Angel Bank

Fast roll-out of on-line learning community

The business involves one of the world’s leading industries - education. It is global and is based on two proven business models: Virtual Worlds and Online Tuition

Vision: To create and develop the most recognised and respected education brand in the world. To create a virtual community that is safe, secure and simple

Objectives:
Development of a global subscription base for a virtual education and learning community
Development of a global sales and support program for online courses

Funding required: £250,000

Funding required for: development of virtual education community, working capital, and contracting key staff

This is a start-up, with turnover targets as follows:
Year 1: £914.000
Year 2: £5,474,000
Year 3: £9,645,000

Most sales are generated by monthly subscriptions

Gross profit margin: 63%

The team:
The founder has 17 years global experience in publishing to the education industry. He has extensive internet knowledge and online course production experience. 
The Project Director (designate) has over 15 years experience at the leading edge of on-line development.
The Marketing Manager (designate) has 9 years experience in international marketing and digital marketing.

Full business plan? Yes

Marketing strategies:
Multi-language on-line promotion pages and search engines
Viral marketing campaigns using current social networking sites

Strategic partnerships are or have been negotiated with Microsoft, SUBTv, Dot Mobile, BBC Worldwide and Virtual Schools.

An investor who would be suitable as a Non Executive Director would be a plus - with sound financial expertise, and contacts within the finance community. Effective execution of business plan with an exit in 3 years maximum.

In the past 14 months USD$1 billion has been invested in virtual reality projects. They are in their infancy yet already have a proven business model with North American subscription revenues of $526 million (2006)

This venture has a first-mover advantage, along with  an internationally recognised domain name, a strong management team, a sound business plan and internationally recognised partners and contractors.

Business Profile: P1004

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