Sprints

In MEA, where youth will make up 49% of the global youth population by 2030, ONLY 3 % of global techies are from MEA & the employment crisis is particularly acute. Despite spending two decades in education, a staggering number of these young individuals remain unemployable. In Egypt alone, the UNDP's Human Development Report 2021 highlights that graduates from higher education face the highest unemployment rates, largely because the education system fails to provide skills that match labor market demands. Last year, of the 536,000 university graduates in Egypt, 198,000 were from STEM fields, yet only 26% of these were women, underscoring the gender disparity in tech education.

These graduates find themselves in a paradox where they are unable to secure decent jobs, and companies, in turn, struggle to find qualified candidates. This skill gap is a major barrier to economic growth and tech industry expansion in the region. Compounded by the high cost of further education and a lack of targeted skills assessment tools, many young talents, especially women from rural areas, cannot access or afford the necessary training to become market-relevant.

The scalability of high-quality tech education remains hindered by the immense manual effort required in content production, language localization, and the scarcity of skilled technical trainers. Overcoming these challenges is critical to expanding our impact, enabling us to reach underserved youth globally and contribute to economic prosperity through technology and innovation.

Sprints solution not only tackles local unemployment but also addresses global economic disparities by preparing the next generation of tech professionals. Our commitment is to create a world where education empowers everyone to achieve their potential and contribute meaningfully to society

Sprints tackles the urgent need for market-relevant education through an innovative AI-driven platform that creates personalized learning journeys for each student. This approach ensures that our graduates not only acquire the necessary tech skills but are also immediately employable, equipped to meet current industry demands, and competitive on a global scale.

How it Works:

1. Personalized Learning Journeys: Using advanced algorithms, our platform assesses each learner's skills and knowledge gaps upon entry. Based on this assessment, it designs a tailored learning path that aligns with both the learner's needs and the specific requirements of the tech industry. This ensures that every minute spent learning is efficient and directly beneficial.

2. AI-Powered Assessment and Feedback: To scale our reach while maintaining quality, Sprints employs artificial intelligence to automate the grading of projects and tasks. AI also helps conduct initial screening interviews and periodic assessments to ensure learners are on the right track. This technology allows us to handle large volumes of learners simultaneously, providing personalized & instant feedback and adjustments to their learning paths in real time.

3. Flexible Payment Options: Understanding the financial constraints many students face, we offer a "pay-when-hired" model. This deferred payment plan alleviates upfront financial burdens, allowing learners to focus on their studies without the stress of immediate fees. They only begin to repay their tuition once they secure employment, making education accessible to a broader audience, including underserved communities.

4. Scalability Solutions:

• Automated Content Production: We leverage AI-driven tools, including deepfake technology, to automate content production and updates. This innovative approach allows us to create high-quality video content featuring virtual instructors. By synthesizing speech and video in various languages, we overcome the challenges associated with finding expert trainers fluent in less common languages. This significantly reduces the manual effort required and ensures rapid scalability across different regions and languages.
• Advanced Language Localization Technologies: Utilizing natural language processing (NLP) technologies, we adapt and translate our educational content, making it culturally relevant and accessible to a global audience.

This approach not only democratizes access to quality tech education but also directly addresses the gap between traditional educational outcomes and the evolving needs of the global job market. By focusing on employability and skill relevance, Sprints ensures that its graduates are not just knowledgeable but truly ready to contribute and thrive in the tech industry.

Sprints' solution is strategically designed to serve young people in the Middle East and Africa (MEA), focusing particularly on the most underserved communities, including young women, people with disabilities (PWDs), refugees, underpaid youth, and individuals who have lost their jobs due to displacement from war, violence, or climate-related disasters. Our platform aims to bridge the significant gap between traditional education systems and the dynamic needs of today's global tech industry.

Target Population:

• Youth (ages 18-35): Central to our mission, this demographic is crucial for building the future workforce but is often left behind by conventional education systems.
• Underserved Groups:
  • Young Women and PWDs: Face substantial barriers that limit their access to education and employment in the tech industry.
  • Refugees and Displaced Individuals: Displacement disrupts their education and career paths, necessitating flexible and accessible learning solutions that can be adapted to transient lifestyles.
  • Economically Disadvantaged Youth: Often employed in unstable, informal sectors, they require skills that can transition them into formal and more secure employment opportunities.

