Jooble launches startup incubator
Ukrainian product company Jooble announced the launch of an internal startup incubator. It is seeking fresh ideas in job search and recruitment and intends to invest between $100,000 and $2 million in the new program. The company plans to support 10 projects within a year.
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As you know, Jooble is actively developing its eponymous job search service, which is used in 69 countries worldwide. Now the company has decided to expand into another area of work: Product Innovations. And the initiative to create a startup incubator is part of this new project.
Product Innovations
The concept is based on identifying interesting ideas and initiatives in the area of professional development and employment for IT specialists. According to Alexey Orlov, Chief Product Innovations Officer, the company is open to proposals and ideas from both Jooble employees and external sources.
"We're gathering insights that will help confirm the need for such a solution among potential clients. We're also determining the market size. For this purpose, we'll be hiring analysts to join the incubator team," says Orlov.
Opportunity to create new business projects
Product Innovations' main goal is to find interesting ideas and help bring them to life. The company views the incubator format as an opportunity to gather and explore new ideas and transform the most promising ones into business projects.
The work plan for new projects consists of several stages:
- market research;
- concept presentation;
- protection of the business plan;
- Approval of investment rounds: pre-seed, seed, series A.
Jooble plans to position all projects as its own products, but starting with the seed round, startups will be able to attract funding from third-party investors.
Creating viable products
According to the new project's manager, "the company understands the risks of working with startups," but the team is ready to "go through the process of making mistakes, working with hypotheses, and creating viable products."
Priority segments for the development of new Jooble products within the framework of the announced initiative:
- Improving job search marketplaces by creating modern services for career guidance and specialist training;
- development of productive systems for automating job advertising and the candidate selection process;
- Implementation of effective HR marketing solutions based on job posting data analytics.
Suggestions and ideas can be sent to innovations@jooble.com.
In addition to funding, Jooble plans to provide startups with:
- support from operational, financial, administrative and HR components;
- access to mentoring and exchange of expertise to implement good ideas.
Jooble Jobs
In addition to identifying new ideas and projects, the company is actively seeking leaders of future innovative products and new businesses. It is interested in ambitious professionals ready to implement their own compelling ideas, as well as those submitted to the incubator.
There are currently 3 open positions:
- IT entrepreneur (internal startups)
- Head of Business Development (new business)
- Head of Product (New products)
Project Give a Job for UA
Jooble, together with Happy Monday and Parimatch, launched a projectGive a Job for UA("Give jobs to Ukrainians"). The program was created with the support of the UN Global Compact in Ukraine and the UN Global Compact in Poland.
The project's initiators want to help Ukrainians who lost their jobs due to the war and were forced to leave their country. They aim to attract as many companies as possible to create employment opportunities for our compatriots both in Ukraine and abroad.
Give a Job for UA calls on businesses around the world to support our country and create favorable employment conditions for our compatriots.
The project's goal is to provide Ukrainian migrants with the opportunity to find employment at companies with high demand for temporary labor. For employers, this solution solves the problem of finding the necessary number of online and offline workers.
This is especially important for those who left the country because of the war, as integration into the new conditions in places of forced displacement—into the new reality—depends largely on the availability of work.
Job openings for Ukrainiansfor free are hosted on the Jooble and Happy Monday platforms
Job search platforms
- Help UkrainiansJooble offers Ukrainians not only job openings but also job search tips.
- UA Talentsis a partner of many Western companies and develops a large number of vacancies, in particular for remote work
- DOUspecializes in vacancies for IT professionals
Special conditions for entry into IT
Large IT companies are trying to help their employees' family and friends find employment by opening up the world of information technology to them.
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Sigma Software
Sigma Software University has created a social and educational project. The curriculum includes courses in nine popular areas: PM Fundamentals, Business Intelligence, .NET, JS, Database Fundamentals, Recruiting and HR, Software Testing, and English. The instructors are Sigma Software experts.
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