New Venture TeamKevin ShanahanJeong SeoOlivia HebertSangho HanJeremy Bragg

WELCOME TO TILE• Where education stand today• The problem• The solution • What is it?

A TRADITIONAL EDUCATIONAL SYSTEM

• Where we are today.

• Time to wake up!!

• Why Now????

"We must invest in early education, raise academic standards, make college affordable, and do more to recruit and retain top-notch educators," - Education Secretary Arne Duncan

REDUCE, REUSE, RECYCLE

• How they do it.• How we do it

Waste Composition

REPLACE, REFINE, REVOLUTIONIZE

TILE INCORPORATED

TARGET MARKET

• Elementary School Aged Students

• Elementary Statistics• US: 67,140 (2009-2010 Census)* • TX: 4,001 (2010-2011 Census)* • Dallas ISD: 149 (2012-2013 Census)*

*Dallasisd,org, nces.ed.gov, texas_education.org

TARGET MARKET• Market Challenges: creating the need for the

product and changing the desire to learn this way.

• Market Segment: Demographic • Company’s potential: high – new technology is

developing therefore education and the style of learning needs to change with it.

COMPETITIVE ADVANTAGE• DIRECT COMPETITION

• Traditional Educational System

• THE TILE FILE

• STRATEGIC PARTNERSHIPS• Department of Education• E-Learning Developers (ie Fingerprint & Hopscotch)• Tutoring Centers (ie Sylvan & Huntington Learning Centers)• Microsoft/Samsung• (Tech Manufacture)

BUSINESS AND REVENUE MODEL

MARKETING PLAN• Direct Sales Representative

• Excellent Customer Service • Trade Shows and Educational Expos

• Ed Show in Dallas in March• Lottery Program (Trial run)• Promotional Video/Commercial

FINANCIAL PROJECTIONS

Assumptions• Price $9500/unit (based on comparable hardware and projected software costs) in

Years 1 and 2 then $10,450 years 3 and 4• COGS $7500 unit based on similar hardware and allocated salaries of

software/hardware engineers • Operational Expenses estimate the costs of hardware maintenance and software

support for 30 units in year 1, 100 units in year 2, 150 units in year 3 and 300 units in year 4 *(PAYG model for IT support)

FUNDING

Key Facts• Salaries based on industry averages for hardware designer, software

engineer and Web Master• $405,000 projects the cost to produce a prototype, not any units for sale• High first year accounting and legal costs consider applying for public school

accreditation • Future funding contingent on units (contractual model)

Salaries $200,000Accounting and Legal $50,000Research and Development $100,000Rent $25,000Marketing $30,000Total: $405,000

TIMELINE

SUMMARY

TILE

THE FLOOR IS NOW OPEN FOR QUESTIONS