Bridge International Academies
Market Need – Affordable, Quality Education
Quality education is a fundamental prerequisite to breaking cycles of poverty. Yet, the state-funded education system in many sub-Sahara African countries is stressed and underperforming. Acute teacher shortages, limited physical infrastructure and ineffective teaching methods are compounded by the lack of accountability and incentives to improve performance. As a result, students perform at the 3rd percentile compared to children from developed countries. Meanwhile, so-called “universal free education” is often not free, as students pay $2 – 5 per month in ad hoc desk, exam, and school maintenance fees.
Investment – Bridge International Academies
Bridge International Academies is expanding access to affordable high-quality primary education for poor families in Kenya and beyond. Bridge has developed a comprehensive “school-in-a-box” model that includes all of the operational tools and systems, curriculum materials, teacher recruitment and training processes to build, open, grow, manage and rapidly replicate affordable, high-quality schools on franchise principles.
At $5 per student per month, a Bridge education is accessible to 90% of families in the Nairobi slums. With a profitable model, Bridge can pursue aggressive expansion, aiming to operate 1,800 schools serving 1 million students by the end of 2015. In addition to providing an effective education option for low-income families, Bridge schools also create jobs and provide income for education workers in local communities.
Early results are encouraging. When SpringHill invested in June 2009, Bridge was opening its second school. By February 2013, Bridge:
- Built and opened 134 schools serving more than 53,000 students
- Hired and trained 2,007 academy staff
- Created a fully scripted, dynamic curriculum on electronic tablets used by teachers
- Achieved student test scores in literacy and math that are far superior to peer schools
- Developed the systems, processes and capital base to enable exponential expansion
- Is opening a new school in Kenya every 3 to 5 days.