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10 Economic Benefits from Work-based Learning & Apprenticeships for SMEs

27/3/2019

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10 Economic Benefits of Work-based Learning & Apprenticeships for SMEs
Did you know that SMEs represent 99% of all businesses in the EU? Or that statistics from the European Commission (EC) outline that in the past five years SMEs have created around 85% of new jobs and have provided two-thirds of the total private sector employment in the EU?
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The availability of skilled labour is an important prerequisite to the SMEs’ prosperity, however, there is a mismatch between the skills the labour market demands and those that the education and training system provides. In order to tackle this mismatch, the EC has identified that quality work-based learning (WBL) and apprenticeships can be an efficient way of addressing labour market imbalances.
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What is work-based learning?

​“Acquisition of knowledge and skills through ‘carrying out – and reflecting on – tasks in a vocational context, either at the workplace (such as alternance training) or in a VET (vocational education and training) institution”. 
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What is apprenticeship?

 “Systematic, long-term training alternating periods at the workplace and in an educational institution or training center. The apprentice is contractually linked to the employer and receives remuneration (wage or allowance). The employer assumes responsibility”.
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In countries, where there is a well-established apprenticeship system, such as UK, Austria and Germany, SMEs contribute strongly to the training of the future workforce through their involvement in work-based learning and apprenticeship schemes. On the contrary, in countries with more school-based systems such as Slovakia, Spain, Portugal, Greece and Bulgaria, the engagement of SMEs in the supply of placements is more challenging as they lack the support systems and fail to realize both the financial and social benefits.
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Based on this need, the project - “Return on Investment of Work Based learning and apprenticeships” (project N°: 2017-1-SK01-KA202-035375) suggests the development of a return on investment (RoI) model and digital tool that will allow European SMEs to calculate and visualize how investment on WBL and apprenticeships can manifest to multiple benefits, especially economic benefits, which you can have a glimpse on below. 
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 10 Economic benefits for SMEs

  1. Positive impact on the organisation’s performance
  2. Reducing the cost of external recruitment and internal induction of staff into a new job/ organisation
  3. Enhancing the company’s image and reputation
  4. Increasing staff retention and work satisfaction
  5. Providing an effective way for adequate supply of skills
  6. Better employee candidate pool, leading to lower future training costs
  7. Availability of skilled workers by investing in the future workforce
  8. Enhancing the organisation’s profitability
  9. Increasing the levels of innovation – trainees bring innovation into the experience (digital skills and open innovation)
  10. Knowledge of the latest trends, i.e. young people bring fresh ideas and challenge old habits
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Conclusion

In conclusion, there are a number of key benefits of work-based learning and apprenticeships for SMEs, which are not always considered by the companies. If you are leading one of the 99% of SMEs in the EU, wouldn't you want to increase your productivity and innovation capacity? Or strengthen your brand as an employer, develop your talent in-hose and increase your retention rate? Overall, wouldn't you want to decrease your talent acquisition costs?

If every employer asks themselves these questions, it appears significantly evident how important it is to review their practices regarding work-based learning and apprenticeships and to better evaluate their future investment. However, more awareness needs to be raised about the benefits of WBL and apprenticeship among SMEs as well as support.
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“Return on Investment of Work Based learning and apprenticeships”, co-funded by the Erasmus+ programme of the European Union has developed a return on investment (RoI) model and digital tool that allows European SMEs to calculate and visualize how investment on WBL and apprenticeships can manifest to multiple benefits. 
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ROI Calculator on Apprenticeships & WBL for SMEs

27/2/2019

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ROI Calculator on Apprenticeships & WBL for SMEs
​The Model for calculating the return on investment (ROI) of worked-based learning and apprenticeship reflects the perspective of the consortium project - “Return on Investment of Work Based Learning and Apprenticeships”, coordinated by Slovakia, with partners from Portugal, Greece, Bulgaria, Cyprus, Italy, United Kingdom and Spain. For more information about the partners in the project, read here.
 
The “RoI of WBL and apprenticeships” is based on the traditional model of calculating ROI, taking into consideration the costs and benefits of the SMEs regarding their investments in WBL and the apprenticeship courses.  
 
The list/menu of key “costs” and “benefits” proposed by the model are based on national research reports, developed for partners' countries (such as Slovakia, Portugal, Greece, Bulgaria, Italy and Spain), highlighted the SMEs' needs and their national apprenticeship system. 
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What is ROI?

ROI is the calculation that compares the value of outcomes (changes as a result of an activity) to the value of the resources needed to create them.
 
