slides 4 tech competition & funding
DESCRIPTION
DoctoralNet is an EdTech Solution proving itself in Africa and positioned for growth as fast as we have the funds to hire the people to make it happenTRANSCRIPT
• Demand for PhD graduates continues to grow and as it does so does revenue and taxation.
• PhD working in firms bring: new knowledge, working methods, personal networks and ability to solve complex problems.
• Having a stock of PhD graduates helps attract Foreign Direct Investment and drives indigenous Enterprise development/innovation
Forfas report - 2009
Unfortunately. . .
The process that evolved into PhD education has not changed significantly since the middle ages.
This results for much of the world in a 50 % completion rate with a mean of 5 years to graduation.
Keeps on top of interactive technology
Shortens time to graduation
Provides analytics the university does not have
85% completion in 3.5 years
Leadership & Government
Corporate Executives
Science & Innovation
PhDsIncome and Tax Revenue
Leadership Capacity
Industry in Suitable
Candidates
University Status
Losses due to 50%
completion Rate & 5yr mean
Business Opportunity 2014 - 2017
Market SizeGeography # Degree Granting
Institutions# PhD Students
Africa 650 0.3 m
India 573 1 m
China 340 1.25m
US, UK, Aus 720 1m
Ireland 21 8K
Revenue Opportunity
Significant growth market ~ 20% + yr
➔ Subscription €750 per student per year➔ Market size = €2.62 Billion
Growing to Scale# Students/Year
200 / 2014-5
1000 / 2014-6
6800 / 2017-8
4800 / 2016-7
Successes to Date
Geography
Channel
RegionalNeeds
Timeline
Africa Ireland India USA
Desperate need for both leadership and faculty
Desires to: create technological universities & improve candidate pool
Desperate need for both leadership and faculty
30% completion rate for online universities.
Pilot groups likely to start in the spring 2015 in the new tech universities.
Working groups of 10-30 students per university – growing to 100 in the spring
Universities subscriptions starting with pilot tests.
Targeting online universities and the US Veterans Administration
2014-5/ ongoing
2014-5/ ongoing
2016-8/ ongoing
2015-6/ ongoing
Currently working with University of Nairobi, Moi University and the Commission 4 University Education in Kenya
CIT interested in a pilot, proposal in for research as well
Route to Market
The TeamE. Alana James, Ed.DFounder - Managing Director
Margie MilenkiewiczPartner/Customer Service/Marketing
Jeevan SunkariTechnology/Process Development
Maria Sanchez Patino’ PhDManages Professors/Designer
Tom McCarthy, PhD.
Economics and Policy DevelopmentPreviously CEO of IMI/ Dean of Business DCU
Joanne Preston, PhD
In charge of new section on publishing
Bob Zenhausern, PhD
Statistics, Experimental Psychology
Robin Throne PhD
Qualitative ResearchInstructional Technology Expert
Recruiting Irish Professors
Toni Hull, EdD
Teaching Ambassador to US Dept of Education
Colette Solebo MD, PhD
Health Care in Sub Saharan Africa
Julius Williams EdD
Job Satisfaction in teaching atYouth Detention
Juliette Brown DM
Marketing and African American Vocal Artists
Author, International Expert on PhD Graduation. Responsible for sales, having built a successful sales business sold in 1995
Organizes streams of content across multiple types of media to build student pace and motivation. Previously ran voluteer organizations within the CO Dept of Education - USA
MBA in Business Management - Brought his last employment from near bankruptcy to 2nd in its franchise. Experienced in website development and deployment
Professora Emerita, linguist, bilingual author and course designer. Previously Director of faculty for Venezuelan university
The Professors/ Advisors Graduate Advisors
Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017
60 100 200 400 600 1000 1400 2000 2600
€75K
€450K
€300K
€225K
€150K
Total # student
subscriptions
Rates = €750 per student per yearMakes the assumption that every university supports 1000 PhD Students on average and that once their academic committees approve us we can process about 100 new subscriptions a month.
Break EvenPoint
4mAnnual
by Year 5
Funding Required for: • Evaluating new geographic markets• Securing university sales• partnerships and strategic alliances
Quarterly Revenue Forecasts