Edunomics Limited • Edunomics Limited • York Street Linstead St. Catherine • bennettc64@gmail.com INTRODUCTION • 8762175150 • Christopher Bennett • Male • We are a Jamaica e-learning company that offers our users access to cost effective materials(Study questions and Video Lectures), access to sitting of Certificate exams and training/upskilling. Who we are? Edunomics Limited aims to help individuals who want to access cost effective qualification, Job Placement, recruiting, training and upskilling. We aim to provide for our customers a one stop shop for meeting potential workers, building your ideal workers and upskilling workers through our system edunomics.biz • Business Goal (12 month focus): We aim to develop a Platform that will take users directly from the educational system through needed training or tertiary studies and into a job. This will be done through collaboration with private and public bodies. PROBLEMS WE AIM TO SOLVE Want a sense of belonging Textbooks, past papers, marathons and extra classes can be costly Available LMS platforms locally may be created by overseas companies which may charge in USD Students having to be present at physical locations in order to access CSEC materials Receiving feedback for practice questions can be inconvenient Teachers find it difficult to assess and monitor students via. online platform Inability of students to sit CXC exams early, at their enrolled high schools Challenge in acquiring fundamental certification for skill Course offering is dependent on institution ability to meet student targets Change in Course objective or training deliverables as a result of economic changes Challenge in sourcing available trained or qualified individuals to fill job roles Lack of access to more customer friendly Online Education Platform Lack of exposure to opportunity in overseas market for skilled worker • Our solution to this problem is the development of a platform that students, companies, institutions can meet and collaborate to help shape the future of our country. SOLUTION • This will be the first platform where students will be able to see the needed skills for employment and gain the needed qualification on the platform, companies will be able to build their perfect employee, institutions will be able to seamlessly collaborate with companies to meet the needs of the world. All businesses and institutions will be able to host training materials to the system for certification. Edunomics will provide service and process innovativeness by collaborating with third parties local and international entities to provide necessary training, up scaling and job placement opportunities for individuals via. Education platform The platform will impact both the social and economic sphere by providing needed cost effective training, internship and employment for students for gainful employment, increase the access for students sponsorships, decrease the training hiring needs of companies and allow everyone to be able to ahead of changes and be able to adjust the curriculum and training needs to meet those need • The market demand is high as colleges and universities face difficulties in accessing needed hands-on skills for student during their studies over 15000 students need access • Companies need access qualified and trainable individuals to quickly fill positions to be able to scale their operation over 5000 small, macro and large enterprises need a more efficient way of hiring MARKET DEMAND • Students need the opportunity for on the site training and employment throughout their studies. Over 20,000 would like to use their field of study to work and learn instead of relying on just work and travel. • This also opens the opportunity for overseas collaboration and qualification and training for students, universities and companies • Over 50,000 students leave the traditional educational system needing of employment and not being able to access. • This also opens the opportunity for overseas collaboration and qualification and training for students, universities and companies TEAM •Lance Farguarson • Director TEAM •CHRISTOPHER BENNETT •CEO •FOUNDER •Director ACCOMPLISHMENTS Winner of the JSE pitch room competition 2021 • Vision statement: Our vision is to empower individuals and organizations worldwide to reach their full potential through lifelong learning and professional development. Strategic Outlook • Mission statement: Our mission is to deliver cutting-edge training and development programs that are tailored to the specific needs of our clients. We strive to provide accessible, affordable, and high-quality upskilling opportunities that help people advance in their careers and achieve their personal goals. Strategic Outlook • Strengths: Our company has a unique value proposition, where we combines upskilling, content hosting and job posting services, which allows us to offer a more complete solution to our clients. • Weaknesses: Our company is a start-up, so it lacks brand recognition and has limited resources to invest in marketing and outreach. We also face competition from other companies offering similar services. • Opportunities: With the increasing trend of lifelong learning and the growing need for upskilling, there is a significant opportunity for our company to grow and expand. The increased use of technology in the job search process presents an opportunity for us to leverage technology to improve our platform and make it more user-friendly. • Threats: Economic downturns may negatively impact the amount of funding available for training and development, which could decrease demand for our services. The company must also stay up-to-date on industry trends and changing skill requirements to ensure our platform remains relevant. Develop partnerships with companies, recruitment agencies and education providers to expand our job postings and upskilling offerings. Invest in marketing and outreach campaigns to increase brand awareness and attract job seekers and employers to our platform. Strategies and Tactics: Continuously gather feedback from users and use it to improve the platform's user experience, functionality and scalability. Develop an analytics and reporting functionality to allow users and employers to track their progress and return on investment. Leverage technology such as machine learning and AI to personalize job matching and upskilling recommendations for users. REASON FOR COLLABORATION • Upskilling is key part of everyone’s career. We at Edunomics Limited would like to collaborate with the university to offer: • Degree programs • Certificates • Diplomas • Short courses • Upskilling courses • Etc These will offered via our platform Edunomics.biz. Businesses and individuals will be able to access training and certification on the system and apply for employment and internship on said platform. We aim to provide a means for students to gain needed skills and certification through the collaborations with ourselves and institutions
