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Projecting Hope Reverie

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Presentation on theme: "Projecting Hope Reverie"— Presentation transcript:

1 Projecting Hope Reverie
Allysa Rockholt Leah Sisemore

2 Our Team Leah Sisemore Allysa Rockholt
• Volunteer for NAMI and Royal Family Kid’s Camp; two trips to Haiti • Marketing & Communications • Algebra tutor, volunteer for Camarillo hospital • Future career in engineering Leah Sisemore- Could be the one who would come up with ways to market Reverie, such as speaking to non-profits and creating ads in magazines. Communicator and speaker of the team. Also has knowledge of third-world countries and their need for education as she has been to the impoverished country of Haiti twice. Allysa Rockholt- good with numbers and tutoring, future engineer

3 The Issue 1.7 million teachers needed
796 million people illiterate= 1/8 world’s population- according to the World Literacy Foundation 67 million children- no access to basic education Need teachers Arab states= 248,000- According to UNESCO North America and Western Europe= 174,000 South and West Asia= 114,000 Sub- Saharan Africa= 993,000 Other Regions= 187,000 - 1.7 million teachers needed in all 1.7 million teachers needed * World Literacy Foundation, UNESCO

4 The Solution- Reverie • lightweight mini projector
• plays for up to 200 people at once- up to 3 hours at a time • rechargeable with solar panel • durable (like a toughbook) • durable (similar to a toughbook) • we can make any room a classroom

5 The Solution- Educational Videos
Free educational tools and videos Highly renowned with 15 million users Micro SIM slot and USB slot make uploading videos simple

6 Target Market Non-profit organizations
-Bill and Melinda Gates Foundation Dedicated to providing a fulfilled life for those in developing countries -American Federation of Teachers Send teachers to developing countries- Reverie would be a great tool 1.5 million non-profits, 189,000 educational according to National Center for Charitable Statistics Bill and Melinda Gates Foundation American Federation of Teachers

7 Competition Ideal for environment Expensive Affordable Not ideal
Our competition does not meet all the needs of being: • Durable • Small and Portable • Solar Powered • Reasonably Priced Not ideal

8 Monetization We are a for-profit company with the motivation of doing good for the world COGS = $150 Price= $300 Gross margin= $150 COGS- $150 Price= $300 Gross Margin= $150 Similar to price of tablet or phone, but… • Reverie can be used by many people • Used without electricity or power • Durable

9 Development Plan First 6 months After 1 year After a few years
Hire engineer Developed prototype, produced Reverie Begin marketing Expanded to an office with a larger team Begin to sell other supplies such as screens and speakers

10 Hire Engineer- $30,000 for 6 months plus $25,000 each a year
Benefits, Taxes, Social Security, Insurance- $9,000 Marketing- $20,000 Marketing- $500 a month budget for marketing online (cost per click facebook/ google) for one year= $6,000 Marketing in magazines such as Production and Materials- $20,000 Why you should invest: • Reverie has the opportunity to affect millions of people positively • There is a strong market for Reverie • There is opportunity to expand the company and have capital return.


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