Infinity
An innovative approach to increase the financial literacy skills of migrants
Project Details
Project Name: INFINITY: An innovative approach to increase the financial literacy skills of migrants
Programme: Erasmus+
Priority: KA220-VET – Cooperation partnerships in vocational education and training
Project ID: 2022-1-DE02-KA220-VET-000086853
Duration: 01/10/2022 to 30/09/2024
Website: https://infinity-euproject.eu
Social Media: Facebook
Topics: Inclusion and diversity in all fields of education, training, youth and sport, Adapting vocational education and training to labour market needs, Increasing attractiveness of VET.
Project Description
INFINITY project aims to develop an educational program to train migrants to improve financial, entrepreneurship and soft skills for a successful and stable life of migrants in EE. It also aims to show how important are the skills and the ability to use financial resources to make decisions and increase self-employment. INFINITY seeks to ensure that migrants will become productive members that contribute to society and thus promote the welfare and growth of the area they live in.
Project consortium
Project Coordinator:
EARSO UG (Haftungsbeschränkt) – Germany
Partners
- INNOVATION HIVE – Greece
- STANDO LTD – Cyprus
- The Square Dot team – Belgium
- Gridustry – Greece
- INSTALOFI LEVANTE SL – Spain
- Med.O.R.O. scarlb – Italy
- Studio2B GmbH – Germany
Project Results
WP1 – Project Management
WP2 – INFINITY’s Competences Framework for developing migrants financial literacy skills
WP3 – Innovative/training curricula & material for migrants and piloting activities
WP4 – INFINITY e-learning platform and digital board game
WP5 – INFINITY Toolkit for teachers and educators
Impact
Surveys show low levels of financial integration of migrant populations around the world due to differences in cultural and social attitudes, as well as confidence and training in the financial system, limited knowledge and skills, low levels of economic education, and limited language proficiency. INFINITY will develop migrants’ financial literacy skills and will create a state-of-the-art educational material including elements of entrepreneurship, soft skills, and sustainability in order to increase self-employment and ensure that migrants will become productive members that contribute to society and will promote the welfare and growth of the area they live in.
Our Role
The Square Dot Team, as the project’s ambassador of the European VET community, will lead and organize the implementation of the piloting activities under WP3. The pilot implementation of the project’s training course will “put to the test” the developed material and allow its validation by the project’s target groups and, at the same time, enable a co-creation approach for the finalization of training materials. Furthermore, they will create significant opportunities of raising awareness about the project’s activities and results within the local communities.