Challenges Faced by These Groups:

• Lack of Accessible and Relevant Education: Traditional learning environments often fail to reach or effectively teach these groups due to physical, economic, or geographic barriers.
• Economic Instability: High costs and lack of financial support systems make it difficult for economically disadvantaged youth to pursue further education.
• Displacement Challenges: Constant relocation and instability mean that displaced individuals need education solutions that are flexible and can be accessed from anywhere at any time.

How Our Solution Addresses Their Needs:

1. Personalized Learning Pathways: Using AI, Sprints crafts learning journeys tailored to the skills, background, and life circumstances of each learner, ensuring accessibility and relevance.

2. AI-Powered Assessment and Support: Our platform automates the assessment of projects and tasks, and provides continuous feedback to keep learners engaged and on track, crucial for those in unstable environments.

3. Flexible "Pay-When-Hired" Model: This financial model removes the barrier of upfront tuition fees, making education accessible to individuals who cannot afford traditional payment structures, including those in informal employment.

4. Robust Support Systems: We provide additional support tailored to the needs of refugees and displaced individuals, including multilingual content and community-building programs that foster a sense of stability and belonging.

5. Scalability and Accessibility: Our online platform is designed to be accessible on various devices and bandwidth conditions, ensuring that education is within reach for learners in remote or disrupted areas.

By focusing on these comprehensive and inclusive strategies, Sprints empowers not just the traditionally employable but also those who have been marginalized by socio-economic circumstances, displacement, or disabilities. Our approach ensures that each learner not only acquires valuable tech skills but also gains the confidence and support needed to succeed in the global job market, thereby contributing to broader social and economic stability.

Sprints is led by co-founders Ayman Bazaraa and Bassam Sharkawy, whose deep connections and comprehensive understanding of the tech industry in the Middle East and Africa (MEA) drive our mission to bridge the tech talent gap. Their combined expertise ensures our educational solutions are not only innovative but deeply aligned with the needs of the communities we serve.

Ayman Bazaraa’s Leadership:

Ayman Bazaraa, CEO of Sprints, brings a wealth of experience from his extensive background in leading tech ventures and developing end-to-end technological solutions. His entrepreneurial spirit is evident in his previous success with Avelabs ( Cofounded by Ayman on 2015), a company that developed software for autonomous vehicles and was successfully acquired by a Fortune 500 company. This experience showcases his ability to scale solutions and navigate complex market challenges. Ayman’s leadership at Sprints is characterized by a forward-thinking approach that integrates advanced technological processes to enhance educational outcomes.

Bassam Sharkawy’s Strategic Role:

Bassam Sharkawy, our Chief Strategy Officer, complements Ayman’s technological and entrepreneurial expertise with over twelve years of industry experience focused on upskilling tech professionals in the MEA region. His strategic insights are crucial for developing and implementing key growth strategies at Sprints. Bassam’s international experience, particularly in multilingual and multicultural environments, equips him with the unique skills needed to adapt our educational models to diverse community settings. His contributions have been vital in ensuring that our programs are inclusive and accessible to all segments of society, including traditionally underserved groups.

Community-Centric Design and Implementation:

Both Ayman and Bassam have ensured that the design and implementation of Sprints’ solutions are community-driven. This approach involves regular engagement with learners and tech industry stakeholders to ensure our offerings meet actual needs and adapt to market changes. Their leadership fosters a culture of continuous feedback and adaptation, which is crucial for developing relevant and impactful educational programs.

Proximity to the Community:

Our leadership team’s proximity to the communities we serve is not just geographical but experiential. Ayman and Bassam have both experienced the challenges that our learners face, particularly the gap between traditional education and the dynamic requirements of the global tech industry. This personal connection drives their commitment to transforming these challenges into opportunities for others.

Inclusive and Adaptive Strategies:

Under their guidance, Sprints has implemented strategies that ensure our educational services are inclusive, addressing barriers that women, people with disabilities, and economically disadvantaged individuals face in accessing tech education. This includes offering flexible learning options and a "pay-when-hired" tuition model, which removes financial barriers and aligns costs with successful employment outcomes.

