Employ-Abled (A Social Responsibility Initiative)

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Empowering special people, in order to benefit the disabled individuals as well as their societies in lasting and meaningful ways!

Transcript of Employ-Abled (A Social Responsibility Initiative)

Page 1: Employ-Abled (A Social Responsibility Initiative)

Employ-abled -Creating jobs for the differently abled

Business Plan: Community Development

Welingkar Institute of Management Development and Research, Mumbai Team Name: Givers

Team Members: Yogeeta Raisinghani

Ronak Gandhi

Event Category: Social Responsibility

E-mail address: [email protected] / [email protected]

Mob: +919930477529 / +919773446447

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Business Plan: Employ-abled

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Executive Summary

Mission statement

To create comprehensive rehabilitation opportunities for the differently-abled persons so

as to facilitate integration into the mainstream of society, and to enrich the life of

differently-abled persons as well as the interfacing individuals and community.

Business opportunity

The Persons with Disabilities Act, 1995 mandates that: “The appropriate Governments

and the local authorities shall, within the limits of their economic capacity and

development, provide incentives to employers both in public and private sectors to ensure

that at least five per cent of their work force is composed of persons with disabilities.”

The business plan proposed is based on creating job opportunities for people with

disabilities by starting a training centre and a placement agency for differently abled

people. A job portal exclusively for differently abled people will be started to promote

the employment of disabled people within corporate India.

Objectives:

Train and develop skills of differently abled people by setting up a training centre.

They will be taught basic computer skills, vocational skills, etc. and other skills

required by those specific individuals which will help to improve their

employability; at a nominal cost.

Create employment opportunities for differently abled people by starting a

placement agency exclusively for them.

Channelize the initiatives undertaken by NGOs and Government for employment

of differently abled people.

Start a job portal exclusively for differently abled people, which will also attract

advertisers targeting this segment, and hence generate revenue.

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Business Plan: Employ-abled

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Helping differently abled people to become financially independent and thereby

helping their families also.

Target group

Companies

Unemployed differently abled people

Advertisers for our job portal (Companies whose target customers are differently

abled people; for e.g.: Hearing aid manufacturers, wheel chair manufacturers,

etc.)

NGOs and other bodies for training differently abled people

Feasibility Study and market Analysis

There are several placement agencies and training centers in the market today. But there are none which are dedicated exclusively for disabled people. 70 million disabled in India, and only 2% are educated and 1% employed [1]. With so many initiatives by the Government of India and NGOs, it will be the next buzz word as a part of CSR activities carried out by the organizations. There is a huge potential in this market.

Marketing strategy

Tie-ups with NGOs to channelize existing initiatives; for carrying out training activities for differently abled people; which will also benefit in building company’s goodwill and brand.

Use of social media networking for promotion. Job portal exclusively for differently abled people, this will attract advertisers

targeting that segment. Organizations willing to access information of candidates applying for jobs from

the job portal will have to take membership of the portal by paying subscription fees.

[1] Source: http://infochangeindia.org/2003060269/Disabilities/Features/70-million-disabled-in-India-and-only-2-are-educated-and-1-employed.html

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Business Plan: Employ-abled

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Financials

Investments involved in this project are as follows: Cost of setting up office for placement agency and training center Cost of creating and maintaining the website

Working Capital will be required for: Salaries to staff Administration cost Advertising expenditure

Sources of Income will be as follows: Income from placements done, i.e. commission received from companies where

differently abled people are placed by us. Fees received from people who join our training program. Income from advertising on job portal. Subscription income from organizations taking membership of our job portals to

access information of the registered candidates on it.

Implementation Strategy

Launching the job portal exclusively for differently abled people Setting up Placement agency which will help create employment opportunities for

the differently abled people. Setting up training centers in association with NGOs and other non-profit

organizations for differently abled people to improve their skills and employability factor.

Scalability and Sustainability

There are 70 million differently abled people in India. Out of which only 1% are employed. One in every ten children is found disabled in India. This leaves us with an immense potential of tapping this market. Organizations will be more than willing to employ a differently abled person who is well trained and suited for the job. This will not only provide employment to the differently abled person but will also help in building the organization’s goodwill and brand. Advertisers targeting differently abled people will advertise with us because this will be a very nice platform for them to market their products or services and reach the right customer.