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Education-Focused Startup Incubator

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This June 2011 presentation was shared with the All-Ivy group of Central Florida to explore the possibility of an education-focused startup incubator.

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Education-Focused 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
  10. 10. The Central Florida Demand for Ivy + College Admissions Counseling
  11. 11. Private School Students (approximations)

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