OpenLearn Venture Pitch Final

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    OpenLearn,OpenLearn,

    JaJa

    By Kereen Tatham-Maye

    ETEC522

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    Teachers connection...OurMission...

    AgendaAgenda

    ICT Challenge for Jamaican

    Teachers...

    OpenLearn Ja Opportunities...

    Learning Community MarketOverview...

    OpenLearn Ja Management Team...

    Business Life Cycle..

    Ownership and License...

    Financial Overview...

    Venture Proposition Reflection...

    Business Model...

    OpenLearn Ja Product...

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    ICT Challenge for JamaicanICT Challenge for Jamaican

    Teachers...Teachers...

    Teachers connection...OurMission...

    InstructionalTechnologyIntegration

    Sharing andcollaboration

    among Teachers

    Deploy e-learningplatform

    Enhanced teacheraccess to

    information

    InstructionalTechnologyCertification

    Simplified researchprocess

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    Teachers connection...OurMission...

    OpenLearn Jas OpportunityOpenLearn Jas OpportunityIndustry Needs: (Increased enrolment,infrastructure and access)

    -Growth in teacher enrolment in OpenLearn, Jacourses...-Ministry of Educations national teacher/laptop policy

    is on the rise...-Increased Internet usage among Jamaican teachers...

    Communication, collaboration and interest:

    -Increased coverage for broadband across the island...-Increased communication through the Internet by JamaicanTeachers-High interest level of teachers for online professionaldevelopment training and certification...

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    OpenLearn Ja Product...OpenLearn Ja Product...

    Teachers connection...OurMission...

    Certifiedfacilitators

    Over 50

    curriculum courses

    Local andinternatio

    nalcertificati

    on

    Empowered

    teachers(easy-to-access tools)

    OnlineProfessionalDevelopmen

    t

    Boostopportunity

    forinnovation

    Promotetechnolog

    yintegratio

    n

    Reducepaper

    work forteachers

    Simplifiedsharing ofresources

    Meetingteachers

    digitalneeds

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    Teachers connection...Our Mission...

    OpenLearnOpenLearn

    Benefits...Benefits... ISTECertification...

    Easy ContentManagement...

    Globalconnection...

    LifelongLearning...

    Unifiedcommunication...

    E-learningplatform...

    Eliminatestravelling

    Up-to-datelearning

    resources...

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    OpenLearn Jas secretOpenLearn Jas secret

    sauce...sauce...

    Teachers connection...OurMission...

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    Teachers connection...OurMission...

    Online Learning Community MarketOverview

    MarketValue$m

    Software, Hardware, and Services Market Size ForSoftware, Hardware, and Services Market Size For

    Education (Education (Source: IDCSource: IDC))

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    Management TeamManagement Team

    Teachers connection...OurMission...

    Andrew Brown (HBSc.)

    Richard Bernard

    Kereen Tatham-Maye (PHd.)

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    Teachers connection...OurMission...

    Partners/Associates...Partners/Associates...

    The Ministry of Education and Culture, Jamaica...

    Caribbean Knowledge Learning Network (CKLN)...

    Jamaica Collaborative Universal Technology Education...

    Bethlehem Moravian College, Jamaica

    International Society for Technology in Education (ISTE)...

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    Ownership and LicenseOwnership and License

    Teachers connection...OurMission...

    Currently:use Moodle

    LMS Open Source

    -No licensefee...

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    Teachers connection...OurMission...

    Business Model...Business Model...Branding

    A brand is not just a promise...Its an expectation A themethat a company rallies behind Jonathan Schwartz (CEO SunMicrosystems)

    Our teachers expect worldclass professional developmenttraining and certification...This is OpenLearn Jas guiding

    light...

    Subscription-pricing-model

    This ensures a constant revenue stream for OpenLearn Ja...

    Advertising

    1.To create awareness, customer interest and desire...2.To maintain/ build OpenLearns brand loyalty among

    Jamaican teachers..

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    Teachers connection...OurMission...

    Sample OpenLearnSample OpenLearn

    Deployment (Basic)Deployment (Basic)

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    Teachers connection...OurMission...

    nanc ananc a OverviewOverview

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    Teachers connection...OurMission...

    Financial OverviewFinancial Overview

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    Teachers connection...OurMission...

    Financial Requirement...Financial Requirement...

    Proforma Budget

    1. Design andDevelopment2. Delivery with new

    proprietary DeliverySystem3. Administration andMaintenance

    Total

    $150,000$80,000

    $20,000

    $200,000

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    FinancialFinancial

    Expectations...Expectations...

    Teachers connection...OurMission...

    Estimated Revenue $220,000

    Estimated Expense $120,000

    Estimated Income $100,000

    Estimated Revenue $180,000

    Estimated Expense $100,000

    Estimated Income $80,000

    Profit and Loss for the first year

    Profit and Loss for the second year

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    Teachers connection...OurMission...

    Learning Community BusinessLearning Community Business

    Life Cycle...Life Cycle...

    OpenLearn Ja

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    Teachers connection...OurMission...

    Exit StrategyExit Strategy

    Formal Written successionplan...

    i i

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    Teachers connection...OurMission...

    Venture PropositionVenture Proposition

    Reflection...Reflection...Strengths:1.There is already a market for our product, aswe have been in business since 2007...2.Our team has shown their capability ofrunning a business so far...3.The business is already profitable

    4.We have first hand knowledge of the problemsin our business...

    Weakness:1. New tax measures on computers andtelecommunication system might impact onInternet use and computer ownership...