Social enterprise for Asylum Seekers with hidden talent

2 december 2020

Company description:

The company is a social enterprise established to meet the growing demand in trained talent, digital transformation, and consulting services in Europe and The Middle East.

They invest in the skilled, motivated, and diverse asylum seeker and status holder population who struggle to find employment matching their interests, experience, and ambitions. 

As part of a social enterprise, approximately 20% of the company’s revenue will be directed towards the aligned ANBI foundation to fund the training academy, which will, in turn, provide more trained and skilled alumni for the company. 

So far the company has generated 45.000 EUR in total turnover.

In the pilot phase 63 alumni’s have already completed the program and there where already 16 roles created.

5 corporate partnerships have been closed.

In 2021 the Go-to-market-revenue stream will be rolled out, for this process the company is looking for 300K in funding.

 

Businessmodel:

The three B2B revenue streams are

1) Admin-as-a-service,

2) Corporate partnerships for direct hires, and

3) Consulting services/digital transformation and implementation services.

 

Type of customers:

B2B: Large corporates & SMEs, Nonprofits & NGOs

 

USP:

The combination of the ANBI foundation and the social enterprise (BV) schooling asylum seekers, with hidden talents into highly skilled ICT employees. Those employees would otherwise be unemployed or underemployed.

 

Required investment:

Total investment needed: €300.000

Ideal investor specs:

Angel investor; Incubator

Investment breakdown:

– Working capital 280.000,

– Capital investments: 20.000

Company phase:

Seed

Sector: 

Zakelijke dienstverlening; Impact

No. of founders: 

3

No. of current employees:

0

Turnover (current):

0

 

Turnover (forecast):

Year 1: €795.000

Year 2: €1.560.000

 

Monthly costs:

€2.000

 

Has the entrepreneurs already collected an investment from third parties for the company in question?:

No

 

Is a follow-up investment expected within 24 months?

Yes

 

 

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