What is it?
Access to Education & Training is a fundamental aspect of an individual’s social, economic stability. It is closely interrelated with a person’s rights and well-being. The “differences in training levels is a significant factor that separates developed and developing countries.”
Education and training are crucial factors boosting health and productivity. Disadvantaged groups and/or marginalized ones have a harder time devoting/accessing education to boost one’s possibilities. Here, companies can bridge the gap by providing highly-skilled training that will help anyone acquire more qualifying skills and knowledge that can be used to ameliorate the living standard.
Time has proven that companies are required not only to market their products and services but also to market themselves to maintain and further develop a competitive edge. By being socially responsible, companies manage to acquire more visibility, reputation with the public and potential investors.
Being civic and socially responsible can be the driving force for local development (LD). LD is a social science theory based on “the identification and use of the resources and endogenous potentialities of a community, neighborhood, city, municipality or equivalent.” Both economic and non-economic factors can influence LD.
Non-economic factors include: “social, cultural, historical, institutional, and geographical aspects.” In other words, encouraging local education & culture, youth activities, and helping locals tackle community problems.