Presented as a ratio, the value of outcomes is divided by the value of resources required to create them. The results of the calculation demonstrate the efficiency of an investment or activity. This can support the decision-making process by highlighting if an investment provides a positive return, and if there is more than one option, it can help decide which option provides the greatest return. 
​
The return on investment formula is:
ROI = Value of outcomes / Value of investment

​In the above formula, "Value of outcomes” refers to the aggregated value of all of the included outcomes of investing in WBL.
 
As well as presenting results as ROI, the net present value of money can also be used to support the decision-making process. This is calculated by subtracting the value of the investment from the value of the outcomes.
The net present value formula is:
Net present value = Value of outcomes – Value of investment


​Why is ROI important to SMEs?

ROI is an important determining factor as to whether or not an SME or any business is successful. It is essential for any business to understand the costs and benefits of any investment. Having a positive return on investment means that the business is making money; a negative return on investment means that SMEs are losing money. Ensuring profitability is obviously a relevant factor to maintain a sustainable business.
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Based on this need, the “ROI of WBL and apprenticeships” project developed a model that underpins the ROI calculation. This has been designed to allow European SMEs to better appreciate the value of an investment in WBL and apprenticeships. 
The digital tool (calculator) is a free-to-access online facility that can help SMEs to calculate the ROI of engaging with apprenticeships/WBL. 
​
Go to calculator

For additional information on ROI and the Calculator, please review the project's resources here.
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KISMC participates in the Internet of Things Security Nuggets project

11/2/2019

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IoT nuggets stand for “Internet of Things security nuggets” and it is a strategic partnership co-funded by the Erasmus plus programme of the European Commission (Bulgarian National Agency).
The project aims at developing a new methodology and framework with a model of digital competence for the Security of the Internet of Things (IoT) ecosystem including security and privacy to face the challenges that cybersecurity put in place.

No one doubts that the Internet of Things (IoT) represents a massive opportunity for businesses and consumers. Most organizations are only just starting to scratch the surface of what they can achieve with IoT solutions. On the other hand, security is what really needs to be designed from the very beginning of developing IoT services and products.

The growing threat of cyberattacks has made governments and companies more aware of the need to defend the computerized control systems of utilities and other critical infrastructure.
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The project is targeting VET providers and trainers in the ICT field, software engineers and programmers who want and need to update their competences, skills, and knowledge in cyber security of the ecosystem of IoT. And, ICT entrepreneurs who have, want, and/or would like to start a business in the IoT field.

Partners in the project are: 
  • University of Library Studies and Information Technologies (ULSIT), Bulgaria
  • Knowledge, Innovation and Strategies Management Club, Bulgaria
  • IDEC: Aintek symvouloi epicheiriseon ypsilis technologias ekpaidefsi anonymi etaireia, Greece
  • The University of Deusto, Spain
  • Dlearn: European Digital Learning Network, Italy
  • GAIA: Asociacion de industrias de conocimiento y technologia, Spain


IoT security nuggets: 2018-1-BG01-KA202-047919 is an Erasmus + project.

For more information about the project, read here.
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13 Interesting Insights to Review from the International Conference 'Digital Skills & Innovation @2030'

23/7/2018

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Digital Skills & Innovation @2030
The international conference "Digital Skills & Innovation @2030" that took place on 11 July 2018 in Sofia, Bulgaria was attended by more than 150 delegates from various countries. The event was organised by the two partners of the "Design Thinking for Digital Innovation' Project - DigiThink No. 2016-1-BG01-KA203-023719 - KISMC and ULSIT, co-funded by the Erasmus+ programme of the European Union.

The conference was organised to reveal the results of the 2-years DigiThink project, where 6 organisations were working together: KISMC - Bulgaria, State University of Library Studies and IT - Bulgaria, University of Deusto - Spain, Tecnalia - Spain, Constantine the Philosopher University in Nitra - Slovakia, Training 2000 - Italy. In addition to that, the international conference "Digital Skills & Innovation @2030" brought together innovation and digital experts, entrepreneurs, investors, academicians, professionals and stakeholders in the innovation and entrepreneurship ecosystem. During the event like-minded people  had the opportunity to exchange views on various topics in the digital, innovation and entrepreneurship space and discuss potential collaboration.
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After months of preparation and hard work during the conference all DigiThink project partners shared the results of the project, whereas the conference had amazing speakers from the UK, Spain, Italy, Romania, the Netherlands, Macedonia and Bulgaria. Moreover, the conference had a workshop panel during which all delegates had a chance to participate in a competition game for design thinking, focused on the digitization and transformation of Sofia into a smart city and during the process they had to generate and share ideas and solutions in this direction.

