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Yepstr - giving ALL young people a chance to build a career

Reference number
Coordinator YEPSTR AB
Funding from Vinnova SEK 300 000
Project duration April 2019 - June 2019
Status Completed
Venture Innovative Startups

Purpose and goal

The goal was to create a scalable solution where companies can hire extra staff. We have successfully achieved that goal by automating the most important steps so that our company solution now grows on its own. Today, 140 companies have used the app. During the project we unexpectedly got requests from larger companies for larger volume recruitments (i.e. more than 100 candidates), which is not possible to handle in an app. We will therefore begin the development of a desktop-solution this autumn.

Expected results and effects

With a scalable business solution for our app, the expectation was to double our sales within the next few years. Given our current growth rate this should be achieved already within 2020. Yepstr takes close to no margin on the tasks that private customers post in the app. For corporate jobs, the margin is larger, as companies pay about 40-50 SEK/h in administration fees. With an improved company solution in place the growth rate within the company segment has increased, meaning that we will reach our targets sooner than expected.

Planned approach and implementation

Relatively early in the project we discovered that we would not have enough candidates in the platform during the summer period so we immediately needed to prioritize this. This led to somewhat higher labor costs but was later balanced as the speed of the development team was higher than initially expected. The re-prioritization was successful and led to us successfully attracting two larger company customers like Järvaveckan but also a larger real estate company.

External links

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 13 March 2019

Reference number 2019-00502

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