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2014 PASADENA STARTUP WEEKEND
Alberto Tam Yong
Joel Steres
Jose Soto
Raj Acharya
Wei Liu
1
You worry as a teacher and a parent..
2
0%
5%
10%
15%
20%
25%
30%
Overall Engineering
% Increases in Jobs
2010 - 2020
Only 16% of high
school students are
interested in STEM
Career!!
Will students get
employed graduation?
Students aren’t interested in STEM due to
perception of difficulty and unfamiliarity
- Most students lose interest
in STEM in middle school
- Perception that it is
difficult
- Unfamiliarity
3
•Inspire students in STEM
•Hands-on educational
products
•Easy to use
•Fun
•Affordable
4
Engagr’s Mission
Sample Product For a Middle School Student
5
Engagr
Robot!
Emphasizes Learning
Affordable - $50
Simple to program and
assemble
Inspirational / Fun
Robots that emphasize learning
6
Affordability
EaseofUse
Business Model
• Variable Cost (Material and Labor): $15
• Customer Acquisition: $10
• Revenue per Unit: $50
• Gross Profit Margin: 50%
7
US Market Size
8
Toys and
Games
Educational
Toy
ENGAGR
•$23B
•$5B
•$25M
STEM Education Industry is Growing
and is Gaining Momentum
9
Obama has dedicated
$170 million for STEM
innovation in 2015
Go to Market
10
Schools
• Develop Partnership with
schools
• Tie products with Next
Generation Engineering
Standards
Parents
• Market Niche products
• Online Campaign
• Seek media coverage
Operational Plan
11
Q2 Q3 Q4 Q1 Q2 Q3
2014 2015
Customer
Validation
Raise Capital
Online
Campaign
Product Development
MVP
Launch
Product
Amazon
Store
Source Suppliers
Partner with Schools
Develop Marketing
Material
Q&A
12
References
• http://hbswk.hbs.edu/archive/4035.html
• http://www.huffingtonpost.com/blair-christie/how-
to-increase-the-stem-_2_b_4965591.html
13
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15
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Engagr - Startup Weekend Pasadena 2014

Notes de l'éditeur

  1. Next Slide: Why aren’t students interested in Engineering?
  2. Next Slide: Company Mission:
  3. Next Slide: Sample Product