Oct. 23, 2012
/PRNewswire/ -- Education Innovation, Inc, a wholly-owned subsidiary of Sibling Group Holdings, Inc. (OTCQB: SIBE) (the "Company"), a developer of 21st century teaching and learning solutions for the education market, announced its strategy for education ventures to expand its portfolio of e-Learning technologies and education management solutions. It is extending an open invitation to those seeking investment, or sale of, existing educational technology, and management services businesses.
Education Venture Firm
The Company venture division will seek out opportunities in education technology in the areas of computer based education, mobile, or m-Learning and e-Learning projects, bringing connectivity to today's modern classrooms, including specific areas of curriculum development, and testing and assessment. Although the company has a preference towards well established, operational education investments, in certain cases we will make seed capital consideration for unique start-ups in the education industries. Especially interesting are later stage education technology, or education management firms seeking exit strategies for their investors. It will also have some interest in online, or virtual education projects, including college level operations that might benefit from additional capital, or an expanded market strategy.
In regards to education management, the Company is specifically seeking investment opportunities in charter school operators, private school management companies, or in the areas of tutoring and consulting, in both the US and internationally. The goal will be to provide access to capital for these potential education management solution firms, while growing the assets under the Sibling Group education venture umbrella. In general, the cash-flow approach of these education management companies is expected to complement the financial model generally associated with technology oriented efforts, such as the app store, and other software business situations under consideration.
Build Value for the Shareholders
Under this education venture program, the company seeks to both build investment assets under its education portfolio, while continuing to develop its current mobile and e-learning solutions under its Schoolhouse Warehouse project, and its Teaching Alliance strategy. The Board of Directors' goal is to build these assets through structures that would benefit both the Company, and its shareholders, generally building a business portfolio with a balanced cash-flow and balance sheet approach.