We helped the investment firm Kaamos Group to establish a foundation, Targem Tulevik, which aims to support areas important for the stable development of Estonia.
As a result of cooperation between the two organisations, learning circles for social-emotional skills will open to help teachers develop their social and emotional skills in a more successful and targeted way, and to support themselves in communicating with parents.
Shortage of secondary education graduates
According to Annika Küngas, CEO of the Noored Kooli, about 11,000 students graduate from secondary education each year in Estonia, but during the four years of secondary education, only 80% of them on average complete secondary education. “In order to prevent early drop-out from the education system, it is necessary to address the learning motivation of children and the development of learning and communication skills. Together with Kaamos, we discovered that supporting and training teachers could be the first step.”
The aim of the learning circles for teachers to acquire social-emotional skills is to improve teachers’ competences, which will enable them to better support the development of students and receive support in communication with parents. Kaamos’s annual contribution to the project amounts to EUR 56,000 and cooperation has been agreed for three years, during which up to 200 teachers will be able to complete training.
A contribution to the future
According to Juulika Vahter, a member of the board at Kaamos Group, educated people is the biggest asset of a small country, which is why contributions by companies to education also support the future of the business environment. “While we are on the top of the world according to the PISA tests, concern about education is reflected in the labour shortage in both the public and private sectors. There are many challenges ahead, such as the high average age of teachers, the motivation of young teachers, socio-economic inequality among students, the transition to Estonian-language learning and more,” Vahter said, explaining the decision to make supporting of educational projects a priority for Kaamos in the coming years, and to contribute to the future of Estonian education through, among other things, the Noored Kooli programme.
In addition to the Noored Kooli programme, Kaamos has supported the start-up of the programming study school kood/Jõhvi and has signed a cooperation agreement with TalTech; a scholarship programme for teachers from Saaremaa is also in progress. Since the group also actively operates in Latvia, the company is alsolooking for possible activities in the Latvian educational sphere.
Our services and client team
We advised Kaamos on all legal issues related to the establishment of the foundation.
Our client team was led by partner Piret Jesse, supported by senior associate Verner Silm and associate Lee Laanemäe.