Rainmaking, a corporate innovation and venture development firm, and parent company of Startupbootcamp, one of the world’s largest accelerators, launches ‘RISE,’ a 20 week virtual accelerator focused on helping corporates empower their departing talent to build their own startups. Rainmaking’s mission for the programme is to enable one million out-of-work people to launch their own startup within the next two years.
HR Technology News: PeopleStrategy And Peanut Butter Partner To Bring Student Loan Assistance Programs To SMB Employers
The International Labour Organization has warned that 430 million enterprises are at risk of “serious disruption” and nearly half of the global workforce are at risk of job losses.
RISE has been developed to enable corporates to offer an alternative path to mass redundancies, by enabling its people to take charge of their future by building it themselves. It will be launched globally, with view to securing partnerships with leading corporates and governments. Rainmaking’s mission for the programme is to enable one million out-of-work people to launch their own startup within the next two years. Corporates participating will be able to actively support their departing talent to help them build their future and in the process create new value for the company through positively impacting their people, their brand and the wider economy.
HR Technology News: PeopleStrategy And Peanut Butter Partner To Bring Student Loan Assistance Programs To SMB Employers
RISE is based upon the proven methodology of Startupbootcamp, which has run 80 cohorts and accelerated 877 startups. These startups have created 4177 jobs and raised over $800m in funding. Startupbootcamp was designed to improve the 10% survival rate of early stage startups, of the startups that have graduated Startupbootcamp – nearly three quarters (74%) are still active or have exited.
HR Technology News: TecHRseries Interview with Michelle Boockoff-Bajdek, CMO at SkillSoft