Bridge International Academies
Jay Kimmelman, Phil Frei and Shannon May.
To provide a quality education to millions of kids in Africa.
Where they work
A large-scale franchise-like network of low-cost for-profit private primary schools to provide access to affordable high-quality education for poor families across Sub Saharan Africa.
US$3 million for FY11 (Dec-11).
Delivered to date
Over 900 students enrolled in 7 schools, proved that you can deliver high-quality education for US$3.75/month on a profitable basis.
BIA uses an outside educational testing company to administer and score internationally recognized exams to monitor student achievement. Preliminary data indicates that BIA students are already performing 60-100% higher in core reading skills than comparable students.
1 million students being provided a world-class quality education at affordable prices.
Our investment so far
US$700,000 equity investment.