Venkat, of Deccanet fame, has put an initiative in place to find a solution to lack of rural education – Billionways. It focuses on finding an entrepreneurial solution to the problem of illiteracy, and seeks to jumpstart the same through a non-profit fund. There is emphasis on sustainability, where after a while, each of these units become profitable for the local entrepreneur.
I wonder what is the funding per seat capacity, and whether it is low enough to make this truly large scale. Having said that, I can see people around me who are keen to contribute to such an initiative if they are confident that it will create a sustainable solution.
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Check out http://www.ekalindia.org. It takes only 15000 Rs per year to provide basic education to about 30 children.
This program has been very successful in bringing basic (very basic) education to a lot of children. Instead of starting another new initiative and re-inventing the wheel, just support organizations like Ekal Vidyalaya. They already have a large network and lot of infrastructure in place and are better suited at scaling. They also have a large number of volunteers who have dedicated their lives for this.
Where do I get more info Sanjay?
I want to pass the info to somebody else who want to start similar venture. My e-mail id is prady AT ieee.org
I am into the same business in rural and backeard regions of india, and am running into profits,I eish to stay and work in rural areas only. I have ideas where you can start your business in rural areas with as low capital of Rs. 50,000/- only upto 1 crore investments. and guranteed investment returns in just 2 -3 yrs.in some cases in just 1 yr. and you are gain involove in nobel profession of educating.
Hi, There is an NGO called Schools4India which is essentially a startup with a unique BOT model for rural education.
This is their website: http://www.schoolsforindia.org
A very interesting concept where it is more likely making people a set of VCs
I am definitely available as a supporting volunteer or advisor for any such social entrepreneurship.
Thanks
Pradyot
http://venturewoods.com/?author=99