Vocational education has become a new trend in the field of Venture Capital and Private Equity in recent years. The successive IPOs of Zhong Gong Education, one of the largest civil servant qualification examination training institution in mainland China, and New Oriental, a well-known vocational training institution have monopolized the vocational education industry in China. Vocational education has always been carried out in the B2C mode in the form of technical schools and vocational education institutions, which obstructed the mobility of the industry. Besides, the quality of courses continued to decline due to the monopolization. Therefore, the C2C mode of vocational education may become a turning point for affordable but high-quality vocational education in the future. It may pro...[ Read more ]

Vocational education has become a new trend in the field of Venture Capital and Private Equity in recent years. The successive IPOs of Zhong Gong Education, one of the largest civil servant qualification examination training institution in mainland China, and New Oriental, a well-known vocational training institution have monopolized the vocational education industry in China. Vocational education has always been carried out in the B2C mode in the form of technical schools and vocational education institutions, which obstructed the mobility of the industry. Besides, the quality of courses continued to decline due to the monopolization. Therefore, the C2C mode of vocational education may become a turning point for affordable but high-quality vocational education in the future. It may provide new employment opportunities for the bottom of the society and those who have not received certificates to higher education, and the ultimate goal is to increase the overall employment rate of the society. After a period of observation and understanding of the bottom of society, VocBetter decided to change into a social enterprise instead of a commercial organization. It aims to strive for greater opportunities for the bottom of society and women who are exploited by society and work through affordable and versatile vocational education.