BY THESE FEW BOYS:Corporal Teo Zi BinCorporal Victor WongCorporal Yap Yong ShenCorporal Tay Zhuo Wei :D
WHO ARE THE SOCIAL ENTREPRENEUR???Tobey and Richmond. They came up with the social entrepreneurship
HOW THEY MET???Tobey and Richmond met at the Haas School of Business and hatched the idea of creating a venture that combined their backgrounds in education with their shared love of food.
WHAT WAS THEIR PLAN??Tobey and Richmond wanted to devise a concept to deliver nutritious and healthy lunch
HOW THEIR PLANS TURNED INTO WORKThey raised $500,000 in seed money from venture capital firm Investors and partnering with executive chef ,Amy Klein, launched a pilot program at one Oakland school in the spring of 2006
HOW THEIR PLANS TURNED INTO WORKBy years end, they were serving 10 schools. Within two years, Revolution Food went from serving 500 lunches a day to 5,000 in 30 Bay Area SchoolsThey raised two additional rounds of funding totalling $10 million from Catamount Ventures and the Westly Group.
HOW ARE THEY DOING NOW???Currently, with 120 employees and two commercial kitchens, Revolution delivers more than 20,000 lunches to more than 100 schools in the Bay Area and Los Angeles, with plans to expand across the country.Last year, the company earned $4 million in revenue for their fiscal year that ended in June .They are now on track to make $10 million this year