Duke Allison Kam Matthew Maquiling Melinda McTeigue Hult Prize Regional Competition 2015 Kevin Wang Literacy Numeracy Sensory Motor Social and Emotional Rent low-cost private schools and existing primary school teachers 3 times per week for 2 hours. Feedback Teacher Helper Regional Supervisor Parent Student Finances $20 $12 $8 Market Price Production Cost Gross Profit Year 1 • Trial Run in 4 Centers • Initial Research in India • Open 12 more centers in India • Evaluate and Replicate • Book Development 0 1 2 3 • Establish American Market 6 12 1st Year Expenses: $408486.40 5 YEAR PLAN Small Stories, Big Impact Appendix FINANCES Item Cost in Dollars # Amount Book 1.72 90 154.8 Doll .25 90 22.5 Center rent 65 1 65 Teacher pay 10.75 3 32.35 Helper Pickup 1.22 3 3.66 Helper in School 1.22 3 3.66 Bulk Shipping 600 1 600 Transportation 1 1 1 One time Training 6.67 1 6.67 Regional HQ 1 1 1 Total 890.54 Per book 11.87 1 YEAR PLAN Item Cost in Dollars # Times per year Amount Paperwork 10000 1 1 10000 Travel 3000 6 1 18000 US Office Lease 5000 1 12 60000 Supplies 5000 1 12 60000 Book Development 3000 30 1 90000 Director For India 7000 1 4 28000 Learning Site 890.54 16 10 142486.40 Total Cost 408486.40 5 YEAR PLAN Year New Learning Sites Opened Children Impacted per year 1 16 900 900 2 160 9300 10200 3 1600 93300 103500 4 16000 933300 1036800 5 160000 9333300 10370100 Total 1777776 10370100 Cumulative Children Impacted per year ORGANIZATION • • • • 1 regional HQ for every 50 learning locations 1 supervisor who is a certified ECE teacher Pickup and delivery Center for local sourced materials TEACHER TRAINING . Tiny Tales Teachers Training Targets Certified Teacher Child Development Language Development Positive Discipline and Guidance Family Interaction Program Specific Students MARKETING $20 Vendors Buyers Bookstores Parents Publishers Children Toy stores Schools Our Website Cultural Product Websites TEAM BIO Our names are Allison Kam, Matthew Maquiling, Melinda McTeigue, and Kevin Wang, and we are all sophomores from Duke University. We are a collection of Engineering, Education, English, Philosophy, and Economics majors. We come from across the United States, ranging from California to Oregon, down to Alabama, and back up to New York. Despite the differences in our majors, when we read the Hult Prize challenge, we were all united by the desire it fanned in us - the desire to make a change. Our venture, TinyTales, is a direct result of our diverse experiences and perspectives, and we truly believe it has the potential to change the world. Through this experience we’ve learned a tremendous amount about not only the education system, but also how businesses, in particular startups, function and thrive, and we hope to use this knowledge to make our venture successful by any path. TEAM PICTURE From Left to Right: Kevin Wang, Mindy McTeigue, Allison Kam, Matthew Maquiling BUSINESS SUMMARY TinyTales is a social enterprise dedicated to providing a quality education to young children in urban slums around the world. The biggest issues preventing young children from getting an early childhood education in urban slums are the cost and quality of education. TinyTales solves those issues by offering free 6 hour per week storybook centered learning to young children. The storybook not only acts as a medium to pass down cultural values, but it also helps the children cultivate numeracy and literacy skills as they help complete the storybook. To help develop the children’s motor skills, they will have the chance to create a doll that pairs with the particular story they are immersed in. When the storybooks and dolls are finished, they are sold to families in America as a cultural and collectable product, allowing us to continue to offer a no cost education to families in need.