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    <author>ENA</author>
    <category>Global</category>
    <date>2025-05-05 16:56:57</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, May 5 (KNN) &lt;/strong&gt;AVPN, the largest network of social investors in Asia, has announced the selection of 49 organisations to receive funding fr0m the AI Opportunity Fund: Asia Pacific. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This USD 15-million initiative, supported by Google.org and the Asian Development Bank (ADB), aims to address challenges faced by workers in the evolving AI job market.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The selected organisations will receive both financial support and expert guidance as part of the Train the Trainer component of AVPN's three-year program. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;These organisations will leverage their expertise in workforce development to train various worker groups across the Asia Pacific region.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;A recently released landscape report by AVPN, titled  AI for All: Building an AI-Ready Workforce in Asia-Pacific,  highlights significant gaps in AI skill development. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The report found that only 15% of 3,000 survey respondents have participated in AI skilling programs, while 57% remain unaware such resources exist. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The report also noted that young workers are embracing AI for career advancement, with one in five younger workers engaged in AI skill development. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In contrast, mature workers aged 50-65 were 1.6 times more likely to express concerns about AI trustworthiness and language barriers.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The report further revealed that 96% of Asia-Pacific's companies are Micro, Small, and Medium Enterprises (MSMEs), many of which struggle with AI skill development due to limited training accessibility, insufficient digital infrastructure, and financial constraints.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Organisations selected for funding include JAIS (India), which works with rural women solopreneurs; BAOBAB Inc. (Japan), which supports refugees and individuals with disabilities; and TagTeam (Singapore), which trains migrant domestic and construction workers with AI skills for future employment opportunities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Naina Subberwal Batra, CEO, AVPN, emphasised the importance of bridging skills gaps in communities with unmet needs across Asia Pacific. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;She stated that the funded organisations bring expertise and commitment to addressing unique challenges faced by these communities, ensuring inclusive growth and a more equitable future.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Sanjay Gupta, President of Asia-Pacific, Google, affirmed Google's support for the initiative, highlighting AI's potential to transform economies and unlock new opportunities. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Antonio Zaballos, Director of the Digital Sector Office, ADB, emphasised that bridging the digital divide requires strong digital infrastructure, affordable connectivity, and inclusive access to AI-driven opportunities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In response to strong interest in AI skill development, Google.org is providing an additional USD 10 million to AVPN to further expand AI skilling initiatives this year. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This expansion, in collaboration with ASEAN Foundation, will introduce a dedicated track supporting MSMEs in Southeast Asia while continuing efforts to empower workers across Asia-Pacific. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Combined with the initial USD 15 million funding, AVPN's initiative aims to support training for 720,000 workers across Asia Pacific and 100,000 MSMEs across Southeast Asia.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;AVPN is a network comprising over 600 funders and resource providers across 33 markets, focused on increasing the flow and effectiveness of capital in Asia by enabling members to channel resources toward impact. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Google.org, Google's philanthropy arm, supports underserved communities through funding, product donations, and technical expertise.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>41983</id>
    <link>https://knnindia.co.in/news/newsdetails/global/avpn-launches-usd-15-mn-ai-skilling-initiative-for-asia-pacific-workforce</link>
    <pubDate>2025-05-05 16:56:57</pubDate>
    <source>knnindia.co.in</source>
    <title>AVPN Launches USD 15 Mn AI Skilling Initiative For Asia Pacific Workforce</title>
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