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An opportunity to make a difference in Skill Sector through support from UnLtd India

Brunda Murthy by Brunda Murthy
February 28, 2017
Reading Time: 4 mins read
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Availability of skilled workforce is a basic requisite for a progressive economy and Government of India is striving to realize its goal to train over 40 crore (400 million) people in India in different skills by 2022.

Why skill the youth?

Just as literacy would have a direct impact on the economy of a nation, so does skilling – for it can be translated into employable knowledge yielding jobs across a diverse range of industries. Few top advantages that summarize the impact of having skilled workforce:

  • Increased employment opportunities for the youth
  • Better skilled labour for various organizations
  • Enhancement of the national economy

Nonetheless, the gap between knowledge/skills and jobs, and lack of availability of skilled human resources calls for many interventions in the social sector. Empowering youth with appropriate training and helping them get a job or supporting them to become entrepreneurs is one of the ways to address the key issue of poverty alleviation and social upliftment. This is indeed the need of the hour!

UnLtd IndiaThere are many more miles to go in addressing the pressing social problems of the country with the help of right innovative ideas and committed individuals. In order to help the skilling sector fulfil its goals, we need more social entrepreneurs to come forward and address the gaps in the sector with creative solutions.

Are you passionate about scaling your organization? Have you been training youth in job-oriented skills? Or supporting career counselling, skilling and vocational education at the high school level? 

Are you a social entrepreneur or a change maker fused with energy and new ideas striving towards improving the skills and employability sector in India, and looking for guidance, mentoring and funding? Do you . . . 

  • Educate (develop core employability skills through training, reskilling)
  • Encourage (career guidance, link with industries, mentors etc)
  • Enable (Facilitate placements, jobs and livelihood)

Or, do you have any other idea that can help the skilling industry close the skill gap and enhance employment outcomes?

“Skill development in India urgently needs new ideas and fresh entrepreneurial energy. Significant public and private investments in the skill development sector have started yielding results, however, there is lot of work that still needs to be done to deliver on the promise of skill training to transform the economic lives of low-income youth. With the support of our partners, we plan to leverage our experience in early-stage incubation, to specifically support social enterprises and non-profits in the skills sector.” Pooja Warier, Co-founder and CEOPooja Warier, UnLtd India

If you have products and services focused on skills and employability, then UnLtd India, along with J.P, Morgan and the Michael and Susan Dell Foundation (MSDF) invites you to apply to a uniquely customised incubation program that will help you develop your organisation and its impact. What UnLtd India is looking for:

  • An innovative solution to challenges across the skills sector value chain
  • A socially motivated individual open to receiving capacity building support
  • An organisation that is 0-5 years old
  • A non-profit, social enterprise or hybrid model

About UnLtd India

UnLtd India, is a launchpad for early stage social entrepreneurs. UnLtd India has partnered with J.P. Morgan and the Michael & Susan Dell Foundation to launch an INR 4 Crore initiative to find and support early-stage entrepreneurs who are building cutting edge products and services focused on skills and employability. This could include content development, career counselling, innovative training and, financing mechanisms, assessment, placement or post placement services.

Alumni UnLtd India Fellows: Here’s a glimpse of organizations that were previously supported by UnLtd India’s incubation program in skilling, livelihoods, education and employment space:

  • Rose Education: The goal is to spread computer literacy in rural India regardless of age or education level.
  • Aasaan Jobs: An online platform to upskill and connect unskilled individuals with employers for blue collar jobs, using a benchmarking scheme and training courses to ensure employee performance.

UnLtd India funded organizations

Apply now! Click here to apply online. UnLtd India’s application process is currently open. The deadline for applying is 15th March 2017.

UnLtd India is committed to find, fund and support social organizations that provide sustainable solutions to India’s pressing social problems and provides some fantastic support to social entrepreneurs:

  • Coaching and mentoring to help scale their organizations
  • Leadership development
  • Networks with funders, experts and other stakeholders in the skills sector
  • Financial support in the form of a Fellowship stipend
  • Access to a peer community of likeminded, socially driven entrepreneurs

“We received valuable insights from experts and the associate. It is great to have a third party view of the idea from someone who can point out the not so realistic looking features of the business model.” –Dinesh Goel, CEO, AasaanJobs                                                                

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Tags: funding for skill developmentPrivate funding and support for skill developmentSkill development entrepreneursskill development startupsSkill India fundingsocial enterprisessupport social entrepreneurstraining partnersUnLtd India
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