Viewpoint: Can a Starbucks Model Educate the World’s Poor? Top Tech Funders Think So
Friday, March 20, 2015
Bridge International Academies is intent on disrupting education in Africa and other poor parts of the world. And with big backers like Bill Gates, Mark Zuckerberg, and Pierre Omidyar, the company has lots of momentum right now.
That’s right: Some of the same funders who are intent on turning education upside down in the United States are up to the same thing overseas.
Zuckerberg, of course, is well known for the $100 million he put into a bid to reform Newark schools. He’s also made an even bigger pledge, $120 million, to improve schools in Silicon Valley. But, until recently, we didn’t know that he was thinking about education overseas. While that would make sense, given Facebook’s global reach, it reflects a broadening of Zuck’s education agenda. Zuckerberg investment of $10 million into the for-profit Bridge International Academies also is a departure from an approach that, until now, has stressed outright gifts to nonprofits.
Zuckerberg isn’t the only big tech name getting behind Bridge. Bill Gates and Pierre Omidyar, along with a handful of other partners, have made a collective investment of more than $100 million in the company.
So why is Bridge International Academies pulling big names and big money? A few reasons. The company, established in 2009, has been challenging the assumption that governments are best suited to run mass education programs. And while that challenge runs straight into a buzzsaw in the United States, it’s able to get a better hearing in developing countries where universal education is not yet fully established or defined and resources are scarce.
Bridge wants to eventually help education over 10 million children across the globe by 2025, but for now, its focusing on Africa and Asia. Around 126,000 students are enrolled at more than 400 Bridge International Academies. It’s business model is Internet-based, with most teachers using Nook tablets for lesson plans and to collect test results, at a low cost. Another way to keep those costs down is that Bridge International Academies are standardized—as in it has standardized systems that offer a greater level of ease when it comes to replicability. “It’s like running Starbucks,” said one investor.
Source: Inside Philanthropy (link opens in a new window)
- Education, Technology