Objective
- Several market trends have resulted in a decreasing availability of workers fit for and/or interested in positions which require medium-to-high skills in the ICT sector (as code programming). All the while, ICT companies grow exponentially and increasingly other sectors need programming for their daily activities (Big Data). This has caused a “Skills Gap”, which by 2020 will result in the shortage of 85 million medium-to-high skilled workers and a surplus of 90+ million low skilled workers.
- The identification of this market failure, which has tremendous impact on the performance and growth of companies (lost revenue and higher costs) throughout the EU, motivated CBT to develop an innovative business model to commercially explore this opportunity with the “CBT Academy” project.
- Its’ business model and concept are based on organizing training courses to up-skill capable low-skilled workers into medium-to-high skills code programmers. The courses’ content will be defined by the effective needs of CBT Group’s ICT clients thus increasing the employment potential of the Academy’s trainees. This concept can be summarized as “Just-in-Time Skills”, where potential candidates enter a course knowing that a job opportunity will be waiting for them if they finish it successfully.
- More than 15 years of experience in the recruitment sector, in various countries, have validated the need and willingness-to-pay of companies for the results the CBT Academy wants to achieve (regular groups of motivated, capable and mobile workers to fill the growing positions with programming tasks). Although the concept is considered promising, the company feels the need to further explore, detail and quantify the business model. For this, it will develop a Feasibility Study focusing on defining and studying critical variables of the business, the deliverable to the Phase 1 of the SME Instrument.
- Thus, this proposal inserts itself in the INSO-10-2015-1 call: “SME Business model innovation”.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business economics
- social sciences political sciences political transitions revolutions
- social sciences economics and business business and management business models
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering digital electronics
- social sciences economics and business business and management employment
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
-
H2020-EU.3.6. - SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
See all projects funded under this programme
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
See all projects funded under this funding scheme
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
4100 359 PORTO
Portugal
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.