The event was full of excitement, great networking over glasses of wine and plenty of follow ups bringing potential opportunities for everyone.

​If you didn't have a chance to join us at this illuminating event, we have recapped it in 13 interesting insights from the speakers, therefore please check them out below:
​

1. Design Thinking for DigiThink

An approach based on Design Thinking was followed in the “Digithink” Project.
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  • Human Oriented approach: “Empathising”
  • We focus on the “creators” of new digital products and services, their needs and the environment for their activity.
  • In today’s fast developing and increasingly digital world, organizations face many challenges: disruptive technologies, economic pressures, globalization and, mainly, keeping up with changes in customer behaviour.
design thinking university of deusto
Source: University of Deusto


​2. Objectives for "Design Thinking for Digital Innovation"

  • to take students out of their comfort zone of learning to create innovative products and services
  • to encourage students to start their social businesses
  • to develop necessary digital skills for both target groups: student teams - digital business creation and lecturers – open educational resources in courses
  • to develop empathy, ethics, values, and sense of social responsibility.
design thinking for digital innovation unibit
Source: University of Library Studies and IT


​3. Responsible Research & Innovation (RRI)

  • A major part of the current EU Research Framework Programme “Horizon 2020” is dedicated to societal challenges.
  • Challenge-driven programmes are usually interdisciplinary and often cover the entire innovation chain from fundamental research to demonstration.
  • Within the R&I system there have been examples of controversies and failures in fulfilling societal expectations in part because not all key actors were engaged
  • Certain key issues (or policy agendas) need to be taken into account:
    - ethics
    - gender equality
    - governance
    - open access
    - public engagement
    ​- science education
responsible research innovation tecnalia
Source: Tecnalia


​4. Experience Logic Marketing & Design Thinking

Design thinking can help management to build the experience platforms of the organizations, suggesting the best way for the experiences providers.
experience logic marketing design thinking university of urbino
Source: University of Urbino


​5. The Agile School & Scrum Ban Lab for Business

The Scrum Ban Lab for Business with the main experiment of Agile School
  • A lab for experiments for creating didactic instruments based on the toolbox applied in real practice
  • Parents are the stakeholders in the education process and are kind of Product Owners, along with teachers
  • Teachers are moderators, mentors and observe the processes of building the "overall picture" as they are the Product Owners together with the representatives of the companies, organizations and institutions
  • Students self-organize, self-assess (somewhat) and work in teams / clusters
agile school ivan apostolov english school
Source: Ivan Apostolov English School


​6. Gameplay for Inspiring Digital Adoption (GIRDA)

  • GIRDA is using multiplayer touchscreen games to introduce older people to digital technology. The aim is to help them build confidence, motivation and skills in an informal, social setting where there is no pressure to learn.
  • Research has shown how trust and confidence in using the internet grow quickly with first-hand experience - but many older people don’t take the first step.
girda trajkovski partners consulting
Source: Trajkovski & Partners Consulting


7. Design Principles in Higher Education

Ensure that:
  1. The dimensions of wickedness are prevalent in the problem; and
  2. Student tasks are challenging and require them to get involved in the problem. This leads to the (experienced) open-endedness of the problem solving process and the need to cross boundaries.
  3. Ensure alignment between learning goals, coaching, assessment with regard to boundary crossing
  4. Organize milestones.
design principles windesheim
Source: Windesheim University of Applied Sciences


​8. Is Design Thinking the Right Tool?

Is design thinking the right tool for:
  • developing technology enablers?
  • creating startups?
  • easily design products?
design thinking tool university of deusto
Source: Business School, University of Deusto


​9. Cluster & Digital Innovation Hub

The ARIES IT cluster in Cluj-Napoca - a great example for an active cluster that initiated a Digital Innovation Hub in Transilvania - a bottom up approach of the regional stakeholders, aiming to position Cluj and Transilvania on the map of EU network and DIH.

​An important component within the cluster is the development of working groups such as:
digital innovation hub ARIES T
Source: iTech Transilvania Cluster by ARIES T


​10. Design Thinking & Intrapreneurship

How to innovate?
Where to start from?

No, it's not creating ideas...
It is FINDING PROBLEMS.

