MoneyTalks_Pitchdeck_V1
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1. The document proposes creating an interactive social game to teach financial literacy to help low-income students graduate college and break the cycle of poverty. 2. It argues that a lack of financial literacy, especially among women and girls, contributes to many students dropping out of college due to financial struggles. 3. The proposal requests $630,000 in funding from sources like NYU, venture capital, and businesses to partner with the Department of Education to develop and implement the app for 200 students per year.
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1. The document discusses the potential for a financial literacy game called Playdough to expand financial capability and access through its innovativeness and sustainability.
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First, the original intention of the Double Reduction Policy is to reduce the burden of China’s students by decreasing any kind of cram school after regular school time(Fan & Su, 2021). However, the reason why China’s children need to have such a high-pressure education style is because of their uneven distribution of resources (Niu, 2021) . Universities or high schools with better resources only exist in cities with a better economic environment, such as Beijing, Shanghai, etc. Some families in second or even third-tier cities believe that a better education background will help them to get a better future. Therefore, most of the parents will count their remaining years on their children. That’s why the education environment in China or most Eastern countries is so cutthroat. The target of the policy of double reduction is meant to reduce both students’ stress of study and parents’ stress of finance, but this policy cannot really apply to China’s situation. This kind of environment is a vicious cycle; the number of students recruited will always have a limit, but children who take this opportunity as their chance to go from rags to riches will try as hard as they possibly can. This forms an involution social structure; even though the policy had been announced, rich families will still have their way to get their kids into a good school, but kids from middle-class families will likely lose most of their opportunity to get into a better education environment (Zhang & Chen, 2021) . Therefore, our main purpose in making this product(“Ace Tab”) is to help those kids from the middle or lower class to have more opportunities to learn in order to reach their goals.
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Education, The Pending Asset
Education has hardly improved in the
last thousand years, and most
importantly: no educational model
lets people earn money while they
study. On the contrary, they have to
invest in their own education hoping
to earn that money back in the long
term.
There are, as we see it, four main problems in education:
1. People cannot earn money studying, they have to spend more
instead.
2. Students often lack motivation, so they often stop studying.
3. Teachers can’t earn money depending on the value of the students
that they generate, and are not fairly retributed for their efforts.
4. There is a huge gap between employment and education, withmillions of jobs unfilled.
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1. When it comes to STEM subjects, students feel that the passive, stagnant classroom setting is not conducive to learning copious amounts of difficult material.
2. CollaBoard is an interactive whiteboard that aims to reinvigorate STEM pre-college curriculum by promoting collaboration and inspiration through simulations of real-world applications.
3. It seeks funding to produce trial boards and later revenue through sales to equip classrooms with technology enhancing learning outcomes and interest in STEM careers.
Blume Edtech Report 2022.pdf
1) Indian edtech has grown significantly over the past decade, with Blume Ventures investing out of its fourth fund and typical checks between $1-2M.
2) The COVID-19 pandemic accelerated the adoption of online learning and highlighted new opportunities in edtech, while larger players consolidated through acquisitions.
3) As education moves to a hybrid model, the funding boom for edtech is reducing with signs of market saturation and consolidation.
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MoneyTalks_Pitchdeck_V1
- 1. MONOPOLY + MINT.COM Pitch Deck: V1— Zoe Fuller-Young
- 4. THE PROBLEM 1. The economy needs highly educated, skilled workers 2. Most students, especially with disadvantaged backgrounds, drop out of college because of financial struggles 3. The financial literacy gap is particularly pronounced in women and girls, who are increasingly heads of households
- 5. ONE SOLUTION Make financial literacy fun! An interactive, social game that teaches financial literacy Theory of change: with a highly engaging tool that develops financial education, low income youth will graduate high school, graduate college, add to the economy, and break the cycle of poverty.
- 6. YES, ME We know this stuff: I (with two peers outside of class) are MBA/MPA students who are acutely aware of the issues facing low income youth, understand financial literacy, and the value of social games for learning We know some people: we span the business and policy worlds of education and therefore have the network and skills to influence decision makers
- 7. $$$ Needed Component Source Amount Create the app NYU + Venture Capital $30,000 (Partner with NYU ITP) Implement the app Department of Education + $3,000 x (Partner with AMEX) Business 200 students per year Estimated TOTAL $630,000