We are very excited to share the creation of Student Inc. – a student-owned and operated company under EU for Innovation’s Connect IT initiative.
Connect IT matches bright young students in the IT fields with companies that choose to innovate their processes. Public and private universities are invited to enroll their students (from year 1 to master’s level) to create teams that address innovation needs of established companies in Albania. To date, there are 80 students enrolled in the programme, across 17 challenges and 12 companies. The programme has graduated 4 teams already as of July 2021– meaning that 4 teams have implemented solutions for their respective companies.
As of July 2021, a student company owned and operated by the students themselves – called Student Inc. – has been registered officially with NIPT No. M11814007E. Just as any other IT consultancy, the students will be able to work, find clients, and bill for their services. What makes this company unique is that upon graduation of a class of students, the company’s ownership is rotated to the new incoming class of student managers.
Student Inc. is funded by the Seneca Sede Challenge Fund 2021 grant, a facility of the Sector Network at GIZ. Under this grant, the company will get financial resources to operate.
We wish the founding members the best of luck in their journey as young entrepreneurs!