​Combining empathy, creativity, collaboration and prototyping.
intrapreneurship design thinking mjv technology innovation
Source: MJV Technology & Innovation


​11. Entrepreneurship & Innovation

The relationship between entrepreneurship and innovation:
  1. Entrepreneurs use innovation to drive and achieve change for commercial or socio-economic results
  2. Innovation underpins the differentiator that allows the entrepreneurs to succeed by utilising their unique skills-set and personality
Ewa Galeziowska Entrepreneurship innovation
Source: Ewa Galeziowska


​12. SMEs Innovation & Growth Acceleration

  • SMEs represent 99% of all business in the EU
  • SMEs are the backbone of the economy and have skills they can leverage
  • Start-ups are interesting but risky (96% die before they turn 5 years)
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That is why ​the IXLerator has been designed to take multiple teams in the creation of the
innovation process system and obtaining results in SMEs.
smes innovation growth acceleration ixl center
Source: IXL Center

13. Smart Cities & Accelerating Innovation

​The participants got involved in a competition game based on design thinking and focused on the digitization and transformation of Sofia into a smart city. During the process all attendees were separated into teams and generated and shared ideas and solutions on how to better integrate technology into the capital of Bulgaria for the better lifestyles of citizens. This part of the conference was assisted by Cluster Sofia Knowledge City, which aims at transforming Sofia from a traditional capital to a knowledge and smart city.
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​Conclusion

The keynote speakers and the conference participants did engage in insightful discussion on the 13 topics above and we believe that everyone had a chance to learn something new and interesting that would benefit them.

If you didn't have a chance to attend, don't forget to follow our social media as well as sign up for our Newsletter.
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6 Reasons to Attend the International Conference 'Digital Skills & Innovation @2030' [Sofia, 11 July 2018]

30/6/2018

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6 reasons to attend the international conference 'Digital Skills & Innovation @2030'
get your free ticket for 'Digital Skills & Innovation @2030'
If the news hasn't reached you online or through invitations yet, there's an event not to be missed - the international conference 'Digital Skills & Innovation @2030', which is taking place at Inter Expo Center, Sofia on 11 July, 2018. It will bring together innovation and digital experts, entrepreneurs, investors, academicians, professionals and stakeholders in the innovation and entrepreneurship ecosystem. The perfect place to meet like-minded people and exchange views on various topics in the digital, innovation and entrepreneurship space.

However, most of us know, have seen or/and have attended the large number of events that have been taking place in Sofia and Bulgaria in the last 6 months because of Bulgaria holding the Presidency of the Council of the European Union. Despite that, we believe that 'Digital Skills & Innovation @2030' will bring value to you and below you can find 6 reasons why you should attend it.
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Learn more about the conference


​1. Conference programme featuring international panellists

The event will feature panellists from the UK, Spain, Italy, Netherlands, Romania, Macedonia and Bulgaria who have international experience in various industries in the area of digitization, innovation, entrepreneurship and education.
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2. Panels with exciting topics to inspire hot discussions

Our panellists will have the opportunity to present their international experience and get into discussions to encourage everyone to look through different perspectives, exchange ideas and points of view on how entrepreneurship and innovation are changing the world, the importance of digital skills nowadays, managing innovations, design thinking for the software industry, problem solving in higher education, accelerators, agile schools, etc.
Review Conference Programme
Learn more about the panellists


​3. Deeper understanding of Design Thinking for Digital Innovation

Get your hands on the guide for implementation of design thinking for digital innovation and learn more about this exciting project - DigiThink, co-funded by the Erasmus+ programme of the European Union. You would also discover and grasp deeper understanding of the results from the pilot testing done during the project duration.
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4. Practical workshop / Competition game on Design Thinking

Facilitated by Milena Koleva (IMA), Massimo Andriolo (IXL), Ruslan Papazyan (Trelleborg) and other mentors from the Innovation Management Academy, you will have the chance to go through the design thinking process. You will get involved in a competition game for design thinking, focused on the digitization and transformation of Sofia into a smart city and during the process you & your team will generate and share ideas and solutions, based on the model of the Global Innovation Managament Institute and IXL Center.
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​5. Wine Networking

There's no need to mention the importance of networking and meeting like-minded people, especially when you have a glass of wine in hand after a day full of insights on topics such as digital skills, innovation, education, entrepreneurship, etc as well as experiencing games on design thinking for digitizing and transforming the capital of Sofia.
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6. Meet all the project partners/conference organizers for potential future collaboration

And last but not least, SULSIT and KISMC, together with all the DigiThink partners: SULSIT, University of Deusto, Technalia Research & Innovation, Constantine the Philosopher University in Nitra and Training 2000, welcome everyone to join and have a chat about potential projects and partnerships.
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KISMC at the Focus Group on the Social Entrepreneurship Development Model [Bulgaria]

28/2/2018

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sedm kismc baset focus group
On 31 January a group of stakeholders in social entrepreneurship gathered together with the teams of the project coordinator KISMC and the project partner CEED Bulgaria in Sofia, Bulgaria.

