1 / 21

Maximizing Market Share through Innovative Financing Strategies for Educational Technology

Explore various funding sources such as public funds, private funds, and grant writing to secure resources for educational technology projects. Learn financing strategies, including partnerships with corporations, grant resources, and fundraising techniques.

maris-garcia
Download Presentation

Maximizing Market Share through Innovative Financing Strategies for Educational Technology

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Market Share Financing Strategies for Educational Technology BeeChoo Ng & Nancy Hunt, Ed.D. School of Education & Human Development California State University, Fresno

  2. Funding Sources • Public Funds • Private Funds

  3. Public Funds • Federal Government Funds • State Government Funds • Local Government Funds Financing Strategies 3

  4. Federal Government Funds • US Department of Education • Chapter I (Educationally Disadvantaged) • Chapter II (Educational Improvement) • Secretary Fund of Innovation in Education (FIE) • Fund for the Improvement and Reform of Schools & Teaching (FIRST) • Dwight Eisenhower Program for Math and Science Education • Star Schools

  5. National Endowment for the Humanities • National Science Foundation • US Department of Labor • Job Training and Partnership Act (JTPA)

  6. State Government Funds ( California ) • CA Department of Education • School Based Educational Technology Grants (SB 1510 ) • School Restructuring Project (SB 1274) • School Development Plan (SB 1882) • School Improvement Program (SIP)

  7. Local Government Funds • Local Technology Bond • Local Sales Tax Levy

  8. Private Funds • Corporations and Foundations • Local Businesses and Community Financing Strategies 8

  9. Corporations and Foundations • Computer Companies • Apple Computer Inc. • Tandy Corp. • IBM Corp. • Commodore Business Machine Inc. • Carnegie Corp. of New York • Computer Learning Foundation

  10. Toshiba America Foundation • Times Mirror Company Foundation • AT & T Foundation • Ford Foundation • Hitachi Foundation • Mattel Foundation • Xerox Foundation • Exxon Education Foundation

  11. Local Businesses and Community • Parent-Teacher Organizations • Grocery receipts redemption program • Fresno Public Education Fund • Classroom Mini-Grants Program • School Checks Coupon Books

  12. Financing Strategies • Grant Writing • School / Community Fundraisers • Education - Business Partnerships • Product Donations • Leasing and Installment Plans • Stretching Your Dollar Financing Strategies 12

  13. Grant Writing • Grant Resources • Federal Register • Directories of private foundations • Online Grant Resources • Tips on Preparing Successful Proposals • The Proposal • Credibility • Budgets • Communicating • Afterwards

  14. School/Community Fundraisers • Student-managed computer services • “Memory “ Service • Video Yearbook Project • School Technology Fair at local mall • Community Technology Fair • Magazine Subscription Program • Jogathan, candy drive, book fair, school auction

  15. Education-Business Partnerships • Partnerships with computer vendors / retailers • Computer Learning Month • School as a demo site • Partnerships with local businesses • Grocery receipts redemption program • Adopt-a-school program • Corporate participation plan • Media Partnerships • School Wish List Program

  16. Product Donations • Gifts In Kind America • Local United Way’s Gift In Kind Program • The Agency Program ( TAP ) • Educational Assistance, Limited • National Association for the Exchange of Industrial Product (NAEIR) • California: Detwiler Foundation Computers for School Program

  17. Leasing and Installment Plans • Cash Purchase vs Leasing Programs

  18. Stretching Your Dollar • Money Stretching Tips • Plan Carefully • Budget Annually • Act as a Team • Reallocate funds / create funding

  19. Fundraising Tips • Plan your journey • Be persistent • Do your homework • Be flexible • Be creative • Get your team behind you • Think big • Think small • Paddle your own canoe • If at first you don’t succeed... Financing Strategies 19

  20. Activity • A Creative Financing Plan for a Technology Project • . Decide a technology project to implement. • . Develop an Action Plan of the proposed Project. • . Prepare an Action Plan of your financing strategy. • . Design a poster to advertise your fund-raising event. Financing Strategies 20

  21. Group Presentations of Financing Plans ABC Technology Project Financing Strategies 21

More Related