Submitted
2021 TPrize Challenge

Sigmacol

Team Leader
Carlos Perozo
Solution Overview
Solution Name:
Sigmacol
One-line solution summary:
Connecting enterprises needs with people skills to increase the access to employment opportunities.
Pitch your solution.

We create access to employment for people who lack opportunities in the labor market and connect them with companies that need specific skills in supply chain and operations, leveraged in technological tools, by training people in the body of knowledge that will transform the processes of the companies to increase their performance. Our solution can positively impact millions of Spanish-speaking people by developing in them the skills that allow companies to close the gaps between their needs and their current learning curve.

Film your elevator pitch.
What specific problem are you solving?

Unemployment is at a record level on the continent. In Colombia specifically, according to DANE, data from July 2021 shows that the occupancy rate is 51.8%, from which it can be inferred that the informality rate is 48.2%. The unemployment rate is at 14.3% as of July 2021. The population that we want to impact with our solution is represented by the 48.2% of informality, and knowing that not all of them are going to participate in our solution, we therefore believe that our focus is on the 18-49 age range represented by a population of approximately 23.3 million.

Among the factors that contribute to the lack of employment opportunities are restricted access to:
• Technical and higher education, due to its high costs, and without focus on supply chain and operations.
• Knowledge about technology.
• Acquisition of the necessary technology to study.
• High unemployment rate.
• Low paid jobs.
• High dropout at the primary, secondary and higher levels, which generates adults of working age without the necessary preparation to enter jobs that generate value in companies or to undertake with high impact.
• Households with mothers head of the family who cannot study since they need to work to maintain their home.

What is your solution?

Create a technological platform that allows finding the appropriate match between the needs of companies and soft and hard skills of people to fill vacant positions or fulfill the required jobs through the provision of services. Our solution is developed on a database of soft and hard skills needs of companies segmented by industry and business process that connects through an algorithm with a base of people with the skills required by companies. The algorithm can evaluate through artificial intelligence and machine learning, the most appropriate match according to the profile between company and person and alert companies about the person with the highest qualification to perform functions through the existing contract modalities in Colombia, including the provision of services. This approach will help many people to define the studies to be carried out in order to qualify for a vacancy or meet the requirements to provide high-value services in a company from anywhere in the country. This objective is supported by our school of supply chain management, which has developed a body of knowledge for all the functions of the value chain of companies to fulfill the jobs of the future.

Who does your solution serve, and in what ways will the solution impact their lives?

Create a technological platform that allows finding the appropriate match between the needs of companies and soft and hard skills of people to fill vacant positions or fulfill the required jobs through the provision of services.

Our solution is developed on a database of soft and hard skills needs of companies segmented by industry and business process that connects through an algorithm with a base of people with the skills required by companies. The algorithm can evaluate the most appropriate match according to the profile between company and person and alert companies about the person with the highest qualification to perform functions through the existing contract modalities in Colombia, including the provision of services. This approach will help many people to define the studies to be carried out in order to qualify for a vacancy or meet the requirements to provide high-value services in a company from anywhere in the country or the world. The solution will use artificial intelligence and machine learning technology to recognize needs, skills and create the most appropriate perfect match between company and person. This platform will meet its objective supported by our school of supply chain management and operations, which has developed a body of knowledge for all the functions of the value chain of companies, both manufacturing and service provision, and to which we incorporate knowledge in technology and soft skills to fulfill the jobs of the future.

Which dimension of the TPrize Challenge does your solution most closely address?
  • Offer training and flexible curriculum in hard (technical) and soft (social and interpersonal) skills, preparing people for the work of the future
Explain how the problem you are addressing, the solution you have designed, and the population you are serving align with the TPrize Challenge.

We are addressing the TPrize 2021 challenge through the availability of a body of knowledge for the development of skills that will allow people between the ages of 18 and 49 to access good jobs through all contracting modalities in Colombia and the region by applying algorithms to find the correct match between companies and people. We consider a very vulnerable population between 18 and 29 years of age, considered as the young people that the country must prepare to lead the society of the future in Colombia and the world.

In what city, town, or region is your solution team headquartered?
Cajicá, Cundinamarca, Colombia
What is your solution’s stage of development?
  • Growth: An organization with an established product, service, or business model rolled out in one or, ideally, several communities, which is poised for further growth.
Explain why you selected this stage of development for your solution.

We have developed a business model for education that has been operating for 8 years, focused on people who need to certify their technical skills and experience and who are studying programs in English. Since 2019 we have developed our supply chain management school in Spanish, designing programs and certifications that have been completed by people of different levels and companies in 3 countries. Through an alliance, we have incorporated programs in statistical analysis, programming languages and intermediate and advance levels of MS Excel, so people to solve complex problems in companies, with the knowledge acquired in our school.

We need to develop the application that, through an algorithm, will be able to match people and companies to close the gaps in opportunities for good jobs. We believe this development can be done in 3 months by having the resources that TPrize will assign us in this competition.

Who is the Team Lead for your solution?
Carlos Perozo, Sigmacol's Executive Director.
More About Your Solution
About Your Team
Your Business Model & Partnerships
Partnership & Prize Funding Opportunities
Solution Team:
Carlos Perozo
Carlos Perozo
Executive Director
Yvonne Marcano
Yvonne Marcano
Administradora