The group gathering took place as part of the main project objective of 
BASET: Boost Aid for Social Entrepreneurship through Training which is to establish and maintain a well-developed and a more effective the process of training the trainers of social entrepreneurs (SE).


For more information on the focus group, please read here


The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
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Return on Investment of WBL and Apprenticeships [Questionnaire for SMEs]

7/2/2018

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This questionnaire aims at identifying the main success factors, obstacles, successful strategies and approaches to effective work-based learning (WBL) in SMEs in order to motivate and engage them in the higher provision of WBL and apprenticeships.

​The results will provide the base for the elaboration of the digital tool for the calculation of the return on investments (ROI) of WBL and apprenticeships made by SMEs. The research is part of the project “Return on Investment of Work Based learning and Apprenticeships” project N°: 2017-1-SK01-KA202-035375. 
Fill in the questionnaire now


​We would highly appreciate your participation in this study. The research is taking place in all the countries of the project's partnership: Bulgaria, Greece, Italy, Portugal, Slovakia, Spian and the UK. However, with this post we are focussed on Bulgarian SMEs and will take you a few minutes to enourmously help the study.

* In the processing of analysis data, partners will maintain the confidentiality of your response. 
​

Why the ROI Project?

The ROI project promotes open and innovative practices in a digital era. It delivers a web based digital tool accessible also by mobile devices in the form of a Dynamic Demonstrator capable of depicting in a purely visual way how investment in WBL and apprenticeships can manifest to multiple benefits for the company and the local society.

The innovative force of the project is the development of a model of costs and benefits calibrated on the specific needs of small and medium enterprises (SMEs) in order to calculate in advance the return of investments. Differently from traditional ROI analysis, the model presented by the project focuses on both SMEs-related benefits as well as on society-related ones in order to clearly demonstrate the multilevel outcomes derived from work-based learning practices.
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Your Contribution to the Research Matters

The project will deliver useful tools and your assistance in the research would be much appreciated:

1. Model for Return on Investment of WBL and apprenticeships
2. Digital tool
3. Good practice guide


For more information on the tools, please read here and below you will find useful information from the resources you will have access to when they become available:
  • If you are an SME already involved in apprenticeships, you will gain a model and a practical digital tool to calculate the return on investment from your engagement in the provision of WBL and apprenticeships. You will also benefit from the opportunity to promote your related activities through the Good Practices Guide and the participation in the apprenticeships-friendly enterprises badge. This will allow you to gain visibility on your local and national markets, as a company that cares for their apprenticeships. This visibility will support your company’s’ image and social responsibility.

  • If you are an SME with no previous experience in apprenticeships, you will get familiar and discuss the benefits of apprenticeships for the local development and the progress of your own company. By visualising the benefits for your company, through the provision of WBL and Apprenticeships, you are expected to engage in the provision of such positions thus enhancing the overall VET provision at local level and enhancing access to training and qualifications for all.

  • If you are a VET provider, you will have at your disposal a model and a digital tool to promote to SMEs in order to engage them in the provision of apprenticeships. This way you will be able to find more easily apprenticeship positions for your learners.
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  • If you are a policy maker, you will be able to use the model and the digital tool results in your decision making processes in order to discuss the funding mechanisms for apprenticeships and engage in a dialogue with SMEs, VET providers and social partners for the identification of a sustainable funding formula.
​
Fill in the questionnaire now

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The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
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ROI of Work Based Learning and Apprenticeships

15/1/2018

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ROI of Work Based Learning and Apprenticeships
"Return on Investment of Work Based Learning and apprenticeships" (N°: 2017-1-SK01-KA202-035375) is a project co-funded by the Erasmus+ Programme of the European Union*.

* 
Erasmus+ is the European Union’s (EU) programme for education, training, youth and sport, with the EU committing £12 billion to the programme between 2014 and 2020. By 2020 it is expected that over 800,000 education and training staff and youth workers will teach or train abroad across Europe with Erasmus+. Projects provide opportunities for learners and staff to improve their skills, enhance their employability and gain cultural awareness.

