InternConnect

Startup Idea: A platform that connects new graduates with companies offering short-term project-based opportunities to gain valuable experience and increase their chances of landing a full-time job.

Pain point: Finding a job as a new graduate with only 6 months of experience is challenging in the current competitive job market.

Categories
Cscareerquestions Job Platform Matching Algorithm Project Management Tool Communication Tool
Idea Generated From
Reddit Post: Seeing all the people saying the market is extremely hard rn , what is your best advice to land a job for a new graduate ?
Potential Monthly Revenue
$35000

Business Plan: Graduate Project Connect

Overview

Graduate Project Connect is a platform that aims to bridge the gap between new graduates looking to gain valuable work experience and companies offering short-term project-based opportunities. Our platform connects these two groups, enabling graduates to showcase their skills, build their resumes, and increase their chances of securing a full-time job.

Target Market

Our target market includes recent graduates from various fields such as business, engineering, IT, marketing, and more. We also aim to partner with companies of all sizes seeking to tap into fresh talent for short-term projects.

Revenue Streams

  1. Membership Fees: Companies will pay a monthly subscription fee to access our platform and post project opportunities.
  2. Placement Fees: When a graduate is hired for a full-time position after completing a project through our platform, we will charge a placement fee to the hiring company.
  3. Premium Services: We will offer premium features such as highlighted listings and advanced search options for an additional fee.

Marketing Strategy

  1. Social Media Marketing: Engage with graduates and companies on platforms like LinkedIn, Instagram, and Twitter.
  2. Partnerships: Collaborate with universities, career centers, and industry organizations to reach a larger audience.
  3. Content Marketing: Create blog posts, guides, and case studies to showcase the benefits of project-based opportunities.

Financial Projections

  • Monthly Membership Fee per Company: $200
  • Placement Fee per Hire: 5% of the annual salary
  • Projected Number of Companies: 50
  • Projected Number of Placements per Month: 10

Monthly Revenue Calculation:

  • Membership Fees: 50 companies x $200 = $10,000
  • Placement Fees: 10 placements x $50,000 (average annual salary) x 5% = $25,000
  • Total Monthly Revenue: $10,000 + $25,000 = $35,000

Conclusion

Graduate Project Connect is poised to provide immense value to both graduates and companies while generating a steady stream of revenue through membership fees, placement fees, and premium services.

Estimated MRR: $35,000