Everonn Education plans to promote people with entrepreneurial skills onto education by launching “Everonn Edupreneur”. Under this project, Everonn will tie-up with business partners to promote online education across all districts in the country.
Edupreneur, education through entrepreneurs, will be a private initiative. Everonn will be able to effectively address the issue of standardised content and course delivery by experts who will ultimately help students overcome the hitherto existing gaps in learning, says P. Kishore, Founder and Managing Director of Everonn Education.
Launching Edupreneur, Mr. Kishore told presspersons that each of these new education centres would be run by an entrepreneur and the content and brand would be provided by Everonn. These centres would provide teaching content from pre-school to B-School. Everonn would employ a combination of tools from the brick and mortar format to technology platforms for delivering content for which V-SAT network would form the backbone.
He said the V-SAT-based education provided an ideal solution to the perennial shortage of teaching staff and would ensure a consistent learning experience through programming from a single location that could be beamed to multiple centres. All edupreneurs would go through an education management programme developed in association with a leading university in South India, to ensure uniformity in implementing the project.
On the business model, he said, to set up a centre, it would cost somewhere between Rs.50 lakh and Rs.1 crore depending on the number of modules and content. Everonn's revenue would be based on the brand and content used by the entrepreneur. Initially, the company would be rolling out these projects in the southern states, which would eventually be pan-India.