GAP - THE GRADUATE ASSET PROGRAMME “BUSINESS-CENTRED SOLUTIONS FOR GRADUATE INTERNS” The Graduate Asset Programme (GAP) is an initiative designed to put our national assets to work, by matching capable and motivated graduate interns with SMEs looking for skills. GAP is driven by a business imperative, ensuring first and foremost that the graduate delivers value to the host business, which will in turn provide real work experience to these committed, educated young South Africans who are the future of our country. The programme aims to start by facilitating the placement of 24,000 graduates over the next 3 years, and to encourage the successful conversion of 30% of these into longer-term opportunities in approximately 8500 small and medium host businesses. GAP is driven by a user-friendly, business –focussed matching website, with support and resources available for business and graduate alike. Implementing agency Fetola are using a partner-based model to create a powerful, workable solution to the country’s burning need for Youth unemployment solutions. Capable providers wishing to assist in all aspects of programme rollout are invited to make contact. The initiative is made of three distinct parts, namely web-based candidate selection, work readiness training and Post Placement support. We recognise that businesses growth is the driver of jobs, and therefore all these elements are supported by a separate fourth element, namely business support (enterprise development). 1. WEB-BASED CANDIDATE SELECTION Job profiling (Business) Graduate profiling Matchmaking Contracts, Job Description, Induction 2. WORK-READINESS TRAINING Work Readiness Training (Office readiness, MS Office, telephone, productivity, etc.) Fundamental skills (Driving skills, English for Business, Business reality) 3. POST PLACEMENT SUPPORT Intern Mentor (1 x week, monthly report) Employee feedback (monthly) GAP FUNDAMENTALS GAP is implemented via partners involved in education, recruitment and business support, providing a seamless service to host businesses and graduates alike. Online services are free, and further access to qualified support is facilitated from the website. Funded by private and Government supporters, the value-added services of GAP are designed to boost the success of the participating businesses, provide real learning to Graduates and generate significant and sustainable economic impact countrywide. The GAP portal (www.gogap.co.za – currently under development) will be a single entry point for host businesses to find, assess, recruit and support suitable graduate interns. GAP provides effective & user-friendly matchmaking tools to make selection of interns a seamless process. The website encourages success through provision of practical tools & resources, FAQs and useful information for host business and graduates, and a performance monitoring tool to auto-analyse results. Off-web services include a pilot bridging programme for Eastern Cape graduates – consisting of English for Business, Driving skills and computer skills. VALUE PROPOSITION OF GAP The Graduate Asset Programme is The Right Thing to Do – for businesses, for graduates and for South Africa. Under the call to action of Let’s get our Country Working, the value it offers is: The value to the host business from a graduate intern includes: More Hands on deck Increased energy in the business Insight into South African society & new markets (race, culture, geography) Risk-free period for selecting potential long-term recruits Flexible, Low-cost staffing Educated, intelligent & fresh thinking. The value to the Graduate includes Real work experience Personal development and life skills Training in work-appropriate skills Improved employability Potential for long-term placement The value to partners in the network of GAP providers includes Increased visibility leading to better sales, profitability & sustainability Inclusion in national marketing and promotional campaigns Access to shared resources and knowledge Improved results through association with a visible, successful initiative The value to funders and sponsors includes Visibility Changing South Africa’s future Being part of a national solution Accessing maximum BEE scorecard points whilst making a real difference Creating sustainable jobs without the burden of employment BUDGET AND FUNDING The initial 3-year budget for this programme is R29 million, of which Jobsfund have pledged R8 million and Old Mutual R1 million. The shortfall (R 20 million) will be recouped from additional Corporate & Government fundraising, and, in time, from advertising revenue via the portal. GAP provides an ideal vehicle for corporates wishing to contribute ED and SED funds, and to those wishing to be seen, and valued in this space. GAP stands to be an inclusive, non-partisan and powerful solution to the challenges of graduate unemployment and SME competitiveness and sustainability in SA. TIMELINE & NEXT STEPS Oct 2012 - Funding received from Jobsfund Oct – Mar 2013 Planning and partnership development, website Apr – June 2013 – website testing, launch to Partners & Funders Apr 2013 onwards – Launch to Business June 2013 - Launch to Graduate THE BUSINESS SUPPORT (ENTERPRISE DEVELOPMENT) PHASE This supplementary phase falls outside the GAP initiative itself, but is an important component of the successful growth of small and growing host businesses. Currently Fetola runs an award-winning business support programme (see www.golegends.co.za ), which provides this service to 100 companies nationwide. This is ready to scale up, and together with partners to provide the necessary services to business. The cost for this programme will be raised through enterprise development grants, and on a “Pay as you Grow” sliding scale to host businesses. Services provided to host businesses in this programme: Business Training (E-learning & Workshops) Mentorship & consultants Networking & Peer to Peer Support Access to Resources (Market , finance, tools & templates) The value to the host business of the Business Support Programme (Enterprise Development) includes Increased business confidence Improved productivity & profitability Growth Access to new networks and opportunities About Fetola Fetola was launched in order to make a positive difference in South Africa. Our vision ‘to change lives for the better, forever’ arises from the belief that no-one is fully empowered unless they have the ability to generate the money they need to live. We see the small business sector, incorporating NGOs and community-based projects, as the ideal vehicle for the sustainable empowerment of people.