Publications
Publications
- October 2001
- HBS Case Collection
SchoolSuccess.net
By: James E. Austin and Arthur McCaffrey
Abstract
The mission of the nonprofit Jumpstart for Young Children was to address the problem of school readiness of low-income family preschoolers. It had been growing significantly, and to achieve its projected expansion would require major increases in funding. After considerable debate, it decided to create a for-profit subsidiary: a Web-based company disseminating the educational materials used in the Jumpstart program. The effort entailed raising private venture capital and recruiting a new management team. After a year, management was assessing the start-up experience and deliberating on its future strategy.
Keywords
Nonprofit Organizations; Early Childhood Education; Venture Capital; Growth and Development Strategy; Business Startups; Management Teams
Citation
Austin, James E., and Arthur McCaffrey. "SchoolSuccess.net." Harvard Business School Case 302-008, October 2001.