In conclusion, the combination of Ayman’s visionary leadership in tech and entrepreneurship, alongside Bassam’s strategic expertise and multicultural insights, positions Sprints ideally to deliver transformative educational solutions. Their direct involvement and the meaningful guidance from the communities they serve ensure that Sprints not only addresses the current tech talent gap but does so in a way that is sustainable, inclusive, and poised for future growth.

Here are some points why I have selected this stage:

• Established Solution: Sprints has moved beyond the prototype and pilot stages by establishing an end-to-end solution that is already operational in three communities, namely Egypt, UAE & KSA. This suggests a consistent design and approach that is functioning and ready for further expansion.

• Consistent Availability and Usage: The solution is not only available but has been in use since at least May 2019, indicating over five years of operational history. This duration surpasses the early stages of testing and initial community implementation typical of the Pilot stage.

• Preparation for Expansion: Sprints appears to be at a stage where it is primed for further growth across multiple communities or countries, with established processes and a platform that supports scalability.

• Funding and Investment: We have gone through two rounds of funding, the latest round being led by DisrupTech VC and the other by Edventures. This indicates financial stability and investor confidence, making it suitable for the growth stage.

What we have built and tested so far:

Sprints has developed and successfully implemented a comprehensive end-to-end platform that effectively bridges the tech talent gap. Our solution encompasses a full spectrum of services from talent assessment and customized learning journeys to guaranteed job placements and ongoing support for career growth. Here’s what we have achieved so far:

Developed Components:

1. Talent Assessment Tools: We have created sophisticated algorithms that assess the skills and potential of candidates, ensuring that each learner's educational journey is tailored to their specific needs and the demands of the marketplace.
2. Customized Learning Platforms: Our learning management system (LMS) is designed to provide personalized education paths that adapt based on user performance and feedback. This system includes a variety of tech-focused courses that are continually updated to reflect the latest industry trends.
3. Job Placement and Support Services: A critical component of our platform is its integration with hiring processes. We have established partnerships with leading tech companies to secure top-paying jobs for our graduates, thereby ensuring a direct transition from education to employment.
4. Alumni Network and Career Development: Post-placement support is provided through our alumni network, which offers ongoing training opportunities, mentorship, and professional development to help individuals advance in their careers.

Testing and Outcomes:

• Our platform and services have been rigorously tested in multiple cycles, with feedback from both learners and employer partners used to make iterative improvements. This ensures that our offerings remain relevant and effective.
• Regular assessments and updates to our curriculum and teaching methods have been guided by direct input from industry experts and hiring partners, maintaining the alignment of our courses with real-world tech needs.

Impact and Reach:

• Sprints has delivered more than 2.3 millions learning hours. 
• Sprints has served over 20,000 learners through our platform, with many more engaging through workshops and introductory sessions.
• We have successfully placed over 86% of our graduates in tech jobs, significantly improving their career prospects and financial stability.
• Our alumni have reported a high level of satisfaction with the support provided, and many have progressed to senior positions within the tech industry or started their own tech ventures.

Applying to Solve is a strategic step for Sprints, motivated by our goal to enhance and expand the reach and effectiveness of our educational solutions. We recognize Solve's robust network and its capacity to support innovations through a combination of resources, expert guidance, and community engagement. Here’s how we envision Solve helping us overcome specific challenges:

1. Technical Enhancement and Innovation Support:

• Barrier: While we have developed a robust platform for education and job placement, continual technical enhancements are necessary to keep pace with the rapidly evolving tech landscape. We face challenges in integrating cutting-edge AI and machine learning technologies to further personalize and optimize learning paths.
• Solve’s Role: We hope to leverage Solve’s network of technology experts and innovators to gain insights and access to newer technologies. This collaboration could help refine our algorithms and make our platform even more efficient and scalable.

2. Expansion into New Markets:

• Barrier: Geographic expansion is a priority, but entering new markets presents cultural, regulatory, and market-specific challenges. Understanding local education systems, employment laws, and cultural nuances is crucial for our model to succeed in different regions.
• Solve’s Role: Solve’s global community offers a unique opportunity to connect with local experts and organizations in potential target markets. These connections could provide valuable local insights and strategic partnerships, facilitating smoother entries into these markets.

