CareerKIT

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CareerKIT: 1st training community for future managers together with managers

RomaniaThe organization is in Bucharest, but it is a national project, Romania
Year Founded:
2014
Organization type: 
hybrid
Project Stage:
Start-Up
Budget: 
$50,000 - $100,000
Project Summary
Elevator Pitch

Concise Summary: Help us pitch this solution! Provide an explanation within 3-4 short sentences.

CareerKIT integrates available premium trainings that have attached valuable networking opportunities with top and middle managers and offers them to youth through online competitions. It enables youth to take control over their career development & the partners to maximize their added value.

WHAT IF - Inspiration: Write one sentence that describes a way that your project dares to ask, "WHAT IF?"

What if we could use unused training resources for reducing the youth unemployment and the talent shortage?
About Project

Problem: What problem is this project trying to address?

Globally, there are 74,5 million unemployed youth (13,1%), while the talent shortage reached 35%. EU is the biggest developed region with high youth unemployment (23,4%), while having a talent shortage of 37%. Romania has an youth unemployment of 24,1% and the highest talent shortage among the EU countries (54%) and the ones who want to overcome this challenge can’t afford to pay the needed trainings as youth poverty & exclusion rate is 44,3%.

Solution: What is the proposed solution? Please be specific!

CareerKIT is the 1st training community for future managers together with top managers that improves youth’s skills & employability through premium trainings, networking and unconventional recruitment opportunities. It integrates the available spots that have attached valuable networking opportunities with top & middle managers, donated by premium training companies for obtaining fiscal deductions and offers them to youth through online competitions. Corporate employers will recruit talented youth after evaluating their skills during the competitions and / or the trainings they will participate. It enables youth to better integrate on the labor market and the partners to consolidate their brand, raise sales & to obtain fiscal deductions.
Impact: How does it Work

Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.

For testing the idea I’ve organized 3 competitions on my blog and I’ve received more than 9.500 likes, proving youth’s interest for this kind of opportunities and also very good feedback from my partners. The follow-up showed that all the participants improved their skills and their self confidence; also, 1 of 3 participants was recruited after interacting with managers during the training and proving his skills. The training providers received very good feedback from their clients for including youth in their programs. The employers appreciated the idea so much, that some of them, besides buying the employer brand package, intend to offer spots during their in house trainings for interacting with high potential candidates.

Impact: What is the impact of the work to date? Also describe the projected future impact for the coming years.

Until now we signed partnerships with 17 premium training companies and 28 corporations are willing to test our service before buying the employer brand packages. The primary CareerKIT’s social outcome is represented by more youth with higher skills and employability. At national level, until the end of the 5th year, we’ll offer premium trainings, networking and recruitment opportunities to 100.000 youth. The secondary social outcome is represented by more youth with higher self confidence and a higher level of employers’ trust in their potential. At national level, until the end of the 5th year we will reach 1.000.000 youth who will be able to interact with 150 employers on the platform. But CareerKIT means much more than this. Due to its synergetic effect that involves all its stakeholders, it stimulates the economy on the long run and has a multiplicative effect on job creation.

Spread Strategies: Moving forward, what are the main strategies for scaling impact?

After consolidating the business model, we will scale up the project at EU level, based on the common fiscal legislation and on the communitarian policy and measures for reducing youth unemployment. We will be able to improve the skills and employability for 1 million youth and we will increase their self confidence to 10 million youth. In January CareerKIT was exhibitor at the Social Entrepreneurs: Have your say! event organized by the European Commission & the European Economic and Social Committee, where I could interact with officials and to build connections for its future development.
Sustainability

Financial Sustainability Plan: What is this solution’s plan to ensure financial sustainability?

Our income model is based on B2C sales (yearly subscription fees paid by youth of 12 euro), B2B sales (employer brand packages and negotiated fees for other advertising and employer branding services), EU funds and grants. We will have a NPV (@12%) of + 9.461.454 euro until the end of the 5th year at national level. The needed initial investment of 34.600 euro will be covered through my own sources and a crowd funding campaign.

Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?

