Affordable Private Schools for Low and Middle Income Groups

Affordable Private Schools for Low and Middle Income Groups
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Affordable Private Schools for Low and Middle Income Groups
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Education
Formal Education
Business Model Description

Establishing affordable private schools to increase the participation of low and middle income groups in quality education

Expected Impact

This IOA will accomodate the demand for affordable high-quality education services, contributing positively to education outcomes in the country

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
Number of private & public schools, number of students attending private schools
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Reduced Inequalities (SDG 10)
Sector Sources
  • 1) Sustainable Development Report Dashboard 2020, OECD Members, Turkey, https://dashboards.sdgindex.org/?fbclid=IwAR1tzYVKRXvPD2mwfvhf-mLTGGQEjA76y_HlrprWhSzNYZcqrLZMLXzRIcI#/TUR 2)11th Development Plan http://www.sbb.gov.tr/wp-content/uploads/2020/03/On_BirinciPLan_ingilizce_SonBaski.pdf 3)2020 Annual Presidential Program, http://www.sbb.gov.tr/wp-content/uploads/2019/11/2020_Yili_Cumhurbaskanligi_Yillik_Programi.pdf 4) Sustainable Development Goals Evaluation Report from the Directorate of Strategy and Budget
IOA Sources
  • 5) Online Interview with the Education Chamber of the Union of Chambers and Commodity Exchanges of Turkey, 21 May 2020 6) ThoughtCo, "How to start a private school", Robert Kennedy, 02.12.2019, https://www.thoughtco.com/starting-a-private-school-2773563 7) Turkey's Sustainable Development Gaols 2nd VNR 2019 https://sustainabledevelopment.un.org/content/documents/23862Turkey_VNR_110719.pdf 8) SDG Index & Dashboard https://dashboards.sdgindex.org/profiles/tur/indicators 9) Turkey's Sustainable Development Gaols 2nd VNR 2019 https://sustainabledevelopment.un.org/content/documents/23862Turkey_VNR_110719.pdf 10) Education as a Private or a Global Public Good: Competing Conceptual Frameworks and Their Power at the World Bank, Francine Sara Menashy 11) Watkins, K., 2004. Private education and ‘‘Education For All’’—or how not to construct an evidence-based argument: a reply to Tooley. Economic Affairs 24 (4), 8–11 12) Denge Musavirlik, Eğitim Sektörü Yatırım Teşvikleri, https://dengemusavirlik.com/egitim-sektoru-yatirim-tesvikleri.htm 13) Devlet Destekli, Özel Okul 2020 Devlet Teşvikleri/Government Incentives for Private Schooling in 2020, https://www.devletdestekli.com/ozel-okul-2019-devlet-tesvikler-4-610-tl/ 14) Anadolu Ajansı, "MEB eğitim öğretim istatistiklerini açıkladı",07.09.2019, https://www.aa.com.tr/tr/egitim/meb-egitim-ogretim-istatistiklerini-acikladi/1575243 15) World Bank, https://data.worldbank.org/indicator/SE.PRM.ENRL.TC.ZS?locations=TR 16) SDG Tracker, 2020, https://sdg-tracker.org/ 17) Trading Economics, World Bank Turkey Statistics 2017, https://tradingeconomics.com/turkey/indicators-wb-data.html?g=education 18) World Bank, Labor Force Participation 2020, https://data.worldbank.org/indicator/SL.TLF.TOTL.FE.ZS?locations=TR 19) World Bank, Labor Force Participation 2020, https://data.worldbank.org/indicator/SL.TLF.TOTL.FE.ZS?locations=TR