Training and upskilling centres

Training and upskilling centres

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Training and upskilling centres
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
Education Infrastructure
Business Model Description

Upscale technical and vocational education and training centres for adults and youth, offering different courses for improving technical skills and employment opportunities.

Expected Impact

Offer educational and training opportunities for professional self-development to promote more stable livelihoods.

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).
15% - 20% (in ROI)
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.
Medium Term (5–10 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
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4) Gender Equality (SDG 5) Decent Work and Economic Growth (SDG 8)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Industry, Innovation and Infrastructure (SDG 9) Reduced Inequalities (SDG 10)
Sector Sources
  • (I) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. (II) United Nations Development Programme (2019). Briefing note for countries on the 2019 Statistical Update: Uganda. (III) National Planning Authority. National Development Plan III (NDPIII) 2020/21 – 2024/25. (IV) World Bank. The World Bank In Uganda. https://www.worldbank.org/en/country/uganda/overview
IOA Sources
  • (1) United Nations International Centre for Technical and Vocational Education and Training (2014). World TVET Database - Uganda. https://unevoc.unesco.org/wtdb/worldtvetdatabase_uga_en.pdf (2) Ministry of Education and Sports (2019). Technical Vocational Education and Training (TVET) Policy. http://www.education.go.ug/wp-content/uploads/2020/05/FINAL-TVET-POLICY_IMPLEMENTATION-STANDARDS_IMPLEMENTATION-GUIDELINES_19TH_MAY_2020.pdf (3) Government of Uganda (2002). Education Service Act 2002. https://ulii.org/system/files/legislation/act/2002/2002/education%20service%20Act%20%202002.pdf (4) World Bank database. https://data.worldbank.org/ (5) World Bank (2019). Economic Development and Human Capital in Uganda: A Case for Investing More in Education. http://documents1.worldbank.org/curated/en/925741559163051034/pdf/Economic-Development-and-Human-Capital-in-Uganda-A-Case-for-Investing-More-in-Education.pdf (6) Uganda Bureau of Statistics (2017). Education: A means for Population Transformation. https://www.ubos.org/wp-content/uploads/publications/03_2018Education_Monograph_Report_Final_08-12-2017.pdf (7) Ministry of Information and Communications Technology (2014). National ICT Policy. (8) Uganda Revenue Authority (2019). A Guide on Tax Incentives /Exemptions available to the Uganda Investors. https://www.ebiz.go.ug/wp-content/uploads/2020/03/TAX_INCENTIVES_GUIDE_FOR_INVESTORS_IN_UGANDA_October_2019.pdf (9) PwC analysis based on Prof. A. Damodaran data, 2020. (10) Ministry of Education and Sports. Who We Are. http://www.education.go.ug/#eluidd49b9abd (11) World Bank (2013). Second Economic Update. https://www.worldbank.org/content/dam/Worldbank/document/Africa/Uganda/Report/uganda-economic-update-august-2013-summary.pdf (12) Daily Monitor (2019). Construction, manufacturing and tourism sectors 'scream' for skilled labour. https://www.monitor.co.ug/uganda/news/national/construction-manufacturing-and-tourism-sectors-scream-for-skilled-labour-1863246 (13) Knoema database. https://knoema.com/ (14) Ministry of Finance, Planning and Economic Development (2019). Business, Technical and Vocational Training: Are the objectives being met? BMAU Briefing Paper 26/19. https://www.finance.go.ug/sites/default/files/Publications/BMAU%20Policy%20Brief%2026-19-Business%2C%20Technical%20and%20Vocational%20Training-%20Are%20the%20objectives%20being%20met.pdf (15) Brandt, S. and Okello, O. (2019). Uganda’s Rising Middle-Class: A Roaring Lion or a Sleepy Kitten? Konrad Adenauer Stiftung. https://www.kas.de/documents/280229/280278/Uganda%E2%80%99s+Rising+Middle-Class+-+A+Roaring+Lion+or+a+Sleepy+Kitten.pdf/de73781c-8ac8-fdc8-856a-15f9999974b1?version=1.2&t=1567666972231 (16) Rafa, M., Moyer, J.D., Wang, X. and Sutton, P. (2017). Estimating District GDP in Uganda.https://pardee.du.edu/sites/default/files/Estimating%20District%20GDP%20in%20Uganda%20.pdf