Exploring  The Potential of  An Education Startup Incubator & (Separate But Related) Funding the Incubator Mark Lee May 2011
Why a Startup Incubator?  <ul><li>Can Provide High ROI within a Short Time Frame </li></ul><ul><li>Requires Less $/Team e....
Why Focus Upon Education?  <ul><li>Market (US & Global) </li></ul><ul><li>Huge Market – what’s the addressable market? </l...
Geographic Competition  Local Startup Incubator(s)  Our Incubator Well-Established Brand-New Local Attractor National Attr...
Vertical Competition for the US$500B Market:  1 Education Startup Incubator (SV) <ul><li>Distinctiveness </li></ul><ul><li...
US-Based Vertical Competition  Might Overlook Global Market Competition What about Int’l Markets STEM to the  US Creativit...
How to Make Money  (Exit Strategy)? Investment Valuation Comments $20K for 5% $400K $20K for 8% $250K $20K for 10% $200
Proposed 10-MonthTimeline (Jun ‘11 –Mar ‘12) Before Incubator Jun July Aug Sep Early Sep: Startup Weekend Incubator Aug Co...
Funding The Education   Startup Incubator  Mark Lee May 2011
The Central Florida Demand for   Ivy + College Admissions Counseling
Private School Students  (approximations)
 
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Education Startup incubator

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Mark Lee - education focused Startup Incubator with a related College Admission Seminar

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  • http://douglascrets.com/2011/03/24/y-combinator-of-education-receives-40-applications-in-first-week/ 40 applications by Mar 24, 2011 (within 1 week of incubator’s March 17 th launch)
  • http://douglascrets.com/2011/03/24/y-combinator-of-education-receives-40-applications-in-first-week/ 40 applications by Mar 24, 2011 (within 1 week of incubator’s March 17 th launch)
  • 1-day (8-5) seminar - Grade 12: Include 2 essay reviews; Subsequent reviews @ 125; Non-participants @ $150 Earlier grades: accrue 1 essay/year of participation Comparison: $8,000/3 days; $14,000/4 days
  • Education Startup incubator

    1. 1. Exploring The Potential of An Education Startup Incubator & (Separate But Related) Funding the Incubator Mark Lee May 2011
    2. 2. Why a Startup Incubator? <ul><li>Can Provide High ROI within a Short Time Frame </li></ul><ul><li>Requires Less $/Team e.g. $20K for 8% (= $250K valuation). Thus need only single-digit million exit for an IRR </li></ul><ul><li>Shorter Timeframe for Development and Market Research - 4 months </li></ul><ul><li>Can Provide Platform for Future Successes </li></ul><ul><li>Provides a Pipeline of Tested Ideas for VC Funding </li></ul><ul><li>Demonstrates Our Ability to Rapidly Create Value, which helps towards raising funding for VC funding </li></ul>
    3. 3. Why Focus Upon Education? <ul><li>Market (US & Global) </li></ul><ul><li>Huge Market – what’s the addressable market? </li></ul><ul><li>Competition </li></ul><ul><li>Only 1 Competitor within Startup Incubator Space. Y-Combinator avoids the Space </li></ul><ul><li>(Caveat) There are other types of competition, e.g. educational foundation, think-tanks. These are potential collaborators … </li></ul>
    4. 4. Geographic Competition Local Startup Incubator(s) Our Incubator Well-Established Brand-New Local Attractor National Attractor Broad Deep (?) External Funding Funding Available
    5. 5. Vertical Competition for the US$500B Market: 1 Education Startup Incubator (SV) <ul><li>Distinctiveness </li></ul><ul><li>Local/Regional/FL Participation </li></ul><ul><li>Open to Corporate Training & Education Opportunities </li></ul><ul><li>East Coast Presence </li></ul><ul><li>Orlando’s simulation/training </li></ul><ul><li>Willing to Lead with Ideas </li></ul>Launched Mar 2011
    6. 6. US-Based Vertical Competition Might Overlook Global Market Competition What about Int’l Markets STEM to the US Creativity to the ROW Gaming the SAT in China (??) K-12 STEM Creativity
    7. 7. How to Make Money (Exit Strategy)? Investment Valuation Comments $20K for 5% $400K $20K for 8% $250K $20K for 10% $200
    8. 8. Proposed 10-MonthTimeline (Jun ‘11 –Mar ‘12) Before Incubator Jun July Aug Sep Early Sep: Startup Weekend Incubator Aug Conduct College Admissions Seminar Sep Open Selection Process to All Nationwide Select Applicants from Startup Weekend Oct Begin Incubation Nov Continue incubation Dec Continue incubation Take Christmas Break Jan Launch @ FETC Conference Feb Present to Investors Mar Evaluate Incubator Results
    9. 9. Funding The Education Startup Incubator Mark Lee May 2011
    10. 10. The Central Florida Demand for Ivy + College Admissions Counseling
    11. 11. Private School Students (approximations)

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