Bessere Abschlussquoten bei Berufsausbildungen /
The post school apprenticeship vocational trainings (“Lehre”) is key to the German industry and 330 professions are educated and trained through these programmes. Currently 1.4 million apprentices are pursuing an apprenticeship programme, but as of August 2015, 27.000 apprenticeship vacancies can be found on the job sites of the chambers of commerce. On average every fourth person terminate its apprenticeship programme in advance. According to a study made by the German ministry of education (BMBF) 43% of the students made poor conveyance of educational contents responsible for their early termination.
Social Impact: Veedu veedu (video enhanced education) is aiming at improving the poor conveyance of the educational contents and as a result reduce the terminations of apprenticeships. Veedu is offering a complimentary, modern and flexible video enhanced educational tool for the apprentices. Each educational module will be captured in a video and the service will include the possibility for the apprentice to ask questions to the content via chat, telephone and email.
Investment need: To increase the online video modules, growth capital is needed. The revenue model is based on fees paid by the companies for their apprentices.