Aula startup is focusing on creating innovative ways to promote learning through practical experiences. All this effort has involved more than 120 users since November of 2018. We designed different prototypes and models, we won a prestigious entrepreneurship and innovation contest organized by Millicom Telecommunication Company in Paraguay. Besides, it was selected for the Global Competitiveness Leadership program by Georgetown University and we are part of the social incubator SeedSpot from Washington D.C. Although, this initiative is at an early stage, we are still iterating and exploring to fulfill its mission.
Underemployment in the first job
It is necessary to invest in innovative solutions that generate a virtuous circle between education, youth and the labor market.
In the world, there are high levels of underemployment or unemployment for college graduates, and this is a continued trend in most countries. Consequently, young people are demotivated to study, and this demotivation causes a decrease in their competitiveness. As a result, businesses owners prefer to hire people with more professional experience, generating a vicious circle between education, youth motivation and the labor market, leaving a large gap between universities and first jobs, which is being "filled" by unemployment or underemployment in areas unrelated to the graduates' career.
A BIG PROBLEM
Certainly, it is urgent to lower the rate of unemployment and underemployment among college graduates. To have a picture of the dimension of this growing problem, according to the OECD by 2030 there will be more than 300 million graduates in the world, when in 2013 there were 137 million. In consequence, It is necessary to invest in innovative solutions that generate a virtuous circle between education, youth and the labor market.
It is important to note that the problem of unemployment and underemployment of college graduates is not only an economic one, it is also for the education system as well. The education system desperately needs to involve its graduates in the real-world to consolidate the theoretical knowledge learned. If these doors are closed to young people, their level of education can hardly be competitive.
What are we developing?
1. We create a network of business owners with real challenges in their operations or strategies, that could be supported by entry-level jobs.
2. We provide assessment and online resources for students to prepare in advance in soft and hard skills that are commonly required at entry-level jobs.
3. When students are ready, show motivation, and present a work plan, they may be eligible to be hired by companies enrolled in our network to solve their challenges.
4. A mentor will be assigned to each student, who is a professional leader in the related field.
5. Afterward, the student starts its professional experiences within the startups in a safe environment and continue learning with our assistance and the support of the mentor. These relationships can be face-to-face or using distance working technology.
6. At the end, the students will learn and gain professional experience, while the startups connect with highly motivated and responsible young talents.
We identify an important problem for students and we are constantly testing different features to offer an innovative solution, some are validated and others are developing. But most importantly, we always focus on proactively promoting professional experiences to students and not just waiting for openings vacancies.
The mission is to create a proactive system, where graduates can propose work plans to business owners, without waiting for vacancies to be open, which is a reactive and insufficient model. With this new proactive system, it is possible to open more entry-level jobs and motivate students to prepare themselves with mentors and online resources, for a successful performance in the professional experience they proposed and were accepted.