The number of young entrepreneurs in Brazil increased by 23% in the last decade, according to a survey by Sebrae, based on the Continuous National Household Sample Survey (PNADc) from IBGE. The study analyzed the period between the last quarter of 2013 and the last three months of 2023, that reveals the growth of young people's participation in the creation and management of businesses. At the end of 2023, young people aged 18 to 29 represented 16,5% of the approximately 30 million entrepreneurs in the country
In light of this scenario, junior companies have stood out as important promoters of entrepreneurship among university students. Led by students, these nonprofit organizations provide hands-on experience and help develop small businesses across the country
SecondElias Gabriel, Executive President of Brasil Júnior(Brazilian Confederation of Junior Enterprises), junior companies create a unique opportunity for students to apply their theoretical knowledge in real projects, while providing quality services at affordable prices.
Next, he explains how this model benefits both students and small businesses.
What is a junior company and what is its role
A junior company is a non-profit organization, formed and managed by university students. The goal is to provide practical experience in their fields of study, in addition to providing consulting services and project development for companies and society in general
How junior companies are regulated in Brazil
In Brazil, junior companies are regulated by Law No. 13.267, known as the Junior Company Law, sanctioned in 2016. This legislation formalizes the participation of universities and ensures the necessary support for the operation of the EJs
How junior companies work in practiceThese companies are organized into three levels: cores (regional), federations (state) and confederations (national). Each level supports and guides the junior companies linked to it, ensuring the quality of the services provided and the continuous training of the members
How a student can participate in a junior company
The student needs to be enrolled in a university registered in the junior enterprise movement, which is coordinated by Brasil Júnior. This ensures academic and practical support for him to work on real projects
How does this experience impact students' careers
Participating in a junior company allows students to apply what they learn at university directly in the market. They develop management skills, teamwork and leadership, that are highly valued by the job market
Why small businesses should hire a junior company
Junior companies offer high-quality services at reduced prices, since the focus is on the students' learning. With the support of teachers and access to university laboratories, these projects maintain a high standard
Who can hire the services of a junior company
Anyone, a company or entity can hire a junior company. Small and medium entrepreneurs often find an excellent cost-benefit ratio in these services, with innovative and efficient projects
What are the main benefits for those who hire?
Junior companies offer quality services at a reduced cost, since they do not aim for profit. Furthermore, bring innovation, with updated and efficient solutions, and contribute to the training of future professionals. Many projects also have social impact, helping to solve community challenges
