Michael Nurse
Toronto, ON (CAN)
Role(s):
JibberJabber Media
Find More Startups
Startup
Location:
Toronto
Industry:
Education
Year Founded:
2005
Number Employees:
INVALID
Description:
We are seeking Angel Investors to provide $250,000 in seed financing for our online children's online edu-tainment venture targeting educators and parents of children aged 8 to 12.
*Our conservative financial model projects first year positive cash flow and profitability and EBITDA of $11 MM by year 3.
*We have identified a number of organizations that will be interested and that have the means to acquire us in the future.
*In a very short time, we have assembled the foundation of a very strong, young team with applicable experience and contacts.
*We are currently in the product development phase.
*We have done consumer research that suggests that parents are looking for a solution to the challenges in primary education that our first product will address.
*While there