comprehensive human development in the border regions.

Scientific & Technological Youth Development

The National Scientific Seedbeds Program democratizes access to scientific and technological knowledge for new generations through agreements between Gran Misión Venezuela Joven (GMVJ) and Gran Misión Ciencia, Tecnología e Innovación (GMCTI).

Professional & Social Impact Benefits

Women's Leadership & Political Empowerment

The Nora Castañeda International School of Women's Leadership trains all Venezuelan women in values, leadership, organization, and entrepreneurship.

Community & Grassroots Economic Development

The "Aprende y Emprende" program provides comprehensive support and intensive technical training, transforming local talent into profitable productive units. The "Mujer Raíz" ecosystem intends to support and transform female entrepreneurship in Venezuela.

Women's Entrepreneurship

The Association of Women Entrepreneurs of Venezuela (AMEV) has trained entrepreneurs for free since 2016, with multiple cohorts of its flagship program. Fe y Alegría and SOS Children's Villages promote the "Entrepreneurial Route" for women in situations of risk.

International Mentoring Center · Venezuela Chapter Sources: IESA · BID Lab · VenAmCham · UCAT · UCAB · Startup Ecosystem Awards · MinCiencia · MinMujer

Accreditation Process

How Organizations in Venezuela Can Get IMC Accreditation

To maintain the highest level of standards in global mentoring, IMC has a rigorous review system to audit your organization’s program quality as part of our strict accreditation process requirements in Venezuela.

Your organization can opt to provide a mentoring program with more than 20 hours of training or a shorter one. This can get you a training accreditation or an endorsed training accreditation.

Your program must include mentoring skills and domain or knowledge development so as to be eligible for accreditation. Every program must incorporate the following three sections compulsorily:

  1. The IMC Definition of Mentoring
  2. The IMC Code of Conduct and Ethics
  3. The IMC Core Competencies (minimum of 3 are must for accreditation)

The programs must provide participants with the necessary skills for each credential and ensure that the trainer is the primary mentor supervisor for at least a year.

The accreditation will be valid for three years from the date of issue.

The Accreditation Application Flow

The entire accreditation application process takes around four to six weeks. 

Stage 1: Organization Details

Stage 2: Program Details

Stage 3: Instructor Detail

Stage 4: Terms and Conditions

Following a successful review, you’ll receive an email notification confirming your IMC accreditation status and a media kit to display your accreditation.

Please feel free to contact us for any further clarification

FAQs

There are 3 local chapters in Venezuela in:

  • Caracas 
  • Maracaibo 
  • Guacara 

Commitment – upholding excellence, integrity, and accountability.

  • Commitment – upholding excellence, integrity, and accountability
  • Contribution – playing an active role in growing the mentoring profession.
  • Collaboration – fostering partnerships across cultures and industries.
  • Competence – championing ongoing development to ensure mentors are capable and well-prepared.
  • Compassion – listening, supporting, and understanding without judgment.
  • Creativity – encouraging innovative thinking and new approaches to problem-solving.
  • Community – building a global network of mentors committed to support and collective impact.

The IMC Venezuela region offers two distinct accreditation pathways—Accredited Training and Endorsed Training. Detailed information can be found on https://mentoringcenter.org/accreditation/

The International Mentoring Center Venezuela region offers the following three credentials if you meet the eligibility criteria:

  • Certified Associate Mentor
  • Certified Professional Mentor
  • Certified Master Mentor

To get more information or to express your interest in joining or volunteering, you can contact the IMC Venezuela Region Management Team directly through the main IMC support channels available on our website.

As an IMC Venezuela region chapter leader, you will have the chance to participate in activities that establish the mentoring ecosystem, holding events to promote mentoring development in Venezuela. IMC will recognize your efforts, and you will be eligible for Mentor Development Credits (MDCs) during credential renewal.

As a leader, you also gain access to exclusive IMC material, which will elevate your role and support your personal and professional growth through mentoring certifications, credentials, and accreditation.

To renew your mentoring credentials with the IMC Venezuela region, you must earn 20 Mentor Development Credits (MDCs) and pay a renewal fee of $149.
The 20 MDCs are achieved through credits earned from mentoring education, mentoring experience, and organization-based development.

Additionally, you must complete at least 5 mentoring sessions in a year.

Join IMC Venezuela