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Vocational online learning platforms
On-demand digital corporate micro-learnings platforms delivering employability, technical and/or vocational skills.
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.
Business Model Description
Train professionals and employees on-demand digital corporate micro-learning platforms by offering courses that range multiple topics enabling professionals to gain relevant skills to apply in their daily activities and job-related problems.
This initiative intends to keep workers updated so that there is a workforce of the best quality and so that workers can exploit and update their skills.
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.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
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- 16) EADBOX (2019) - E-learning en Latinoamérica, mercado en crecimiento. Accessed June 15th 2020 17) Nicolau (2014) - E-Learning Platforms for Professional Training Providers. Accessed June 5h 2020 18) DNP (2017) – Plan Nacional de Desarrollo 2018-2022. Acceso Mayo 2, 2020 19) MinEducación (2006) Ley 1064 Julio 26 del 2006. Acceso Mayo 2, 2020 20) BID (2016) - Avances y retos en la formación para el trabajo en Colombia. Accessed May 18, 2020 21) Forbes (2020) - La plataforma de capacitaciones que triplicó sus usuarios por la cuarentena. Acceso June 1, 2020 22) National Planning Department (2019) - 2030 Agenda in Colombia 23) National Quality of Life Survey - Amazon (2019) DANE 24) National Quality of Life Survey - Caribbean (2019) DANE 24) National Quality of Life Survey - Pacific (2019) DANE 26) Administrative Department of the Public Function (2019) Decree 2226 of 2019 27) DNP, MinEducacion and MinTIC (2020) Technologies to Learn: National Policy to promote innovation in educational practices through digital technologies 28)MinEducacion (2016) Ten-Year National Education Plan 2016-2026 29) Colombian Congress (1994) Law 115 of 1994, article 189 30) Computers to Educate Offical Web Page. What is Computers to Educate Program? Accesed February 8th. 31) DNP (n.d) Quality education for a future with opportunities for all. National Development Plan 32) The Insight Partners (2019) South America EdTech and Smart Classroom Market