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Updated RecentlyChildren's Technology Workshop vs Bridge International Academies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Bridge International Academies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $81,000 - $105,000 | N/A |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1997 | - |
| Year Franchised | 2004 | - |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations | Franchise can be run from home. 20% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Children's Technology Workshop
The Children’s Technology Workshop is focused on the development and delivery of hands-on, applied-technology curriculum. We have been designing and testing our programs since 1997. At CTW, we are serious about having fun and take pride in our commitment to developing the finest technology and science-based programs available to children. Our activities are under constant review by our full-time staff of educators, engineers, technologists and enthusiasts. We are confident that you'll agree with our philosophy that computers are more than just a tool for writing and researching. We believe computers and technology can empower all children to explore, invent and be creative using the right applications with the right direction. The Children's Technology Workshop offers a variety of programs, including after school, camp, academic and group workshops. Programs are divided by age and are available in different formats to meet scheduling needs of parents and group facilitators.
About Bridge International Academies
Bridge International Academies was born out of a conversation Jay Kimmelman, Shannon May, and Phil Frei shared in 2007. Passionate advocates for education and issues related to global poverty, our three cofounders wondered why no one was thinking about schools in developing countries the way Starbucks thought about coffee. Why hadn't anyone tried to tackle education for the bottom of the pyramid by building a large-scale chain of low-cost, high-quality schools? Costs could remain low due to scale. Quality would be ensured due to standardization. Monetizing the institution would guarantee sustainability and, importantly, place the parents in control. Our trio decided to be the first to try. Bringing with them Jay's experience founding Edusoft (an education software company in the USA), Shannon's background in education, international development, and sustainable design, and Phil's history of developing award-winning educational toys (some licensed by LEGO!), they developed the Academy-in-a-Box model that continues to guide the company today. In January 2009, the first Bridge International Academy opened in the Mukuru slum in Nairobi, Kenya. Today there are hundreds of academies with more launching every term. Expansion plans are in place on a global level with a mission of reaching 10,000,000 children.