The number of young entrepreneurs in Brazil increased by 23% in the last decade, according to a survey by Sebrae, based on the IBGE's Continuous National Household Sample Survey (PNADc). The study analyzed the period between the last quarter of 2013 and the last three months of 2023, which reveals the growth of young people's participation in the creation and management of businesses. At the end of 2023, young people between 18 and 29 years old accounted for 16.5% of the approximately 30 million entrepreneurs in the country.
In this context, junior companies have stood out as important promoters of entrepreneurship among university students. Managed by students, these non-profit organizations provide hands-on experience and help develop small businesses across the country.
SecondElias Gabriel, Executive President of Brasil Junior(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 enterprise is a non-profit organization formed and managed by university students. The goal is to provide practical experience in their fields of study, as well as to offer consulting services and project development for companies and society in general.
How are junior companies regulated in Brazil?
In Brazil, junior companies are regulated by Law No. 13,267, known as the Junior Company Law, enacted in 2016. This legislation formalizes the participation of universities and guarantees the necessary support for the operation of EJs.
How do junior companies work in practice?These companies are organized into three levels: cores (regional), federations (state), and confederations (national). Each level supports and guides the affiliated junior companies, ensuring the quality of the services provided and the continuous training of the members.
How can a student participate in a junior company?
The student must be enrolled in a university registered with the junior enterprise movement, which is coordinated by Brasil Júnior. This ensures the 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, which are highly valued by the job market.
Why should small businesses hire a junior company?
Junior companies offer high-quality services at reduced prices, as the focus is on 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, 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, as they do not aim for profit. Furthermore, they bring innovation with updated and efficient solutions, and contribute to the training of future professionals. Many projects also have a social impact, helping to address community challenges.
