Back in 2001, scientific administrators at the American National Science Foundation (NSF) introduced a new acronym: STEM, which stands for Science, Technology, Engineering, and Mathematics. This implementation stemmed (pun not intended) from a rise in related job opportunities across the globe.
But, What’s STEM Exactly?
We’ve all heard of STEM before. It’s a branch of academic studies that encompasses the natural sciences, technology, engineering, and mathematics, making it necessary for economic growth. All of these fields promote innovation, problem solving, and critical thinking among students and workers, which is why STEM jobs are in such high demand.
Should We Be Investing in STEM?
According to the ESA, STEM employees earn 29% more than their non-STEM counterparts, but the importance of STEM extends way beyond wages.
STEM cultivates a culture of creativity and out-of-the- box thinking, helping people to take on problem-solving skills and encourages teamwork, collaboration, and more tech use.
What makes STEMENOVA different from the STEM we know?
STEMENOVA combines the elements of STEM with entrepreneurship and innovation. It’s concerned with taking STEM a step further by taking its academic fields as a basis, and building upon them to introduce a new paradigm to education. It aims to boost the competitiveness, participation, and talent that comes with STEM even further to keep skills relevant for labour market needs.
This concept was developed by Creolabs, who provides professional consultancy services in the field of creative thinking and idea generation, as well as training courses and products to Maltese and international entities.
This also aligns with the European Year of Skills that’s coming up in 2023.
In her 2022 State of the Union address, President Ursula von der Leyen announced that 2023 will be the European Year of Skills. It will thrive to help people discover their strongest skills because having the relevant skills empowers people to successfully navigate labour market changes and engage in society.
STEMENOVA will officially launch in January 2023
Creolabs will be launching STEMENOVA next year locally in Malta. Esplora will be hosting Ecsite in June 2023 which brings together European science and technology centres to inspire people. This will be a great opportunity for Creolabs to scale-up STEMENOVA for the European market.