Prepa

Your title/position CEO/Founder
Type of Enterprise registered company
This bar shows in a scale of 0-10 the Factor of an idea and his owner PROPORTIONAL TO ALL OTHER IDEAS AND OWNERS - 10 is the best, 0 is the worst value. The blue bar changes constantly due to the votes, comments, ratings and activities on this and other ideas.
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Impact of your enterprise on sustainable development

At Prepa, we are having both numerical and social impact on the economy and development of Africa by providing quality and affordable education, facilitated by Technology. Our key traction metrics are number of downloads, number of daily sign ups, weekly active users, daily active users, conversion from free users to paying students and user churn rate. We have been able to hit over 10,000 downloads on our mobile applications both on Android, Blackberry and Windows Phone. We currently have minimum of 1,000 students signing up and joining the Prepa platform every week with 6,000 monthly active users. We currently have 5% of our users as paying users with a low churn rate as we recently built some virality into the mobile app, and actively leveraging on the facebook platform to acquire more users. We currently have over 155 positive reviews from our users on the Google play store(4.5/5.0), with testimonials from students who have used Prepa platform for preparation and have passed their various examination with ease.

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Sustainability and future plans

Prepa generates income from its mobile applications through affordable subscriptions from students using it. With $20 per annum, students stay connected and benefits from all features on our platform. Students also have the option to go for a weekly subscription plan priced at $0.79 or a monthly plan priced at $1.99. Prepa also plan to make money by white-labelling its web solution to coaching centres/schools at a monthly fee of $2.49 per installation or $25 per annum on every one installation. We are looking at making a monthly recurring revenue of $15,000-$20,000 in the next 8-12 months with 50,000 students.

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Your profile as an entrepreneur

I am currently the Founder of Spantom Technologies Ltd, incorporated in Nigeria in July, 2015 and have since then been working on a Socio-learning educational platform (Prepa), for secondary school students in Anglophone West African countries, where I created a community for idea and knowledge sharing between students and network of instructors, in preparation for students Pre-University examination. I recently completed a 2 years entrepreneurship training, from Meltwater Entrepreneurial School of Technology, Accra, Ghana. I have been able to apply all the business and entrepreneurship skills learnt so far to my current startup. I have a background in Computer Engineering, with 9 years of programming experience. I am both web and mobile application developer, for which I've built over 15 apps till date. I have much interest in Education and always willing to help others. Prior to this startup (Prepa), I built a desktop educational software for students to practice for their Pre University Examination and was used by schools and thousands of students. I have great experience building scalable educational products from the past products which I've worked on and I bring onboard this skills and experience to cofound Prepa.

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Comments

August 26, 2016 22:31

Hello comrade,
You have a great project no matter which side the competition may take it. I support it by votes and comments because I believe it can transform societies and bring sound solutions to social problems. Just don't give up!

July 27, 2016 09:29

good job. I know you can do more when supported.

June 28, 2016 23:41

This is great project no doubt, i have voted for you and implore you to read mine and show support.Together we can create a better society we all desired.

https://www.entrepreneurship-campus.org/ideas/4/3074/
Thanks.

June 26, 2016 21:25

1. HOW CAN YOU DETERMINE OR CLOSELY APPROXIMATE THE NUMBER OF STUDENTS WITH ACCESS TO SMARTPHONES IN A TARGETED AREA?

2. CAN YOU MAKE YOUR TECHNOLOGY AVAILABLE TO OTHER PARTS OF THE GLOBE THROUGH AGENCY?

June 26, 2016 12:51

I real like your project. Fantastic!!!!

Abdul

June 22, 2016 15:39

I love it that this app seeks to improve the quality of education in Africa. Nice one

Enoc Roméo AZONHOUMON

June 19, 2016 23:16

Very amazing project. It's really important in the world today,as students need more assistance in order to increase their education level. I'm very excited by your project.Don't forget to expand it quickly towards Africa.
Congratulations and good job.

Kubwimana Avelin

June 16, 2016 18:17

It is a good idea for me

eduregard

June 16, 2016 02:01

Very nice application, highly recommended

Bernadette Muyomi

June 15, 2016 19:52

Great work here. Education is a gateway to many opportunities in Africa. There is every reason to invest in this initiative

Laud Bentil

June 15, 2016 00:35

Great education app! I would've loved to have this as a secondary school student.

June 14, 2016 17:30

Great!

June 14, 2016 16:31

Nice project!
will help improve quality of education.
Keep it up.

June 14, 2016 16:25

Nice package. Very useful for students preparing for Jamb.

June 14, 2016 15:29

This is a great project.

It has already impacted thousands of lives, giving students the opportunity to continue in their education. Helping them make a change in their community.

This project needs to be supported to make Africa reach it's peak in education and innovation.

June 14, 2016 15:17

This is a laudable idea..