An innovative approach to increase the financial literacy skills of migrants
- Topic:Inclusion, promoting equality and non-discrimination Key competences development Creating new, innovative or joint curricula or courses
- Programme : ERASMUS+ KA2
- Sector : VET
- Project ID: 2022-1-DE02-KA220-VET-000086853
- Website: https://infinity-euproject.eu
- Start: 1/11/2022
- Finish: 31/10/2024
- Total Grant: 250,000.00€
Participating Countries: 6
This project has been funded with support from the European Commission.
This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
Financial education studies show that many migrants are not well prepared to make important financial decisions, who have specialized financial needs related to remittances, financial decisions, financial management, etc. Migrants are willing to seek further information to help make financial decisions. Better access to and use of basic financial services seems to be an area where improvement is needed and the levels of financial education they report are influenced by levels of education.INFINITY seeks not only to develop the migrants financial literacy skills but to develop a state of the art educational material including elements of entrepreneurship, soft skills and sustainability in order to increase self-employment and ensure that that migrants become productive members that contribute to society and thus promote the welfare and growth of the area they live in.
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
Innovation Hive will be leading the second work package , INFINITY’s competences framework for developing migrants financial literacy skills and will also be leading the Dissemination activities and the Sustainability plan. In addition, Innovation Hive will actively participate in the development of all work packages.
The expected results regarding migrants are: Thorough understanding of the concepts financially, financial context, content, concepts, and the importance of being financially literate improve financial skills and abilities needed to understand and manage day-to-day financial issues as well as recognize financial opportunities and make financial decisions, make financial plans, proper debt management, use of financial applications and much more. The final goal is to increase self employment
🇩🇪 EARSO UG
🇨🇾 STANDO LTD
🇧🇪 The Square Dot team
🇬🇷 INNOVATION HIVE
🇪🇸 INSTALOFI LEVANTE SL
🇮🇹 Med.O.R.O. scarl