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Below is an in-depth analysis and side-by-side comparison of Math Squared Education 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 | $18,550 - $39,300 | N/A |
Franchise Fee | $599 | N/A |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | Yes |
In 1999, the founders of Math Squared, Henry Yang and Jean Tsai realized that most children were having difficulties with problem solving in mathematics and therefore started research about all kinds of math learning programs available. But they found a lot of programs were using the rote system and almost none focused on balancing computation, problem solving, critical thinking, logic, puzzle, geometry and other areas in math. In 2000, they gathered a group of professional engineers, psychologists, mathematicians and educators, in Silicon Valley, who have drawn upon their individual areas of expertise and collaborated to design this entirely new system of learning math for Pre-K to 6th grade. Since the company's inception, 15 centers have been established in the US operating with Math Squared's license program. To further their marketing efforts, they have collaborated with Smart Kids Corp for distribution of the licensees. The founder of Smart Kids, Perry Ho believes that math is more than just the computation; children should be able to think out of the box and be equipped to overcome further challenges. Perry has more than 10 years of working experience as a Program/Marketing Manager in AT&T Bell Labs. She has won the highest honor of Bells Labs President Award for outstanding work. She has been trained extensively by Math Squared trainer to become a Math Squared certified instructor. Perry has been a dedicated educator for several years.
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.