3. Legal and Regulatory Navigation:

• Barrier: As we plan to expand, navigating the legal and regulatory frameworks of new countries can be daunting. Compliance with local education certification standards and employment laws requires precise expertise.
• Solve’s Role: Access to legal experts within the Solve network who understand international and local regulatory landscapes could significantly lower the hurdles of expanding our operations across borders.

4. Cultural Adaptation and Inclusivity:

• Barrier: Ensuring our platform and content are culturally relevant and inclusive, particularly in diverse regions, is essential yet challenging. Tailoring solutions to meet varied cultural expectations and educational norms requires deep understanding and adaptation.
• Solve’s Role: Collaboration with cultural consultants and educational experts from Solve’s community can help us adapt our offerings to meet diverse learner needs effectively, ensuring our solutions are well-received and impactful.

5. Strengthening Market Position and Brand Visibility:

• Barrier: As a growing entity in the competitive EdTech space, enhancing our market presence and brand visibility in international markets is a significant challenge.
• Solve’s Role: Solve’s media and public relations support can amplify our visibility and strengthen our brand recognition globally, helping us attract more learners, partners, and investors.

In applying to Solve, our goal is not solely to secure funding but to tap into a vibrant ecosystem of like-minded innovators, experts, and potential partners who are committed to driving social impact through education. We believe that being a part of this community will not only support our operational goals but also enrich our strategic approach, enabling us to make a more substantial impact on the global stage.

Sprints' solution stands out for its innovative approach to bridging the tech talent gap in the Middle East and Africa (MEA), bringing transformative changes to the way tech education is delivered and integrated with employment opportunities. Here’s how our approach is innovative:

1. Integrated End-to-End Platform: Sprints offers a unique end-to-end platform that manages the entire lifecycle from talent assessment, through personalized education, to job placement and career support. This comprehensive approach ensures seamless transitions for learners into the tech industry, making it innovative compared to traditional educational programs that often end at certification without ensuring employability.

2. AI-Driven Personalization: Utilizing artificial intelligence, Sprints personalizes educational pathways for each learner based on initial skill assessments. This tailored learning experience maximizes efficiency and effectiveness, directly aligning educational content with the specific needs of learners and the demands of the evolving tech market.

3. Pay-When-Hired Tuition Model: Our "pay-when-hired" model mitigates financial barriers for students by aligning tuition costs with successful job placement. This financial model reduces the risk for learners, making advanced tech education accessible to a broader audience, including those from underserved communities. It also motivates our program to maintain high employment success rates to sustain its funding.

4. Inclusive Education Focus: Sprints actively works to include underrepresented groups in the tech sector, such as women, people with disabilities, and economically disadvantaged individuals. This commitment to diversity not only fills the tech talent gap but also promotes inclusivity within the tech industry, enriching the sector with diverse perspectives and skills.

5. Market and Landscape Impact: The scalable nature of our platform and business model allows for expansion into other regions with similar challenges, setting a new standard for tech education globally. By proving the success of our holistic and financially accessible model, Sprints encourages other educational institutions to adopt similar approaches, potentially transforming the educational landscape to better meet market needs.

Broader Positive Impacts: Sprints’ model could catalyze a shift in the educational sector towards more outcome-based financing and personalized learning experiences, influencing other providers to prioritize employment outcomes and real-world skills in their curricula. Furthermore, by integrating traditionally marginalized groups into the workforce, our approach can stimulate broader economic development and innovation across the region.

In summary, Sprints’ solution not only addresses immediate educational and employment needs but also has the potential to drive systemic change in the tech education sector, promoting more inclusive, efficient, and market-aligned educational practices worldwide.

Sprints' theory of change is predicated on the simple premise that equipping youth in the Middle East and Africa (MEA) with market-relevant tech skills & placing them to top paying jobs will significantly reduce unemployment and foster economic growth in the region. Our solution addresses this by delivering customized tech education directly aligned with current job market demands, which in turn will transform learners into skilled professionals ready to meet and propel the digital economy.

Activities to Outputs:

1. Activity: Conduct Market Research
   We continuously identify the skills most in demand within the tech sector through robust market research, involving industry partnerships and analysis of employment trends.
   
   Output: Updated Educational Curricula
   Our curricula are regularly revised to reflect these findings, ensuring that the skills taught are precisely those required by employers.

