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Model Preschool in Penang, Malaysia

Model Preschool in Penang, Malaysia

Current Status Concept / Business Plan
Amount Invested 0
Funding Required RM300,000 or less
Description The service is a model preschool incorporating a play-based, wholesome curriculum catering for a multi-racial clientele aged 4 years to 6 years. The learning programme is age-appropriate which has been devised to develop the young minds with a balance of IQ with EQ.
The basis of the curriculum emphasizes play and exploration which is age- and developmentally appropriate for the early learners. Key Development Indicators (KDIs) are used to chart the progress of each child in development areas such as the arts, literacy, mathematics, physical education, health, social studies, science and technology. Children’s initial experiences with these content areas form the foundation for later understanding and success. They develop physically, socially, emotionally, cognitively and linguistically, giving them a holistic, balanced growth.
The program aims to nurture creativity, enabling the children to appreciate diversity, practice sustainability, promoting health and safety while involving parents as partners in the education process.
The objective of setting up of the model preschool is to create a lasting foundational learning concept through play. A play-based and fun learning environment is important to stimulate and nurture both the EQ and IQ of a child which is crucial for his or her well-being. The ultimate aim is to develop the child holistically.
Business Opportunity The preschool is to adopt an ‘out of the box’ approach towards teaching such as incorporating more play and EQ into the curriculum which will differentiate its service in the market. Early childhood education in Malaysia is a hugely growing market with a lot of potential for growth. This is evident from increased birth rate in the country coupled with increased awareness among the parents to start education earlier for their young ones to get a headstart at Primary schooling. The operations team is widely experienced in this field and has operated four centres successfully for almost 20 years in the states of Perak and Penang. The facility will cater to a multi-racial customer base thus increasing its reach and drawing clients from a larger pool. The introduction of the four major languages in the country is an added advantage. The target clientele are middle to upper income level parents who are into a different approach towards early learning. The pupils will be from a multi-racial background with emphasis given to the English language as the medium of learning.
Management Team The business is to be managed by a Steering Committee consisting of Vickys Art Ventures and the investor as the ‘sleeping partner’. Vickys Art Ventures will be actively involved in the running of the day-to-day operations of the preschool. The investor and Vickys Art Ventures will be the persons making all decisions for the business operations after consultation among each other in a meeting.
The business structure will be that of an enterprise for a start and then operate as a private limited company (Sendirian Berhad) based on business and expansion needs.
The operations staff comprises the following:-
Principal – 1 person full-time who also handles clerical work
Kindy teachers – 3 persons full-time
Teacher’s aide – 2 full-time
Daycare carer – 1 full-time
Cleaner – 1 person full-time
Cook – 1 person full-time

The investor(s) is expected to play the following role:-
 Partake in planning for the business
 Attend meetings held at regular intervals
 Input of ideas and resources that the business needs
 Participate in the growth and development of the business

Company Background The owners of Vickys Art Ventures have for 18 years operating four preschools successfully in the states of Perak and Penang mainland. The centres built a good reputation among its clientele and became well-known for its care quality and producing high-achieving pupils. The principal, Ms. Vicky is very passionate about childhood education and welfare while striving to find new and innovative ways to make early learning more fun and interesting to preschoolers. This has culminated into the creation of a preschool learning program known as ‘Total Learning Concept’.
The program was adopted for use by NGOs like CHILD in 2014 encompassing 28 preschools throughout Malaysia under its care, 15 Tamil(SJKT) preschools under a project awarded by SEDIC in 2015 for the state of Kedah and are being used by more than 25 private kindergartens in Penang, Johor, Kelantan and Terengganu for the past 4 years. Ms. Vicky has travelled nationwide training preschool teachers to become more effective in their work from 2012 till 2014.
Funding Milestone The proposed investment of RM300,000.00 by the financing investor(s) which will give them a 70% stake or returns in the form of net profit. As for the active partner being Vickys Art Ventures which will contribute their expertise, knowledge, time and intellectual property which will give it a 30% ownership as well as a 30% profit from the business.