Blue-collar task matching platform

Blue-collar task matching platform

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Blue-collar task matching platform
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Infrastructure
Infrastructure
Business Model Description

Develop and operate task-matching platforms that create a marketplace for low skilled labour in a range of ‘blue collar’ activities, such as domestic services, gardening, painting, maintenance, and electrical and plumbing work.

Expected Impact

Create new income and work opportunities and scale up employment for temporary workers.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
South Africa ranks 14th out of 16 G20 countries on Accenture’s Platform Readiness Index.
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Industry, Innovation and Infrastructure (SDG 9)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1)
Sector Sources
  • 1) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. https://dashboards.sdgindex.org/#/ZAF 2) National Science and Technology Forum (2019). The National Development Plan. http://www.nstf.org.za/wp-content/uploads/2019/04/All-The-NDP-1.pdf 3) Le Roux, A., Arnold, K., Makhanya, S. and Mans, G. (2019). South Africa’s urban future: Growth projections for 2050. Green Book. https://pta-gis-2-web1.csir.co.za/portal2/apps/GBCascade/index.html?appid=3c4901e8681244d1a7989e8ed2ace1f9 4) Industrial Development Corporation (2019). The Case For Investing in South Africa. https://sainvestmentconference.co.za/wp-content/uploads/2019/11/The-case-for-investing-in-South-Africa-2019-Executive-summary-31-October-2019.pdf 5) Sustainable Infrastructure Development Symposium (2020). Sustainable Infrastructure Development Symposium South Africa. https://sidssa.org.za/
  • 6) Deloitte (2020). The Impact of COVID-19 on infrastructure projects and assets. https://www2.deloitte.com/content/dam/Deloitte/ng/Documents/finance/ng-the-Impact-of-COVID-19-on-Infrastructure-project-and-assets_27052020.pdf 7) Arndt, C., Davies, R., Gabriel, S., Harris, L., Makrelov, K., Modise, B., Robinson, S., Simbanegavi, W., van Seventer, D. and Anderson, L. (2020). Impact of Covid-19 on the South African economy. https://sa-tied.wider.unu.edu/sites/default/files/pdf/SA-TIED-WP-111.pdf
IOA Sources
  • 8) South Africa in the Digital Age (2020). Pathways to Digital Work. https://www.genesis-analytics.com/sada 9) BizCommunity (2020). South Africa in the Digital Age reveals key findings. https://www.bizcommunity.com/Article/196/852/199813.html 10) Business Day (2020). Initiative for digital economy strategy plots way for job creation. https://www.businesslive.co.za/bd/opinion/2020-01-19-initiative-for-digital-economy-strategy-plots-way-for-job-creation/ 11) Interview with S'onqoba Vuba from Perpetu8 on 30/06/2020. 12) Lourie, G. (2017). 'Behind the Spick & Span in South Africa there are 3 On-Demand Cleaning Startups', Tech Financial.
  • 13) South Africa Investment Conference (2019). The Case for Investing in South Africa. https://www.idc.co.za/wp-content/uploads/2019/11/The-case-for-investing-in-South-Africa-2019-Full-publication-31-October-2019.pdf 14) Wesgro (2017). Shared economy in Africa. https://www.wesgro.co.za/uploads/files/47.-shared-economy.pdf 15) Youth Bridge Trust (2020). Building Africa's future. https://www.youthbridgetrust.org/?gclid=CjwKCAjwr7X4BRA4EiwAUXjbt1mmDPpzwQ8T0HOPMdauCYRQyCmXhFDbez-LeLRK3sj6XUukeFv3OxoCS24QAvD_BwE 16) Ventureburn (2018). Startups need at least 10x in 5 years to be good investment – VC, angel investors. https://ventureburn.com/2018/05/vc-angel-investments/ 17) Fairwork South Africa (2020). Fairwork South Africa Ratings 2020: Labour Standards in the Gig Economy. https://fair.work/wp-content/uploads/sites/97/2020/04/Fairwork-South-Africa-2020-report.pdf
  • 18) Cogburn, D.L. and Nyaki Adeya, C. (2001). Prospects for the Digital Economy in South Africa Technology, Policy, People, and Strategies. http://www.rrojasdatabank.info/unudp01/dp2001-77_1.pdf 19) Organization for Economic Cooperation and Development (2019). Gender Equality and Sustainable Infrastructure. http://www.oecd.org/governance/gender-equality-and-sustainable-infrastructure-paris-march-2019.htm 20) United Nations Development Programme (2020). Human Development Report. https://www.ng.undp.org/content/nigeria/en/home/library/human_development/the-2020-human-development-report.html 21) Accenture. South Africa: Winning with Digital Platforms. https://www.accenture.com/_acnmedia/PDF-80/Accenture-Winning-Digital-Platforms.pdf 22) Statistics South Africa (2019). Sustainable Development Goals: Country Report 2019 - South Africa. http://www.statssa.gov.za/MDG/SDGs_Country_Report_2019_South_Africa.pdf