project name · team name · country · school (if applicable) · mentor (if applicable)
DESCRIPTION
Personal Experience of Unemployment Situation On 25 th January 2013, five classmates planned a reunion dinner Only two could make it to the venue despite being in same city Karachi Their absence had a link with unemployment: – Jobless friend 2 was ashamed of showing up – Insecure feeling of friend 3 due to political instability abstained him – Long job hours of friend 5 prevented him from reunion Even those who managed to meet were effected by unemployment: – Irrelevant job market forced friend 1 to go abroad for higher studies – Dissatisfied with situation friend 4 is seeking immigration elsewhereTRANSCRIPT
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Project Name
· Team Name· Country
· School (if applicable)· Mentor (if applicable)
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Story of a Reunion DinnerStudying abroadFriend 1:
Friend 4: On job but planning immigration
Jobless, ashamed of showing up Friend 2:
Friend 3: Stuck in poor law & order situation
Friend 5: Over worked at job
Undergraduate Classmates
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Personal Experience of Unemployment Situation
• On 25th January 2013, five classmates planned a reunion dinner
• Only two could make it to the venue despite being in same city Karachi
• Their absence had a link with unemployment:
– Jobless friend 2 was ashamed of showing up
– Insecure feeling of friend 3 due to political instability abstained him
– Long job hours of friend 5 prevented him from reunion
• Even those who managed to meet were effected by unemployment:
– Irrelevant job market forced friend 1 to go abroad for higher studies
– Dissatisfied with situation friend 4 is seeking immigration elsewhere
![Page 4: Project Name · Team Name · Country · School (if applicable) · Mentor (if applicable)](https://reader036.vdocuments.net/reader036/viewer/2022082723/5a4d1af37f8b9ab05998005c/html5/thumbnails/4.jpg)
Youth Unemployment in Pakistan• Poor literacy level leaves half youth population as unskilled worker or casual hawker
• General graduates have few options of employment due to limited economic diversity
• Engineering and business graduates face saturation in job market due to low industrial growth
• Brain drain of top talent due to poor economic conditions
• Political instability hampering investment and increasing unemployment which is further creating law & order issues
63% population under 25 years
53% youth literacy rate
21% youth Unemployment
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The Solution - NPGI
Conceptual Map of “Our solution ABC”leading to self employment for youth
Ideas Product / Service
Self Employed Business
Business Students
Engineering Students
Business Graduates
Engineering GraduatesCo
llabo
ratio
n
Busin
ess P
artn
ers
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NPGI – Background and
Business Students-Make business plans for
completing degree requirements
- Identify market opportunities for new
products or novel solutions
- Handle organizational affairs and management
Engineering Students- Make prototypes for
degree requirements - Design & build new
products or novel solutions
- Find new application of technologies
- Handle production and operation activities
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NPGI - Details • Engineering project and Business Plan development for an idea through cross discipline collaboration
• Integration of two mandatory academic efforts to prepare and launch working business
• Generating self employment for graduating youth
• Employment of youth in support functions of resulting business
• Initiate voluntary integration by providing common platform to interested students
• Students find and agree to working on an idea
•Facilitate conversion into working business through involvement of experts
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NPGI – Platform• Collaboration over internet and physically
• A platform will host ideas, interested groups, industry professionals
• Internet website will be launched inviting and indexing ideas for development
• Students can initiate requests to work on particular ideas based on their interests, geographic proximity and project requirements
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NPGI – Deployment Plan • In 1 month - during pilot phase, few ideas will be posted for adoption by interested students based in educational institutes of Karachi city of Pakistan
• After 3 months - in next phase the platform will enable collaboration opportunities in other cities of Pakistan i.e. Lahore, Islamabad
• After 6 months - platform framework will be available for implementation in any other part of the world where both business and engineering students are present
• After 1 year – Based on successful outcomes, subsequently encourage adoption by relevant departments of educational institutes for deeper engagement of youth.
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NPGI – Planned Outcomes • The team member will spend a maximum of 10 hours per week for one month to launch pilot phase, totaling 40 hours.
• Same 40 hours will be required for deployment of platform to other cities
• As a practical consideration, the success rate of launching and sustaining a business is considered to be 50%
• Each successfully launched business is projected to employ 20 young people at initial stage
• 25 successful business will employ total of 500 unemployed youth in first year
• In subsequent years the initiative is planned to facilitate 100 groups of students hence generating 50 new businesses employing 1000 youth at initial stage, theoretically.