2. Activity: Customized Learning Journeys
   Leveraging AI, we develop personalized educational pathways for each student, ensuring that learning is efficient and tailored to individual career goals.
   
   Output: High Course Completion Rates
   Students engage more fully with the material, evidenced by completion rates significantly above the industry average.

3. Activity: Implementation of a Pay-When-Hired Model
   We remove financial barriers to education by allowing students to defer payment until they secure employment, making tech education accessible to a wider demographic.
   
   Output: Increased Enrollment from Diverse Backgrounds
   There is a marked rise in enrollment from underrepresented and economically disadvantaged groups.

Outputs to Outcomes:

1. Highly Skilled Graduates
   With curricula aligned with market needs and personalized learning approaches, graduates are well-prepared for immediate employment in tech roles.

2. Diverse and Equitable Tech Workforce
   By making tech education financially accessible and relevant, we contribute to a more diverse and inclusive tech workforce.

Outcomes to Impact:

1. Reduction in Youth Unemployment
   Skilled graduates quickly find employment, reducing the youth unemployment rate in the MEA region.
   
2. Economic Growth and Innovation
   A skilled workforce leads to higher productivity and innovation, driving economic growth and establishing the MEA region as a key player in the global tech industry.

Evidence Supporting Links:

- Third-Party Research: Studies by the International Labour Organization highlight the critical need for aligning educational outcomes with market demands to tackle youth unemployment.
  
- Internal Data: Our tracking shows 86% of graduates secure tech jobs within six months post-completion, supporting the effectiveness of our job-aligned education approach.

- Feedback from Partners and Graduates: Continuous input from hiring partners and alumni helps refine our programs and validate their relevance and impact on career success.

In conclusion, Sprints' strategic activities lead to tangible outputs and outcomes that not only solve immediate employment challenges but also contribute to long-term economic resilience and growth in the MEA region. Our theory of change is grounded in ongoing evaluation and adaptation, ensuring our impact remains strong and relevant as market demands evolve.

N.B. Full ToC is available upon request 

Sprints has set clear impact goals to drive and measure the effectiveness of our solution in bridging the tech talent gap and reducing youth unemployment in the Middle East and Africa (MEA). Our goals are ambitious but achievable, focused on creating substantial and measurable changes in the lives of our beneficiaries.

Impact Goals:

1. Reduce Youth Unemployment in the MEA Region:

   • Goal: To reduce the unemployment rate among tech-trained youth by 30% within five years.
   • Indicators:
     • Percentage reduction in unemployment rates among our graduates compared to regional averages.
     • Employment rates of graduates within nine months of program completion.

2. Establish MEA as a Premier Global Tech Hub:

   • Goal: To double the number of tech professionals in the MEA region contributing to global projects within five years.
   • Indicators:
     • Number of graduates working on international tech projects.
     • Number of tech companies establishing virtual tech centers in the MEA region as a result of increased local talent availability.

3. Increase Access to Tech Education Among Underrepresented Groups:

   • Goal: To increase enrollment from women, persons with disabilities (PWDs), and economically disadvantaged individuals by 50% annually.
   • Indicators:
     • Enrollment rates of target demographic groups year over year.
     • Completion rates and job placement rates of these groups compared to overall student body.

4. Facilitate Career Progression in the Tech Industry:

   • Goal: Ensure 75% of our alumni achieve at least one career advancement or skill enhancement within two years of graduation.
   • Indicators:
     • Number of alumni reporting career advancements such as promotions, new job roles, or starting their own tech ventures.
     • Alumni engagement in continuous learning and certification programs post-graduation.

Measurement and Progress Tracking:

• Data Collection: We systematically collect data through graduate surveys, employment follow-ups, and partner feedback to assess our impact. This data is integrated into our CRM system for real-time analysis and long-term tracking.

• Regular Reporting: We compile bi-annual impact reports that detail our progress against these indicators. These reports are shared with stakeholders, including funders, partners, and the community, to maintain transparency and accountability.

• SDG Alignment: Our indicators align with the UN Sustainable Development Goals, particularly Goal 1 (No Poverty), Goal 4 (Quality Education), Goal 5 (Gender Equality), Goal 8 (Decent Work and Economic Growth), Goal 10 (Reduced Inequality), and  Goal 17 (Partnerships for the Goals). This alignment helps us standardize our impact metrics with global benchmarks and contributes to broader development agendas.

