Photo - SkillsNavigate | Navigating Skills Towards A Secure Future!
51664

SkillsNavigate | Navigating Skills Towards A Secure Future!

World's First AI-powered tool built to bridge the Skills Gap

Switzerland
Market: Internet and IT, Education, training, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 04.04.2021
Rating
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

Idea

SkillsNavigate empowers you to tackle life's most pressing challenges — job security & career advancement, personal growth, and business sustainability.

Our mission is to minimize the time and effort needed to build core skills while maximizing the potential for finding the best personal, career, and business growth opportunity.

Current Status

We are finalizing MVP, the learning platform is 70% developed and we are in the process of validating the market by collecting written feedback from our targeted user groups. We are in process of preparing patent documentation for our AI-powered tool -skills identity data automatic real-time analytics.

Market

- 182 million jobs are disrupted (85 m jobs are fading away while there are 97 m emerging roles)
- 95 million companies will need to up-and reskill their teams in order to sustain their business.
- 1 Billion people will face unemployment and growing inequality

Problem or Opportunity

Industry 4.0 amplified with the effect of COVID-19 brought twice more job disruption than expected which lead to talent shortages, mass unemployment, growing inequality, and insecure employment future.

Solution (product or service)

The AI-powered tool which identifies the skills gap, measure the distance from the nearest skills-set while providing personalized learning programs including 1 on 1 session with experts to bridge a gap to employment, elevate teams and build core skills.

Competitors

Udemy, Coursera Linkedin Learning, MasterClass, and Skillshare together with other similar platforms are having less interaction and no skills taxonomy-anyone can participate in the course and that is why the overall completion rate is less than 7%.

Advantages or differentiators

Before the trainee or team enters the up-or re-skill program, the system checks the probability of completion according to the current skills record and skills needed next. This will lead to a permanent increase in the completion rate to 90%+. Learning programs are personalized and not general, as seen with competitors.

Finance

Before the trainee or team enters the up-or re-skill program, the system checks the probability of completion according to the current skills record and skills needed next. This will lead to a permanent increase in the completion rate to 90%+. Learning programs are personalized and not general, as seen with competitors.

Business model

Recurring monthly subscriptions will allow access to all core features on the platform while a one-time fee of 20% will be deducted from the total price of a personalized learning program.
From 10-30 USD for recurring monthly plans will be paid by trainees, experts, and teams while from 500-8500 USD will be charged for personalized learning programs with experts and up to 17K USD for teams programs.

Money will be spent on

25% Product Development
35% Marketing/Sales
20% Operation
20% Legal/Other


Offer for investor

Convertable note 500k with maturity date 18 months, interest rate 6%, and 15%

Team or Management

Incubation/Acceleration programs accomplishment

Venturelab ICT foundation and ICT growth program in 2020

Photos

Photo 1 - World's First AI-powered tool built to bridge the Skills Gap
Photo 2 - World's First AI-powered tool built to bridge the Skills Gap
Photo 3 - World's First AI-powered tool built to bridge the Skills Gap
Photo 4 - World's First AI-powered tool built to bridge the Skills Gap
Photo 5 - World's First AI-powered tool built to bridge the Skills Gap
Photo 6 - World's First AI-powered tool built to bridge the Skills Gap
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility21
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video