Investment in Vocational Training Certification Programs

Investment in Vocational Training Certification Programs

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Investment in Vocational Training Certification Programs
Investment in Vocational Training Certification Programs
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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.
Education
Formal Education
Business Model Description

Providing digital training and certification services attesting to the employability skills and technical or vocational qualifications of the workforce

Expected Impact

Vocational training services will develop essential skills among the Turkish workforce and promote wider access to the labor market through increased skills documentation.

How is this information gathered?
Updated: 4 Aug, 2021 Date of Production: 1 Feb, 2021
Turkey
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.
Short Term (0–5 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 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Gender Equality (SDG 5) Reduced Inequalities (SDG 10)

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Sector Sources
  • 1) Sustainable Development Report Dashboard 2020, OECD Members, Turkey, https://dashboards.sdgindex.org/?fbclid=IwAR1tzYVKRXvPD2mwfvhf-mLTGGQEjA76y_HlrprWhSzNYZcqrLZMLXzRIcI#/TUR 2) 11th Development Plan http://www.sbb.gov.tr/wp-content/uploads/2020/03/On_BirinciPLan_ingilizce_SonBaski.pdf 3) 2020 Annual Presidential Program, http://www.sbb.gov.tr/wp-content/uploads/2019/11/2020_Yili_Cumhurbaskanligi_Yillik_Programi.pdf 4) Sustainable Development Goals Evaluation Report from the Directorate of Strategy and Budget 5) Mesleki Yeterlilik Kuruşu Web Portalı, Yetkilendirilmiş Belgelendirme Kuruluşları, https://portal.myk.gov.tr/index.php?option=com_kurulus_ara&view=kurulus_ara#&Itemid=322 6) TURKSTAT, Labor Force Statistics, Labor Force Statistics Regional Results, Results for 2014 and Beyond, http://www.tuik.gov.tr/PreIstatistikTablo.do?istab_id=2319 7) International Labour Organization, ILO’s support to refugees and host communities in Turkey, https://www.ilo.org/ankara/projects/WCMS_379375/lang--en/index.htm
IOA Sources
  • 8) Industry Arc, Digital Badges Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2020 - 2025 9) Turkey's Sustainable Development Gaols 2nd VNR 2019 https://sustainabledevelopment.un.org/content/documents/23862Turkey_VNR_110719.pdf 10) SDG Index & Dashboard https://dashboards.sdgindex.org/profiles/tur/indicators 11) Turkey's Sustainable Development Gaols 2nd VNR 2019 https://sustainabledevelopment.un.org/content/documents/23862Turkey_VNR_110719.pdf 12) Turkey's Sustainable Development Gaols 2nd VNR 2019 https://sustainabledevelopment.un.org/content/documents/23862Turkey_VNR_110719.pdf 13) Statista - Turkey Literacy Rate from 2007 to 2017 https://www.statista.com/statistics/575187/literacy-rate-in-turkey/ 14) International Labour Organization, Understanding the potential impact of skills recognition systems on labour markets: research report 15) Mesleki Yeterlilik Kuruşu Web Portalı, Yetkilendirme ttps://www.myk.gov.tr/index.php/tr/yetkilendirme 16) Asylum in Europe, Access to the Labour Market-Turkey, https://www.asylumineurope.org/reports/country/turkey/access-labour-market-0 17) TURKSTAT, Labor Force Statistics, Labor Force Statistics Regional Results, Results for 2014 and Beyond, http://www.tuik.gov.tr/PreIstatistikTablo.do?istab_id=2319 18) SDG Tracker, 2020, https://sdg-tracker.org/ 19) Trading Economics, World Bank Turkey Statistics 2017, https://tradingeconomics.com/turkey/indicators-wb-data.html?g=education 20) World Bank, Labor Force Participation 2020, https://data.worldbank.org/indicator/SL.TLF.TOTL.FE.ZS?locations=TR 21) Turkish Statistical Institute, 2020, https://data.tuik.gov.tr/Bulten/Index?p=Isgucu-Istatistikleri-Agustos-2020-33792 22) Turkis Statistical Services, 2021. https://cip.tuik.gov.tr/.