Right now we don’t have product competitors, but strong category competition. Compared to the low cost training companies, CareerKIT offers to youth access to premium courses and also to valuable recruitment and networking opportunities with top and middle managers for a smaller fee. Compared to the free courses advertised through other channels, CareerKIT enables youth to perceive their real value, as they will have to compete for obtaining them and this will increase their motivation and also the trainings’ benefits both at personal and organizational level (their follow-up).
Team

Founding Story

The idea came up during a business conference when I’ve realized that the training market’s slump leaves many available spots that can be donated to youth. The Best Idea award received at a very early stage made me understand its huge potential for solving one of the most pressing problems. What I am today is the result of the opportunities received at the beginning of my career, inclusively, as an AIESEC volunteer I’ve participated to several premium trainings together with managers offered by our partners. The great feedback received when I’ve tested the idea motivated me to do everything that is necessary to implement it successfully, as it is my way of giving back the received support.

Team

The team is built for dealing with all the key success factors. Due to my 10 years experience in youth projects I have the needed skills & connections among corporations & youth NGOs for successfully dealing with all the non IT tasks in the start-up phase – recruiting & retaining valuable team members, keeping our brand promise daily & ensuring the operational excellence. My IT partner is in charge of ensuring the software’s security & usability.
About You
About You
First Name

Loredana Mihaela

Last Name

Simedre

About Your Project
Organization Name
How long has your organization been operating?

Project
Organization Country

, The organization is in Bucharest, but it is a national project

Country where this project is creating social impact
What awards or honors has the project received?
Funding: How is your project financial supported?

Foundations, Businesses, Customers, Other.

Supplemental
Awards

Best Idea, European Projects Awards
Special Jury Prize, JCI Social Business Plan Competition
Finalist, Social Impact Awards
Semifinalist, Intel Business Challenge
Exhibitor at the Social Entrepreneurs: Have your say! event

Primary Target Age Group

18 - 35.

Your role in Education

Coach, Counselor, Resource Officer, Other.

Please specify which of the following best applies:

I am applying on behalf of a particular program or initiative.

The type of school(s) your solution is affiliated with (if applicable)

None.

Intervention Focus

Extracurricular, Professional Development, Community, Online Learning.

Does your project utilize any of the innovative design principles below?

Putting Children in Charge: Giving children a voice and cultivating agency via experiential learning, project-based learning, and civic engagement.

Is your project targeted at solving any of the following key barriers?

One size fits all fits none: Students are disengaged and not being prepared for "real life."

Need

Expertise in atracting grants.

Offer

Expertise in creating platforms that can build comunities.

What key learning outcomes does your work seek to improve?

We will develop youth’s transferable skills and employability for empowering them to better integrate on the labor market.

Secondary Form
PROGRAM DESIGN CLARITY: We are hungry to know more about what exactly your model consists of. Please succinctly list a) what main activities are you doing with your beneficiaries, b) where you carry out the activities? c) how often? d) for how many hours? e) who delivers the services? and f) any other brief details
INSPIRATION: What do you consider the most important trends or evidence that inspire you to believe the world is ready to Re-imagine Learning? Please elaborate.
LEARNING THROUGH PLAY: What does “learning through play” mean to you and why it is a must-have, instead of a nice to have?
SUSTAINABILITY: Please list a quick breakdown of your funding, indicating the percentage that comes from each source.
MODEL: How does your mission relate to your business model (i.e. Non-profit, for-profit or hybrid)?
FUNDING PRIORITIES: If your organization were given $20K in unrestricted funding today, how would you use it? Why?
PARTNERSHIPS: Tell us about your partnerships that enhance your approach.
COLLABORATIONS: Have you considered or initiated partnerships with any of the other Challenge Pacesetters? If so, please share.
VISION: If you had unlimited funding, and you could fast forward 15 years to when your program has been able to achieve wild success - what will it have achieved?
IMPACT - KEY METRICS: Please list the key data points that you would cite as evidence that you are able to achieve lasting learning outcomes. Please also share one data point for which you most hope to see better results over time
IMPACT - REPORTING SAMPLE: Please attach any examples of your impact reporting. [optional]:
RESEARCH AND EVIDENCE: Please link or attach any research or evidence resource you are open to sharing more widely [optional]. Building research and evidence is a key aim of this initiative, and the resources you share may be chosen for listing in the Center for Education Innovations library:
SOURCE: If applicable - who created the research or evidence you are choosing to share? :
IMPACT - REACH: How many people did your project directly engage in programmatic activities in the last year?

STUDY: Has an external evaluation or study been conducted of your organization?

Other (please specify)
Number of Employees:

Number of Volunteers:

APPROACHES: Given the complexity of play, it is not surprising that there have been numerous research attempts to categorize the different types and approaches! Please indicate which of the following your project focuses on.

Other (please specify)
AFFILIATION: Please specify if your organization has any existing affiliations with the LEGO Group.

Comments

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