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FOEVR
A Dawn Of A New Age In Education
2017 © All Rights
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Kids' Performance in Math and Physics over years
Big
Problem:
The Underlying
Causes:
• Too much learning material in a very short period of time
• No meaningful assessment to test the pupils’ performance for mathematics and natural sciences, i.e.
the assessments are not in co-relation to the current labor-marketplace demand
• The school labs are not equipped well enough to show the pupils the real-world models of the
phenomena and explain well the abstract principles being taught in the schools, especially if these
rules exist in microscopic realm
• The teachers that educate inn these sciences are not well versed in current or future technological
trends
• The overall approach to teaching, especially the above-mentioned sciences, is totally wrong, thus is
not producing the results it should
2017 © All Rights
Reserved
The
Solution?
2017 © All Rights
Reserved
2017 © All Rights
Reserved
2017 © All Rights
Reserved
Fundamen
tal
Online
Education
in
Virtual
With
Interdisciplina
ry Approach
2017 © All Rights
Reserved
What Exactly Does These Mean?
• Fundamental Online Education means that the education is on rules and principles that are being taught in
mathematics, physics, chemistry, and biology, i.e. the fundamental sciences
• These four subjects are called fundamental sciences because they give the foundations (basics) of how the
world (both the particular biospheres and as a whole) works, be it in the microscopic level, our physical world, or
outside universe
• Interdisciplinary (multidisciplinary) approach means that the education is focused on teaching how to solve
complex problems by tackling them from different science angles simultaneously (or at the same time)
• Example, if one is to design a new prosthesis, they would need to employ knowledge from engineering,
physics, chemistry, biology, and medicine at the very least.
• Virtual Reality is a computer generated three-dimensional environment that allow us to interact with it in a
seemingly real or physical way by using special electronic equipment, such as a helmet or goggles with the
screen inside or gloves (controllers) fitted with sensors.
2017 © All Rights
Reserved
Education Industry Spending in middle
and secondary schools in our geography
focus in 2014:
~US$4.37 billion !
Source: The World Bank
160,000,000
kids
100,000,000
kids TAM
2017 © All Rights
Reserved
Overall Market
Potential
• Geographically, it spans
across English-spoken
(The United States,
Canada, Australia,
United Kingdom), Ex-
Yugoslavian and EU
countries
• The total number of
enrolled kids in K-12
schools during the last
two school years is 350
million
• Out of this number,
around 45 per cent (that
is 160 million)
underperform in math
and natural sciences
Our Focus
Market• We assume that
around 100 million of
these 160 million are
between 5th and 12th or
13th grade
• Of these, around 10
per cent (10 million)
come from higher-
income families
• The parents are
members of the
Generation X through
mid-millennials
cohort…
• …too busy earning
money
• …who don’t have time
10,000,000
kids SAM
Business model
▪ Subscription-based
▪ “Blue Ocean” Strategy
▪ Hybrid of top-down and bottom-up strategies
▪ Horizontal integration with hardware and VR
application providers
▪ Samsung for their Gear VR goggles
▪ Local cell phone suppliers for Samsung Note
or Galaxy series to use with Gear VR
B2B2C
▪ Strategic partnerships through
Erasmus+ program
▪ Lead generation through EdTech
events and conferences
▪ Lead generation via radio and
television talks
▪ Lead generation through social media
and marketing channels
▪ Crowdfunding platforms
Go-to
Market
2017 © All Rights
Reserved
Miroslav Konstantinovic,
CEO
• Professor of
Mathematics and
Physics in primary
school
• Watching and learning
about ICT technology
for 30 years
• Learning by myself
about running a
business for a while
now
Manjunath Patil,
CMO/CSO
• Bachelor in
Communication and
Electronics Engineering
• Worked for Oracle
India Pvt Ltd for 3
years as a Marketing
Analyst
• Also, worked in number
of other IT companies
in Sales department
CT
O
• Software Engineer with
knowledge in virtual
reality
• Or 3D app developer
with knowledge and
experience in Unreal
Game Engine
• Or 3D app developer
with knowledge and
experience in Unity
Technologies software2017 © All Rights
Reserved
Milestone
s
Application for Erasmus+ KA2 program –
Strategic Partnerships for school education
15/03/2018
Starting of the Erasmus+ KA2 program –
Strategic Partnerships for school education
01/09 – 31/12/2018
Developing MVP/prototype of the
educational design
15/06/2018
Pilot program – testing of the proposed
education design and entire solution
01/09/2018 – 15/06/2020
Gathering and analyzing results
15/06/2019 – 31/08/2019
15/06/2020 – 31/08/2020
Ask:
€ 250,000
(to meet the 3rd
and 4th
milestone)
• Develop a prototype of the educational design
• Conduct a pilot program where we would introduce the need of
the major changes that we strive for, so that we can find our
solution-market fit.
• Organize education events of our own to bring in the various VR
and education influencers so that we would work out together on
crafting the best strategy to bring out and enforce our own
policies into the industry.
• Hire the various external professionals from the education
industry to help us building the best possible design that will be
beneficial to the students, and who will act as evangelists and
ambassadors on our behalf.
• Lead generation through media, conferences, panel discussions,
education fairs.
• Go successfully through the long sales cycles.
