Sahara Technical and Vocational Institute

(STVI)

Fernanda Ferrufino

Saahid Jami

Christine Rathbone

Elsi Romero

Wais Shoja

Gabriela Silva

40%500,000

6%1 in 5

Venture Management

• Experienced Business Entreprenuers• Finance, Education, Foreign Relations• Private & Public Education Markets• Scalable, Mobile & Adaptable• Low Risk, High Return

Corporate Mission

Sahara Technical and Vocational Institute

(STVI)

is a premier outsource provider of vocational training and education for private and public entities that prepares students for an evolving workplace in a global labor market and helps them individually realize innate talents and a better quality of life.

Problems

• Underfunded TVET• Extensive Bureaucractic Oversight• Jua Kali• Curriculum ≠ labor market demands• Low Retention Rate Instructors• Regional Inaccessibility

Venture Concept (Solutions)

• Accessible: Community based• Competitive Instructor Compensation• Quality: Certification & Diplomas• Independent Supply & Administration• Partner w/Government Infrastructure Projects

Market Opportunities – Regional & Kenya

• $2.6 TRILLION - GDP Africa in 2020•1.1 BILLION - # working in 2040• $2.2 B in 2010 for Education in Kenya•5-7% Growth of Kenyan Construction Industry•Joint World Bank/UNESCO/Kenya Ministry of Education

targeting TVET improvement by 2010

Market Strategy

• Mobile units distributed to densely populated suburban areas.

• Partnerships: Govt (Ministry of Education, Higher Education Loan Board HELB, local school boards, local companies/businesses

• Unlimited market potential (500,000 people are added to the labor force each year)

Competitive Advantage

• No Market Entry Barriers, Limited Competition• Minimal Risk w/Easy Exit Strategies• Affordability – Student Loans, Mid point • Location Based Increases Access to Market• Updated Technology, Materials & Equipment• Independent Management & Supply• Certified Instructors w/ Compensation• Certifications & Standards• Teacher Ratios 1:30

Funding Requirements

• Needed – $4 Million

• Funding Utilization:• Start Up Operations: $550K • Equipment & Mobile Units: $2 Million • Training Development: $1Million• Reserves: 450k

• Expansion Opportunities - 2014

Financials – 5 year projection

• Revenue

• Net Income

• Gross Margin

• ROI

2011

• (550K)

2012

• 480K

• 142K

• 29%

• 9.5%

2013

• 600K

• 292K

• 49%

• 19.4%

2014

• 600K

• 285K

• 47%

• 19%

2015

• 600K

• 285K

• 47%

• 19%

ROI for 5 year projection: 13.38%

Conclusion

• Entering an untouched market• Opportunity for regional growth• Innovative education system