Youth Unemployment: Back to Basics Team Name: CANIO Country: Romania School Name: Louvain School Of Management- Belgium Solvay Brussels School- Belgium Hasselt University- Belgium

Experience & Discover

Experience & Discover Romania Causes of youth unemployment: Increased requirement of working experience even for entry-level jobs; Increasing requirements (foreign language skills, communication skills, IT skills, foreign experience) Lack of employment dynamics (seniority beats skills) Lower attractiveness/interest of/in unqualified jobs (degree not required) Under-developed educational programs for arts & crafts Job offer-related corruption and nepotism Job offer discrepancies between regions and rural and urban areas (chance inequality) Brain-drain phenomenon (eg. Romanian as the second language spoken at Microsoft, Google, NASA) Low long-term public investment in education & inadequate educational programs

Experience & Discover Romania (cont’d) o Offer of qualified jobs> demand of qualified jobs Look for profit opposed to re- investment in education

A. Increase awareness of arts & crafts 1. Governmental Educational Program for primary school consisting in the introduction of arts & crafts related subjects and a mentoring program for pupils in last year of study before high school Mentoring program: compulsory class consisting in career advising by professionals from a wide area of industries & services 2. Increase the demand for arts & crafts high schools by investing in the level of human and physical capital of those schools, complemented by national level awareness programs.

A. Increase of awareness of arts & crafts (cont’d) Target group: primary school youngsters (11-15 years old) Life span: each academic year (Sept-June); program will exist until reaching a balance between graduates of theoretical and arts & crafts high- schools Outcome: increase of awareness and interest of youngsters in arts & crafts

B. Youth Start-Ups A national level program initiated by the government with the use of EU funds concerning start-ups for university and arts & crafts graduates acting in different industries. Each start-up will be initiated by university top graduates (medium and high level management of the start-up) mentored by university professors and professionals. The vast majority of the start-ups employees will be selected from arts & crafts schools.

Idea Business Plan Entering the program Funding Start Reaching maturity B. Youth Start-Ups (cont’d) Target group: graduates (young unemployed) Life span: the program will exist until the maturity of the markets or/and reaching a desired level of youth employment rate. Timeline: 0-3 years/ project Outcome: decrease of youth unemployment rate over majority of industries

Interconnectivity of the programs Youth unemployment Focus on arts & crafts schools Balance work offers Start-ups Filling the gap Increase awareness & interest+ Gov. investments Increase arts & crafts work offers (balancing with huge offer of high level education graduates) Better response of the job offer to the job demand => work market stability Creating jobs in all industries

Planned Results And Outcome Our project proposes a big plan split in 2 parts which can take place at the same time First part: A. Increase awareness of arts and crafts Continuous project; increase the demand for arts & crafts schools KPIs: - increase the number of scholars that follow arts & crafts schools by 25% in the next 2 years - reach 40% graduates from arts & crafts schools out of overall graduates number - media campaign through all channels in order to increase arts & crafts schools visibility First part: A. Increase awareness of arts and crafts Continuous project; increase the demand for arts & crafts schools KPIs: - increase the number of scholars that follow arts & crafts schools by 25% in the next 2 years - reach 40% graduates from arts & crafts schools out of overall graduates number - media campaign through all channels in order to increase arts & crafts schools visibility Second part: B. Youth start-up Continuous project; create partnerships for developing start-ups KPIs: - reach a no. of 50 start-ups/year at national level - impose a no. of at least 5 full-time employees per start-up under 25 years old at the start moment - 60% of the employees (management excluded) must be arts & crafts graduates - reach a no. of 60% of survival start-ups after 3 years Second part: B. Youth start-up Continuous project; create partnerships for developing start-ups KPIs: - reach a no. of 50 start-ups/year at national level - impose a no. of at least 5 full-time employees per start-up under 25 years old at the start moment - 60% of the employees (management excluded) must be arts & crafts graduates - reach a no. of 60% of survival start-ups after 3 years Global KPI: - number of employed arts & crafts graduates divided by total number of arts & crafts graduates more than 65% A B BB B AB