2017 © All Rights
Reserved
F O ( R ) E V ( E ) R

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FOEVR pitchdeck

  • 1. FOEVR A Dawn Of A New Age In Education 2017 © All Rights Reserved
  • 2. 2017 © All Rights Reserved Kids' Performance in Math and Physics over years Big Problem:
  • 3. The Underlying Causes: • Too much learning material in a very short period of time • No meaningful assessment to test the pupils’ performance for mathematics and natural sciences, i.e. the assessments are not in co-relation to the current labor-marketplace demand • The school labs are not equipped well enough to show the pupils the real-world models of the phenomena and explain well the abstract principles being taught in the schools, especially if these rules exist in microscopic realm • The teachers that educate inn these sciences are not well versed in current or future technological trends • The overall approach to teaching, especially the above-mentioned sciences, is totally wrong, thus is not producing the results it should 2017 © All Rights Reserved
  • 4. The Solution? 2017 © All Rights Reserved
  • 5. 2017 © All Rights Reserved
  • 6. 2017 © All Rights Reserved Fundamen tal Online Education in Virtual With Interdisciplina ry Approach
  • 7. 2017 © All Rights Reserved What Exactly Does These Mean? • Fundamental Online Education means that the education is on rules and principles that are being taught in mathematics, physics, chemistry, and biology, i.e. the fundamental sciences • These four subjects are called fundamental sciences because they give the foundations (basics) of how the world (both the particular biospheres and as a whole) works, be it in the microscopic level, our physical world, or outside universe • Interdisciplinary (multidisciplinary) approach means that the education is focused on teaching how to solve complex problems by tackling them from different science angles simultaneously (or at the same time) • Example, if one is to design a new prosthesis, they would need to employ knowledge from engineering, physics, chemistry, biology, and medicine at the very least. • Virtual Reality is a computer generated three-dimensional environment that allow us to interact with it in a seemingly real or physical way by using special electronic equipment, such as a helmet or goggles with the screen inside or gloves (controllers) fitted with sensors.
  • 8. 2017 © All Rights Reserved Education Industry Spending in middle and secondary schools in our geography focus in 2014: ~US$4.37 billion ! Source: The World Bank
  • 9. 160,000,000 kids 100,000,000 kids TAM 2017 © All Rights Reserved Overall Market Potential • Geographically, it spans across English-spoken (The United States, Canada, Australia, United Kingdom), Ex- Yugoslavian and EU countries • The total number of enrolled kids in K-12 schools during the last two school years is 350 million • Out of this number, around 45 per cent (that is 160 million) underperform in math and natural sciences Our Focus Market• We assume that around 100 million of these 160 million are between 5th and 12th or 13th grade • Of these, around 10 per cent (10 million) come from higher- income families • The parents are members of the Generation X through mid-millennials cohort… • …too busy earning money • …who don’t have time 10,000,000 kids SAM
  • 10. Business model ▪ Subscription-based ▪ “Blue Ocean” Strategy ▪ Hybrid of top-down and bottom-up strategies ▪ Horizontal integration with hardware and VR application providers ▪ Samsung for their Gear VR goggles ▪ Local cell phone suppliers for Samsung Note or Galaxy series to use with Gear VR B2B2C ▪ Strategic partnerships through Erasmus+ program ▪ Lead generation through EdTech events and conferences ▪ Lead generation via radio and television talks ▪ Lead generation through social media and marketing channels ▪ Crowdfunding platforms Go-to Market 2017 © All Rights Reserved
  • 11. Miroslav Konstantinovic, CEO • Professor of Mathematics and Physics in primary school • Watching and learning about ICT technology for 30 years • Learning by myself about running a business for a while now Manjunath Patil, CMO/CSO • Bachelor in Communication and Electronics Engineering • Worked for Oracle India Pvt Ltd for 3 years as a Marketing Analyst • Also, worked in number of other IT companies in Sales department CT O • Software Engineer with knowledge in virtual reality • Or 3D app developer with knowledge and experience in Unreal Game Engine • Or 3D app developer with knowledge and experience in Unity Technologies software2017 © All Rights Reserved
  • 12. Milestone s Application for Erasmus+ KA2 program – Strategic Partnerships for school education 15/03/2018 Starting of the Erasmus+ KA2 program – Strategic Partnerships for school education 01/09 – 31/12/2018 Developing MVP/prototype of the educational design 15/06/2018 Pilot program – testing of the proposed education design and entire solution 01/09/2018 – 15/06/2020 Gathering and analyzing results 15/06/2019 – 31/08/2019 15/06/2020 – 31/08/2020
  • 13. Ask: € 250,000 (to meet the 3rd and 4th milestone) • Develop a prototype of the educational design • Conduct a pilot program where we would introduce the need of the major changes that we strive for, so that we can find our solution-market fit. • Organize education events of our own to bring in the various VR and education influencers so that we would work out together on crafting the best strategy to bring out and enforce our own policies into the industry. • Hire the various external professionals from the education industry to help us building the best possible design that will be beneficial to the students, and who will act as evangelists and ambassadors on our behalf. • Lead generation through media, conferences, panel discussions, education fairs. • Go successfully through the long sales cycles.
  • 14. 2017 © All Rights Reserved F O ( R ) E V ( E ) R