MEDO stands for the Meta Economic Development Organisation and we are involved with Economic Development of all spheres. In short, you can find our goals and missions in our motto: Building the economy one job at a time.
Enterprise, Supplier and Socio Economic Development
Since 2011 we have taken 71 small business trade delegations to London to further international trade with our International Trade programmes. We have assisted 800 micro enterprises grow and create jobs with our various supplier development programmes. Then, we have assisted 1000s of people to find opportunities to create their own jobs with our community focused foundation business workshops using our mobile learning centre, Treppie.
We have an archive of successful entrepreneurs who started their business growth journey with us as well as an arsenal of business relationships between major corporates and entrepreneurs.
If you are interested in Enterprise, Supplier and Socio-Economic development for your business, contact us
MEDO Space and Young Women in STEM:
MEDO has become the first private company in Africa to attain a satellite and launch. We also have goals of sending a satellite up each year until 2020. Currently South Africa has a total of 3 satellites that have ever been sent into orbit, so we are not only pushing the boundaries of firsts, we are effectively pushing the country’s space development culture.
In our endeavour to build the economy one job at a time by working with entrepreneurs ready to engage in international trade, those wanting to supply to corporates and even persons merely looking to start a business, we have realised that we need to engage earlier than the startup phase. In order to truly have an effect on the economy, we need to engage at school level.
So we have launched our newest programme, a Young Women in STEM (Science, Technology, Engineering and Maths) programme a year ago that is focused on developing the technical skills and innovative mindsets of young women between grades 9-11 to encourage them to pursue STEM subjects and careers.
So why do we focus specifically on Young Women in STEM? In 2014 only 9% of school leavers chose to pursue STEM subjects after school. In the 2015 matric examinations. Only 10% of matriculants passed Maths and Science with university exemption, where only 23% of matriculants passed Maths with more than 30%. It is predicted that by 2020 80% of all careers will be STEM related. It is a fact, we are moving into a technological era. Just look at the world around you, more and more our lives become dependent on technology, smart phones and apps. The global economy is moving away from traditional economic impactors such as “the farmer” or “the miner”. We are now looking at innovative solutions, how can we overcome water and food security challenges. NASA is experimenting with growing lettuce and tomatoes in space, and there are even talks of starting to mine the moon and even comets to stop wasting our own precious and dwindling supplies of minerals. The future is definitely exciting.
We are, however, faced with an alarming gap as there are less than 10% young women interested in STEM subjects, which translates directly back into the workforce as only 14% of STEM careers worldwide are held by women, a statistic much less in Africa where only 7% of women are currently working in STEM careers. Although there is a STEM problem across all genders, we need to start somewhere and we need to take a stand to ensure that we as a country and continent aren’t left behind in the global economy.
This is why we have developed a programme to inspire young women into STEM by literally having them reach for the stars. This is why we decided on a satellite programme. We have a huge chasm to cross, so we need a very compelling project, one that is awe inspiring. In the last three years small format satellites have come into their own as a means to collect data of our planet quickly, cheaply and effectively. Our beneficiaries, the young women, will have an active hand in sending up the first private African satellites by designing its payloads, where university graduates will build it. We plan on launching the first of these satellites in the second quarter of 2016.
We run this programme throughout Africa funded primarily through Corporate Social Investment and marketing budgets. MEDO is a fully licensed NGO. If you are interested in the programme or want to know more, contact us