Sprints harnesses a suite of modern technologies to provide an end-to-end educational and employment platform, focusing particularly on AI-driven solutions and software innovations to deliver personalized learning experiences and streamline the job placement process. 

• 93 Full timer employees
• 314 Freelancer experts and trainers

5 years

At Sprints, we recognize that a diverse, equitable, and inclusive environment is crucial not only to our success but to fostering innovation and understanding within the tech industry. Our commitment to diversity, equity, and inclusion (DEI) is embedded in every aspect of our operations, from hiring practices to team interactions and leadership decisions.

Diversity in Leadership and Team Composition:

1. Leadership Diversity:

   • Our leadership team reflects the diversity we strive to achieve across our organization. With leaders from different cultural and professional backgrounds, we ensure a wide range of perspectives in decision-making processes.
   • We actively recruit leaders from underrepresented groups, ensuring gender diversity and inclusion of minorities and people with disabilities.

2. Team Diversity:

   • Our team members come from a variety of ethnic backgrounds, genders, and ages, and include a significant representation from the communities we primarily serve. This diversity enriches our team dynamics and enhances our ability to address the needs of a diverse student body.

Minimizing Barriers to Opportunity:

1. Recruitment and Hiring:

   • We employ a blind recruitment process that omits candidates' names and backgrounds from initial review stages to focus purely on skills and qualifications, reducing unconscious biases.
   • We partner with organizations that work towards increasing employment opportunities for underrepresented groups, ensuring that these talents are not overlooked in the tech industry.

2. Professional Development and Advancement:

   • All employees have access to continuous learning opportunities, including workshops, courses, and seminars, that promote career advancement and personal growth.
   • We conduct regular reviews to ensure equitable access to promotions and leadership roles, aiming to recognize and reward performance and potential irrespective of background.

Creating an Inclusive Environment:

1. Cultural Competence Training:

   • We provide regular training for all staff on cultural competence, sensitivity, and inclusive communication to ensure that every team member feels respected and valued.
   • These training sessions also cover ways to eliminate bias and create supportive interactions among diverse team members.

2. Feedback and Continuous Improvement:

   • We maintain an open-door policy for feedback on our DEI practices, encouraging team members to share their experiences and suggest improvements.
   • Regular surveys and focus groups help us gauge the inclusivity of our workplace and identify areas for enhancement.

3. Support Structures:

   • Employee resource groups (ERGs) for various identity groups within the company provide support, advocacy, and community engagement, fostering a sense of belonging among team members.
   • We ensure that all our office environments are accessible and accommodating to individuals with disabilities, and we offer flexible work arrangements to support team members with different needs.

Goals for Future DEI Enhancements:

• We are committed to increasing the representation of women in tech roles within our company by 40% over the next five years.
• Expand our outreach and recruitment efforts to more geographical regions within the MEA to include more diverse talents who can bring fresh perspectives and innovation to our team.

Sprints' dedication to DEI is not just about compliance but is a core part of our ethos and mission. By continually striving to improve our workplace culture, we aim to set an example for the tech industry and contribute to broader societal change.

Sprints employs a multifaceted business model that leverages a combination of B2C, B2B, and B2G revenue streams to deliver value to diverse stakeholders while ensuring sustainable impact and revenue generation. Here’s how each component of our business model contributes to our mission of bridging the tech talent gap and reducing youth unemployment in the MEA region:

1. B2C:

Learners pay via installments up to 3 years after being hired with zero interest rate. Or they can pay in advance with a discount and a money-back guarantee if not hired within 9 months.

2. B2B:

• Upskilling Employees: Companies pay to enhance the skills of their existing workforce, improving productivity and adapting to technological advancements.
• Hiring from Talent Pool: Employers access our pool of trained graduates, reducing their costs and risks associated with talent acquisition.
• Sponsorships and Branding: Businesses sponsor learners and events, enhancing their brand visibility and demonstrating their commitment to social responsibility.
• Assessment Platform: We offer our proprietary assessment tools to companies for evaluating both job applicants and current employees, ensuring they meet the required competencies.
• Outstaffing Services: Employers can integrate our graduates into their remote teams, where Sprints handles administrative aspects while the employer manages day-to-day activities.

