Transcript Private Ventures for the Public Good
Private Ventures for the Public Good
A Campaign to Change Opinions and Improve Opportunities to Benefit Education Entrepreneurs and the Students They Serve
Threats To Education Industry
Gridlocked political process Budget shortfalls Teacher and public employee union agitation Skeptical and negative news media Lack of evidence of private sector effectiveness Heavy-handed, monopolistic practices of public education
Anti-Education Industry Rhetoric, Policies
In Public Policy and Procurement: I3 Grants are open only to public school districts and non-profit organizations TN, LA, NJ and other states explicitly prohibit private sector companies from participating in charter school management.
NY allows only faith-based and non-profit organizations to bid on an after-school tutoring program In the News Media: A NY Times columnist refers to Pearson as “the world’s largest for-profit education business.” The Washington Post emphasizes the involvement of “for-profit” organizations in a local county’s move toward more online learning.
A three-part Minneapolis Star-Tribune expose on SES focuses on “the most successful providers . . . for-profit companies.”
Opportunities for Education Industry
NCLB created market for school/student improvements: Tutoring/Test Prep School Turnaround Assessment Professional Development for teachers/principals Charter school management Drop out prevention/recovery Private sector offers experienced talent, proven record Investor interest in PreK-12 is heightened Public K-12 education performance continues to lag
Education Industry Leadership: The Time is Now
Public education needs help Government(s) cannot fix education Businesses bring critical resources to PreK-12 public education: Innovation Research & Development Capital Scalability Focus on Customers
Public Ventures for the Public Good: Vision
EIA-led, long-term campaign to help create a fairer and more open market for private sector providers of education services and products.
Components Advocacy Communications Research Professional Development
Why EIA?
22-year record as the voice and champion of education entrepreneurs, businesses, and investors.
Effective advocacy and government relations programs at federal, state and local levels; coalition-building; media relations and public communications; research and reporting on preK-12 industry trends and issues.
Partnership building-Johns Hopkins University Coordination with other preK-12 associations
Campaign Goals
Research – Produce and communicate credible, third party research on the efficacy of private sector contributions.
Communicate – Raise awareness and understanding of the positive educational and economic impacts of the private-sector among policymakers, public education officials, the news media, and families. Demonstrate – Document and communicate to key stakeholders the best practices of proprietary providers of education products and services.
Advocate – Foster open and fair markets for business opportunities and promote public-private partnerships.
Campaign: Four Pillars
Research Communications Professional Development Advocacy
Research Pillar
Collect, disseminate education industry facts Economic impact Educational impact Values, best practices of sector organizations, partnerships Expand evidence of effectiveness Stakeholder opinion polling Institute on Education Industry (IEI) – EIA collaboration with Johns Hopkins University School of Education Promotion of member accreditation
Communications Pillar
Create “one-stop shop” of sector information, knowledge Website Social media channels News media materials, spokesperson Promote and celebrate sector success Traditional media relations Utilize member companies as conduits
Professional Development Pillar
Develop graduate-level courses and degrees for education entrepreneurs Collaboration between Institute of Education Industry, Johns Hopkins School of Education, Johns Hopkins Carey School of Business Course content Span traditional and non-traditional education sectors Masters, EdD and executive-style seminars Support annual IEI conference Highlight key industry issues; career development Participants from academia, social entrepreneurship, education industry First conference: Washington, DC, February, 2013
Advocacy Pillar
Outreach and advocacy to government regulators, legislative bodies (federal and state) Ongoing polling of stakeholders Third-party government relations support Focus on federal and state legislation, action: Federal – ESEA reauthorization State – Policy ideas, amendments to ensure fair private sector participation
What Does Success Look Like?
“Agnostic” contracting language Federal, state and local governments Proprietary, tax-paying organizations on equal footing with public school districts, non-profits Positive movement in awareness, knowledge, opinion Qualitative and quantitative opinion poll data Superintendents, Title 1 directors, legislators, regulators
Campaign Governance and Leadership
Strategic Direction EIA Board of Directors Policy and Communications Committee Management, Implementation of Programs EIA staff Partner organizations Fundraising EIF providing support for fundraising from individual donors to serve as catalyst for campaign launch
Private Ventures for the Public Good: How You Can Help
Annual Revenues Annual Fee $0 – $1MM $1MM – $5MM $3,500 $8,500 $5MM – $10MM $13,500 $10MM – $20MM $18,500 Greater than $20MM Three-year commitment $25,000 Requested funding based on 2012 company revenue Payable to EIA or EIF