The Money Conundrum
Mar 17, 2011
Q: What is usually missing between inspiration and action?
A: Money.
Okay, maybe this equation doesn’t hold constant in every situation. However, this is the case in many of the Affordable Private Schools (APS) in Hyderabad. There are many excellent ideas for growth, strengthening education, training teachers and improving infrastructure. However the access to these opportunities are usually available to those who can afford them.
Due to this predicament, I’ve repeatedly asked myself, “How many ways can I raise a rupee?”
From the beginning, my school owner has expressed an interest in grants and extra funding. There was almost an expectation for me to snap my fingers and money would appear. (Somehow in undergrad I never learned that trick.)
Since I was delegated this great task to raise funds for excellent causes like extracurricular activities and teacher training, I wanted to do the best I could to help my school achieve these great goals. However, in many instances some APS school owners invest their rupees in events they value. For example: elaborate cultural shows, decorative statues for the school grounds or numerous additions of various services providers- leading to a lack of focus in improvement for the school.
Enter IDEX.
As strategic business consultants, we are given this great responsibility to improve the business practices of our schools, improve the delivery of education to our students, make our additions sustainable and build up the APS eco-system.
Once I noticed that a lack of access to funds was a commonality amongst all 11 of our IDEX schools I tried to create several platforms to alleviate this issue.
I attempted to created a scholarship fund by reaching out to small to medium sized local businesses for donations, hoping to provide scholarships to 2 students from each school (total of 22 scholarships). I researched grants for the IDEX APSs. I created a New Year email fundraiser, sent to the networks of all the IDEX fellows to raise donations and stimulate awareness about our work. And finally I worked on the SNAPS (Spreading the News of Affordable Private Schools) Traveling Photo Exhibit sponsored by www.EnterprisingSchools.com.
I was able to successfully initiate the combination of two initiatives: the Enterprising Schools SNAPS competition turned event (http://184.73.202.230/events/2011/02/snaps-exhibit-hyd-spreading-news-affordable-private-schools) and the IDEX extracurricular initiative Beyond The Classroom. Through a SNAPS Exhibit launch event in Hyderabad, raffle tickets, silent auction and a donation box, we were able to raise and contribute ~13,000rps or ~$288.00 to the Beyond The Classroom fund.
We created an opportunity, through fundraising, for our schools to have access to and make opportunities available to strengthen the overall quality of education provided to the students.
The IDEX Beyond The Classroom Fund’s mission is to enrich the lives of students in low-income schools by illuminating the importance of extracurricular activities and create business models that make these programs feasible and affordable. The goal of the fund is to subsidize the projects in the beginning stages to raise the value of the programs, and then the funding will be reduced in later years.
It clicked for me; this is what this fellowship is about. Being on the ground in our schools, seeing the direct need and the motivation to achieve those goals. Then ideate and executing a way to create those changes in our schools, sustainably.
I understand that things will not always work out the way I plan them and I have to try to achieve the same thing different ways and perhaps multiple times before I get it right. (And that’s ok!)
*Fun Fact: 11 brains always work better than 1 in trying to address and solve “The Money Conundrum”.
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Maybe,you are not know well about the Barbour Clothing.Here,we would like to introduce you something about the Barbour Quilted.First,i would like to say that all of your family member can enjoy the Barbour Coats.It available including Barbour Jacket Men,Barbour Jacket Women and the Children Barbour .Each of them available in many series.Worth to say,the Barbour Wax,special the Barbour Wax Jackets always as the best-selling among all series,you can have a try.
In detial,Barbour Ladies and the Barbour Mens own many iteams.Let me tell you,one by one. Barbour Footwear ,now,no one can ignore the Barbour Shoes,nice shape with fashion style,no matter women or men would like to have. Barbour Bags ,may be it is the must for many people,fashion style and chic color and fit your clothes well. Barbour Hats,can be a decoration or stop sun,they can be useful.Barbour Trousers,must for you.Winter is coming,have a pair of Barbour Gloves,would be a smart choice. Barbour Knitwear can keep you warm and fit your coat.And so on…You can see more detial at the Barbour Shop,wish you happiness shopping online.
http://www.barbourquilted-jacket.com