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International higher education student recruitment going mobile

Project description

A human-machine approach to university applications

Students require guidance and orientation in the university application to increase their chances of getting into the right school. It is estimated that nearly 2 million international students seek the assistance of agents, which operate in a market that is considered fragmented and non-transparent. In this context, the EU-funded Unispotter project will develop the first education agent mobile end-to-end solution using a human-machine approach. Its aim is to automate and personalise the application journey while reducing workload and cutting costs for both students and universities. The project expects to reach more than 3 million students by 2024. It will also reach out to universities in Europe, North America and Australia.

Objective

Unispotter is the first education agent mobile end-to- end solution providing global student recruitment from one source using a human-machine approach to automate and personalize the application journey at the same time, while reducing workload and cutting costs for both students and universities. Unispotter transforms higher education admission and disrupts the education agent marketplace by delivering all of its services via an app and automated processes: university program scouting, application document preparation & delivery, and enrolling. There are over 4 million globally mobile tertiary education students, with 1.7 million students seeking placement support services worldwide and this number is set to increase. By 2024, Unispotter’s total available market is predicted to reach 3.4M students seeking guidance ( meaning a ~ €6.8b in revenue potential considering an average commission of €2000/student placed), of which Unispotter will lock 2% of the market (~€136M). Initially Unispotter plans to target prospect partner universities in Germany and Austria (home markets), and the UK, Australia, Canada & US (the world’s largest markets for international students), and then set on further EU markets. Bringing the Unispotter platform to TRL9 from TRL 6 today, and approaching commercialization by 2020, Unispotter will require funding in the range of €2.4 million which it plans to lock from private investors and validating support from SME Instrument Phase I and II. Unispotter already has the human resources to complete the commercialization plan. Christoph Trost (co-founder) and his team of 5 already grew Unispotter app downloads in Austria & Germany from 0 to 100K. Unispotter anticipates rapid employment growth and reaching 21 full time employees at launch in 2020, including 2 more in the next 6 months.

Fields of science (EuroSciVoc)

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Programme(s)

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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.

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.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

UNISPOTTER GMBH
Net EU contribution

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.

€ 50 000,00
Address
PRATERSTRASSE 1/OG 1 SPACE 16
1020 WIEN
Austria

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Ostösterreich Wien Wien
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 71 429,00
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