CodersTrust is a global framework that aims to democratize access to tech-based education and entrepreneurship in emerging markets. It works as a funding platform by connecting students seeking financial aid for education with backers willing to provide that support. Students receive skills training and work opportunities through online workspaces, repaying backers a portion of their earnings. CodersTrust's initial focus will be a pilot program launching in Bangladesh to train students and help them build experience and income through online freelance work.
3. Local job opportunity
Online job opportunity
Spending on online workplaces like Odesk and freelancer.comis on pace tosurpass $1
Billion in 2012.
CodersTrustpitchdeck - Nov 2012CODERSTRUST 3
4. Onlineprofile, skills, experienceand reputation impact the level of hourlywages on
online workspaces.
190 %
Higher wages
36 %
Higher wages
3years on online workspaces.
3years additional education.
CodersTrustpitchdeck - Nov 2012CODERSTRUST 4
5. A backerbrowsesstudentsonCodersTrust.
Selectsstudent(s) tobackwithfinancial study aid.
Studentgetsfurtherskills andsupportthroughthe
CodersTrust
framework.
Thestudentgetsexperienceandearningsfromjobs
onvariousonlineworkplaces.
Withrepaymentsbasedon theirearnings, thestudent
repays tobacker.
CodersTrust
CodersTrustworks as a funding platform for
tech-based education in emergingmarkets.
CodersTrustpitchdeck - Nov 2012CODERSTRUST 5
7. Financial study aid model.
1year study courseat a time.
≈$225 / monthto coverliving expenses and education.
Dutchauction stylewherebackers
can bid- withamountandinterest
rate- on 1yearofstudyaid.
Whenstudentsgetearningsfromonline workspaces,
a≈25%repayment oftheearningsismade.
CodersTrustpitchdeck - Nov 2012CODERSTRUST 7
8. How does CodersTrustmake money?
≈ 5%administrationfeeofstudy aid.≈ 5%administrationfeeofrepayments.
≈ 25%commisionofearningsunder study
course.
CodersTrustpitchdeck - Nov 2012CODERSTRUST 8
9. Local JV setup with main partnerin eachcountry.
Start off in Bangladesh.
JV
CodersTrust
Knowhow,
financing,
fundraising,
education,
certifications.
Partner
Infrastucture,
equipment,
recruiting,
administration,
education.
CodersTrustpitchdeck - Nov 2012CODERSTRUST 9
10. WhyBangladesh?
Hugepotential.
•From 2%- 10% of total hours worked onthe biggest online
workspace in3 years- #3 country in IToutsourcing*,
•56 Munder18,46%use mobiles -young educated
workforce that is eager for economic growth*,
•Per capita gross national income
≈ $700– huge potential financial upside toworking online
compared tolocal opportunities.*
CodersTrustpitchdeck - Nov 2012
* Odesk
CODERSTRUST 10
11. Expectations ofpilot classes/students.
1year study course- 2013.
•Students gradually rampup work hours comparedto
studyhours,
•Whenstudents don’t study,theywork online and get
experience and earnings,
•As students develop skills, onlineprofile and reputation,
theirhourly wage rises.
CodersTrustpitchdeck - Nov 2012
0
2
4
6
8
10
12
0
40
80
120
Q1 Q2 Q3 Q4
$
Hours
Study hours Workhours Hourly wage
CODERSTRUST 11
12. After studycoursecompletion?
Students either fundraisefor anotherstudycourse,
orbecome CodersTrustalumnus.
≈ 15% commision ofearnings
•Alumnus can keep using CodersTrust’s platform and
framework,
•CodersTrust provide infrastucture, equipment,
support,network and various valueadded services
such as healthcare, financial services, insurance and
administration for theirentrepreneurial businesses.
CodersTrustpitchdeck - Nov 2012CODERSTRUST 12
13. Founding team of serialentreprenuers.
15+ yearsexperiencewithin IToursourcing.
Backed by Danida.
HenrikZillmer
Co-founder
LinkedIn
Ferdinand Kjærulff
Co-founder
LinkedIn
Asser Smidt
Co-founder
LinkedIn
CodersTrustpitchdeck - Nov 2012CODERSTRUST 13
Mads Sandal
PR and Marketing
LinkedIn