EDUPRENEURS

Pearson Affordable Learning Fund Ember Melcher & Gregg affordable-learning.com

61 million primary-aged children are out of school $29 Billion Funding Gap from 2013 to 2015

Vision Our vision is to help of millions children in the world access a quality education in a profitable and scalable manner, and to demonstrate to governments and donors that private education can help educate their youngest citizens in a cost-effective way.

PALF is a venture fund investing in startups that deliver financial returns and high quality education PALF invests in companies that: ● Demonstrate sustainable business models that can generate market financial returns over 5-10 years ● Relentlessly focus on efficacy and learner outcomes ● Target lower income consumer markets ● Have scalable, proven models and credible management teams

What is Affordable Education?

Portfolio Example: eAdvance Spark Schools ●Located in Johannesburg, South Africa ●First private African primary school network to implement blended learning model ●Currently 2 Spark Schools with over 350 students ●Plan to reach 64 schools and over 60,000 students

Impact to Date ● Manage a portfolio of 8 investments serving over 125,000 children in Africa, India and the Philippines and expected to reach over 1 million in the next several years ● Investing in schools, education technology, blended learning models and early childhood education centers in India, SE Asia, Africa and Latin America ● Catalyzing the global affordable learning agenda

EDUPRENEURS

About Edupreneurs World’s only incubator that is… Focused on education entrepreneurs in emerging markets focused on low-income learners Run in partnership with Village Capital & Pearson, with experience running 30+ accelerators globally focused on underserved populations Edupreneur Program Progress 2nd Program India & South Africa. Worked with 25 early stage companies through these programs Seed investments made by PALF and Village Capital in top companies Expanding to new markets in 2015 Purpose: (1) build up entrepreneurial ecosystems (2) provide support for early stage entrepreneurs (3) utilize peer review as a diligence and investment vehicle

Journey of an Edupreneur

About Venture Forum (Agenda) The Venture Forum features the 13 Edupreneurs addressing major education challenges in Africa ●5:00-5:20: Partner presentations ●5:30-6:30: Edupreneur Presentations ●6:30-7:30: Edupreneurs Demos (Individual Tables around the room) ●7:30 on: Continued networking, snacks and drinks

Working Together, We Can.... Increase the quality of affordable education and reduce the number of children out of school.

@VillageCapital

EDUPRENEURS

Village Capital Presentation

Omidyar Network Presentation

CEI Presentation

EDUPRENEURS