Dave Clark
Victoria, BC (CAN)
Role(s):
Founder/Owner/Principal
QED
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Startup
Location:
Victoria
Industry:
Education
Year Founded:
2009
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
QED Education LLC, located in Victoria BC, offers a new and innovative way to learn. We offer web-based training to over 250,000 students, and no other company in the world offers our proprietary and advanced teaching methods. Traditional education involves a significant investment in time, expenses and wages. However many courses lend themselves well to online training, and this is where QED fits in.
We are seeking investment capital to help with our first 6 months start up. Our sales projections, although modest, yeild excellent profit. We propose having 3 students buy a course for every 1000 we target; that's just a 0.3% market capture. Based on this we will achieve over $573,000 profit in our first year, and a 30% growth for the next 2 years. Industry surveys supports our estimates.