🟢 350Mt Green Hydrogen Demand. Post-Internship Skill Boost. 50% Startup Funding Drop.

Today's Topics

• 🟢 Green Hydrogen. From Zero to Over 350M Tonnes of Green Hydrogen.
• 🧑‍💼 Skill Competency. Critical Thinking Yields 28-Point Improvement Post-Internship.
• 💵 Venture Funded Startups. Late-Stage Venture Funding Has Halved Since 2021.

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🟢 From Zero to Over 350M Tonnes of Green Hydrogen

Global green hydrogen production is projected to increase steadily, from 0 in 2022 to over 350 million tonnes by 2050. The majority is expected to be used as aviation and marine fuel, with power generation ranking second in production, closely followed by road transport. Iron and steel, and oil refining are expected to generate the least demand. Overall, green hydrogen has the potential to play a vital role in the global transition towards a low-carbon future.

🧑‍💼 Critical Thinking Yields 28-Point Improvement Post-Internship

Supervisors report a remarkable surge in overall skills competency post-internship, particularly in critical thinking which rises from a pre-internship competency of 57% to an impressive 85%. Professionalism receives the highest rating post-internship at 90%. Thus, internships have proven to be a catalyst for skill enhancement, as reflected in supervisors' assessments.

💵 Late-Stage Venture Funding Has Halved Since 2021

In the aftermath of the pandemic, there has been a noticeable downtrend in both late and early-stage venture funding. This decline is projected to cut venture funding in half by 2023 across all startup categories in late-stage funding rounds. The limited funding environment requires entrepreneurs to adapt and strategize effectively to traverse the difficult post-pandemic investment landscape.

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