3. B2G

• Government Partnerships: We collaborate with governments to provide scholarships, supporting learners financially and contributing to national goals of increased employability and competitiveness in the IT sector.
• Custom Programs: Governments can contract directly with us to integrate our training programs into national education systems or through partnerships with local institutions.

Value Proposition:

• For Learners: Access to high-quality tech education with a clear path to employment and flexible financing options makes our programs accessible and practical.
• For Employers: A reliable source of skilled talent tailored to current market needs, coupled with the ability to influence training focuses through sponsorships and partnerships, offers companies a competitive edge.
• For Governments: Supporting skill development aligns with broader economic goals, such as improving productivity, reducing unemployment, and fostering a competitive national economy.

Impact Generated:

The impact of our services extends beyond individual career success; it catalyzes broader socio-economic development. By empowering youth with critical tech skills, Sprints significantly reduces unemployment rates and equips the workforce to participate in and propel the digital economy. For businesses, our training and placement services enhance productivity and innovation, while our government partnerships help national education systems align more closely with industry needs. Through these efforts, Sprints is not only transforming individual lives but also contributing to the technological advancement and economic diversification of the MEA region. This holistic approach underscores our commitment to creating sustainable, widespread impact through high-quality tech education and employment integration.

By aligning our activities with the needs of all stakeholders and continuously adapting our offerings based on market feedback, Sprints ensures long-term sustainability and maximum impact on both individual and societal levels.

Sprints is on a clear path to achieving financial sustainability and scalability through strategic automation and technology enhancements. Over the next two years, we plan to:

1. Automate Key Processes:

   • Automated Scoring and Assessments: By automating the scoring of learners' projects and technical assessments, we significantly reduce manual labor costs and increase our capacity to handle a larger volume of students.
   • AI-Powered Interviews: Implementing AI to conduct initial screening interviews streamlines the filtration process for applicants and enhances the matching accuracy between learners and learning tracks.
   • Learning Journey Automation: Utilizing multi-language automatic narrators and deepfake technology to produce educational content allows for rapid scaling and adaptation to different markets without the typical costs associated with such expansion.

2. Financial Models and Revenue Streams:

   • Diverse Revenue Sources: Revenue is generated from multiple streams including B2C (learners), B2B (employers), and B2G (governments). Employers pay for upskilling services, hiring from our talent pool, and sponsorship opportunities, while governments invest in scholarships and contracts to improve employability and competitiveness.

3. Market Demand and Pricing Strategy:

   • High Demand for Tech Jobs: Our services cater to the growing demand for tech professionals, as evidenced by our market analysis. The tech sector's robust growth ensures a continuous need for our training programs.
   • Profitable Pricing Structure: We maintain healthy profit margins by setting competitive yet affordable prices for our programs, ensuring that we cover costs while remaining attractive to learners and employers.

4. Long-Term Engagement and Career Support:

   • Lifetime Career Partner: By offering ongoing upskilling, career coaching, and lifetime hiring support, we create enduring relationships with our alumni. This long-term engagement translates into repeated revenue generation and social sustainability.
   • Sustainable Job Creation: The jobs facilitated by our platform are typically annual contracts with high renewal rates, ensuring stable and predictable revenue from employer partnerships.

Evidence of Success:

• Revenue Generation: We have already seen substantial revenue through our existing payment models and partnerships. The flexibility of our payment options increases our appeal and accessibility, leading to higher enrollment and completion rates.
• Employment Outcomes: Our graduates secure top-paying jobs, averaging 15,000 EGP, which not only validates the effectiveness of our programs but also reinforces the economic empowerment of our learners.
• Market Resilience: The tech industry's growth, accelerated by digital transformation, positions our services in a sector that is less susceptible to economic downturns, ensuring long-term viability.

In summary, Sprints' strategic use of technology to streamline operations and expand globally, combined with a solid financial model and a commitment to long-term learner success, provides a strong foundation for financial sustainability and market expansion. These efforts are supported by a clear understanding of market demands and a commitment to serving both learners and employers effectively, ensuring our position as a leader in tech education and employment solutions.