[challenge:future] neofuture: make.it.work

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Make.It.Work Team NeoFuture: Team leader: Nejc Lotrič Matej Brezinščak Žiga Cajzek Faculty of Economics, University of Ljubljana, Slovenia

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Page 1: [Challenge:Future] NeoFuture: Make.it.WORK

Make.It.WorkTeam NeoFuture:

Team leader: Nejc LotričMatej BrezinščakŽiga Cajzek

Faculty of Economics, University of Ljubljana, Slovenia

Page 2: [Challenge:Future] NeoFuture: Make.it.WORK

31.12

.2006

31.05

.2007

31.12

.2007

310.5

.2008

31.12

.2008

31.05

.2009

31.12

.2009

31.05

.2010

31.12

.2010

31.05

.2011

31.12

.2011

31.05

.2012

31.12

.2012

0

5

10

15

20

25

30

Youth unemployment in Slovenia (%)Pe

rcen

tage

Page 3: [Challenge:Future] NeoFuture: Make.it.WORK

Recession

Bankruptcy Unchanged and even increased

labour force

Companies are hiring less and only the

most experienced

Unemployment &

depression

What’s going on?

Page 4: [Challenge:Future] NeoFuture: Make.it.WORK

The SolutionHave an idea or a dream…now what?

How will I pull it off? Where will I get the capital for it?

Our vision presents the creation of a new institution( even if only online), that will provide the youth with education, means of financing their own ideal jobs, higher youth employment and all-in-all a better future!

Page 5: [Challenge:Future] NeoFuture: Make.it.WORK

NeoFuture

Connect Educate

The two primary objectives of this institution are to connect and educate the youth

$$$, experience

Ideas, partnership

Page 6: [Challenge:Future] NeoFuture: Make.it.WORK

ConnectCompani

esCompanies that wish to hire with more diversity, special characteristics, abroad and such will search in this section

Companies can give students or the youth

guidelines as to what is expected from them in

a workplace

Students can use this to market themselves to potential employers

InvestorsThose who have, wish

to or are creating a project or a business can raise funds by

marketing their project or business to potential

investors

Microloans, Business Angels, Creditors, Investors look for

innovative, creative businesses, which they would like to be a part

of, here

Other students

Other students and youth offer general

insights into the world of business and

exchange experiences

Find other people to start joint ventures with

Research foreign markets with first-hand

responses

Network with others and exchange ideas

Connect

Page 7: [Challenge:Future] NeoFuture: Make.it.WORK

Mentor

Student Student Student Student Student

Mentor

Student Student Student Student Student Student

Mentor

Student Student Student Student Student

Mentor

Student Student Student Student Student Student

Mentor

…and so on…

EducateEvery Student becomes a Mentor

The chart shows if one Mentor takes only 5 Students, imagine what it would look like if he could take 10…

The period in which the student is able to become a mentor, is the time in which the students gets employed or creates his own business. That would take about 3 months.

Page 8: [Challenge:Future] NeoFuture: Make.it.WORK

EducateIf we continue, that one period in which a student becomes a mentor lasts 3 months, we have 4 stages in one year. Since this is a global project, we are suggesting starting with 500 initial Mentors and each Mentor taking in 5 students:Stage Number of

Students helped and Mentors created

Stage 1 2.500Stage 2 12.500Stage 3 62.500Stage 4 312.500

Starting with 500 initial mentors globally, we could help 312.500 members of the youth create their own brighter future. And that is in the first year alone.

Page 9: [Challenge:Future] NeoFuture: Make.it.WORK

To sum it all up:Step 1: Educate Step 2: Connect Step 3: Succeed

Educate the youth trough the mentorship program of those who have already faced problems and solved them successfully

Connect with companies, other students or investors to develop and launch your own company or get on the right track towards the right employment

Get the right job for the right person and create a better future by letting youth help the youth!

Page 10: [Challenge:Future] NeoFuture: Make.it.WORK

Outcome- Students get a helping hand and increase their chances of employment or self-employment-Hours spent on the solution: setting up the first website, finding the first generation of mentors and informing the youth about the new option(about 20-40 work hours)-Young people engaged and unemployed helped: on the global scale we could reach over 500.000 of the youth in the first year alone and than exponentially more in the next years.