STEM for Kids vs ICode Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of STEM for Kids vs ICode including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	STEM for Kids Franchise	ICode Franchise
Investment	$49,500 - $83,650	$293,000 - $347,000
Franchise Fee	$39,500	$35,000
Royalty Fee	7+%	6%
Advertising Fee	2%	2%
Year Founded	2011	2016
Year Franchised	2014	2016
Term Of Agreement	-	-
Term Of Agreement	-	-
Renewal Fee	-	-
Business Experience Requirements
	STEM for Kids Franchise	ICode Franchise
Experience	-Are you genuinely interested in STEM? -Do you understand the role STEM plays in today’s economy and society? -Are you active in your community and hungry to make a positive impact in young minds? -Are you self-directed, self-motivated and able to juggle through multiple priorities? -Do you have a strong desire to learn, grow and have fun in the process?	-
Financing Options
	STEM for Kids Franchise	ICode Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	Yes/-	-/-
Start-up Costs	-/Yes	-/-
Equipment	-/-	-/-
Inventory	-/-	-/-
Receivables	-/-	-/-
Payroll	-/-	-/-
Training & Support
	STEM for Kids Franchise	ICode Franchise
Training	On-The-Job Training: 4 hours Classroom Training: 28 hours Additional Training: Virtual training	-
Support	Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform	-
Marketing	Ad Templates Social media SEO Website development Email marketing	-
Operations	Number of Employees Required to Run: 1	-
Expansion Plans
	STEM for Kids Franchise	ICode Franchise
US Expansion	Yes	Yes
Canada Expansion	-	-
International Expansion	Yes	-

Company Overviews

About STEM for Kids

STEM for Kids® provides educational enrichment in Robotics, Engineering and Computer Programming for children ages 4 - 14 through camps, afterschool programs, in-school field trips, workshops in schools and outside community spaces.

Our processes, diligently crafted and baked with experiences, are designed to be simple yet effective in helping you set up and run a successful operation.
The secret sauce of our business model,the curricula is born in industry and developed inhouse to maximize real-world connections and educational alignment while providing fun-based learning experiences.

Veteran Incentives  12% off franchise fee

About ICode

Proprietary STEAM-based educational courses for children and engaging courses for families, and other programs that ICode may develop periodically.