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Starttech Ventures has launched a global Competition aimed at recruiting talents in tech to work for greek startups. Founded in January 2012, the entrepreneurial ecosystem Starttech Ventures based in Europe and headquartered in Athens, Greece, seeks to ensure there are equal job opportunities for everyone across the globe more so in Africa.
Africa’s unemployment rate is a global problem. A report by the African Development Bank states that, while 10 to 12 million youth enter the workforce in Africa each year, only 3 million formal jobs are created annually.
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Dimitris Tsingos, founder of Starttech Ventures stated that the move follows a survey showing that Greek start-ups find it extremely difficult to recruit the talent they need.
The report shows that Greek start-ups are restricted in their growth due to difficulties finding the right people to fill their vacant positions necessitating the need to launch a global competition to win a job and free legal and administrative support in obtaining an EU visa allowing the selected participants to relocate to Greece.
According to the survey, 30% of businesses anticipate hiring more than five new employees, and 70% of businesses anticipate hiring more than ten. On a scale of one to ten, the difficulty of obtaining qualified applicants is rated as eight or higher by half of the companies. In addition, because there aren’t enough competent applicants, 60% of employers have opted not to fill vacant positions.
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The study also demonstrates the demand for a wide variety of software engineers. Front-end engineers are the hardest to find and also in-demand, followed by full-stack developers. The findings are consistent with earlier research and interviews Starttech Ventures performed with four start-up founders who took the poll. The ability to speak English and having a few years of expertise in the industry are vital requirements for the qualified applicant.
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