Knowledge, Innovation and Strategies Management Club (KISMC) is a partner along with a diverse and complementary mix of organisations - from Slovakia the Technical University of Kosice (TUKE), 3 training organisations active in VET: IDEC - Greece, CECOA - Portugal, PIT - Spain and also from the UK - Social Value UK - a network focusing on social value and social impact, from Italy a network focusing on the promotion of digital learning and use of ICT - DLEARN and an ICT company focusing in ICT-enabled E&T - Cosmic Innovations - Cyprus.
​

Calculate the ROI for Apprenticeships & WBL

The ROI project promotes open and innovative practices in a digital era. It delivers a web based digital tool accessible also by mobile devices in the form of a Dynamic Demonstrator capable of depicting in a purely visual way how investment in WBL and apprenticeships can manifest to multiple benefits for the company and the local society. The digital tools developed in the framework of the project will remain available as open educational resources under Creative Common License.
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For SMEs with limited financial resources, work based learning (WBL) represents an important tool. The RoI online tool offers:
  • a cost and social benefits model calibrated on specific needs of SME managers and entrepreneurs to calculate the RoI for apprenticeships and WBL supply.
​

ROI Project Objectives

  1. Contribute to the sustainable investment of WBL and apprenticeships by making apparent their benefits for both individual SMEs and the society as a whole
  2. Develop a model for the calculation of RoI of WBL and apprenticeships by SMEs
  3. Design a digital tool that will demonstrate the RoI model in a visual way
  4. Develop a Good Practice Guide addressed to SMEs, giving guidance on how to design, implement and monitor profitable apprenticeship practices which can benefit the enterprise, the apprentice and the entire society
  5. Create and promote an apprenticeship-friendly SMEs badge to increase the engagement of companies in the provision of WBL
  6. Promote a VET – SMEs cooperation, through experimentation and validation of the RoI model
​

A Project Designed to Engage

ROI of WBL and apprenticeships has been designed to engage:
​
  1. Managers, staff and trainers from SMEs that already host or are interested in providing WBL and apprenticeship;
  2. Staff from VET providers, i.e. VET teachers and trainers, administrative staff dealing with apprenticeships, etc;
  3. Policy makers, representative of stakeholders, VET expert and practitioners, social partners.

In addition to that, long-term beneficiaries such as VET learners who will benefit from the increased provision of WBL opportunities in their local, regional and national area.
​
Read more about ROI

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The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
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KISMC at the BASET Project Kick Off in Sofia, Bulgaria [Social Entrepreneurship]

13/12/2017

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kism baset sofia meeting
​On 26 October 2017 the BASET project kicked off with a meeting in Sofia, Bulgaria where all partners – the project coordinator Knowledge, Innovation and Strategies Management Club (KISMC) and the project partners CEED Bulgaria, IDEC, Caban Capital and Creative District – launched BASET: Boost Aid for Social Entrepreneurship through Training [Project No. 2017-1-BG01-KA204-036360].

The project has been successful in the Erasmus+ call in 2017 and consequently co-funded by the Erasmus+ Programme of the European Union for its 2-years' implementation. Erasmus+ is the European Union’s (EU) programme for education, training, youth and sport, with the EU committing £12 billion to the programme between 2014 and 2020. By 2020 it is expected that over 800,000 education and training staff and youth workers will teach or train abroad across Europe with Erasmus+. Projects provide opportunities for learners and staff to improve their skills, enhance their employability and gain cultural awareness.

During the kick off meeting in Sofia all partners discussed their previous experience in social entrepreneurship and agreed on an agenda that would focus on producing quality intellectual outputs that would assist all stakeholders in the social entrepreneurship ecosystem.
For more information on the blog publication, where you can also review more details about the BASET project, please read here

​

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KISMC at the 2nd BASET Project Meeting held in Greece

27/4/2017

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KISMC BASET Greece

​

​On 2 April 2018 all partners in the BASET project gathered for the 2nd project meeting in Piraeus, Greece. The project coordinator Knowledge, Innovation and Strategies Management Club (KISMC) and the project partners CEED Bulgaria, IDEC, Caban Capital and Creative District presented social entrepreneurship case studies from each country with regard to the Social Entrepreneurship Development Model (SEDM) for BASET: Boost Aid for Social Entrepreneurship through Training.

​
For more information on the Project Meeting in Greece, please read here

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The Knowledge, Innovation and Strategies Management Club is a non-profit organisation set up in Sofia, Bulgaria in 2012 to foster knowledge and innovation management across South East Europe. KISMC is supporting the development of the innovation ecosystem in the region by bridging the gap between education, research and business.

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