#311: Student Entrepreneurs Win Hult Prize With Radical Early Childhood Education Model
October 15, 2015 - Read the full Forbes article and watch the interview here: http://onforb.es/1GbMnG4. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Juan Diego Prudot was successful at a very young age. With the abundant opportunities afforded those of means, he has chosen the path of a social entrepreneur in an effort to improve early childhood education around the world. Prudot sees the problem this way, “Over 100 million children under the age of six are living in underserved communities and do not have access to quality early childhood education. This situation leads to children being unprepared to enter primary school and with a weaker social and emotional foundation, thus making it more challenging for the youth to thrive and become productive members of society.” Prudot led the formation of a team of student entrepreneurs in Taiwan, where he attends business school at National Chengchi University. The team launched IMPCT, which operates Playcares.com, and competed in and won the 2015 Hult Prize competition at the Clinton Global Initiative last month. Prudot explains the business, which provides infrastructure for women in the developing world to provide bona fide educational services rather than mere daycare, saying, “We are building a bridge between people that want and are able to become part of a solution with hardworking communities that only need an opportunity. Playcares.com is not only a financial inclusion mechanism to empower women to run Playcares, but it is also a way to generate awareness of how quality early childhood education will break the poverty cycle.” “By 2020 we aim to allow 10 million children to have access to the type of early education that will change their life trajectory in a positive way. Additionally, by attracting millions of people to participate in Playcares.com we will set the precedent that investing in and empowering people from underserved communities is not only the best way to make an impact but an exceptional investment opportunity,” Prudot asserts. Please consider whether a friend or colleague might benefit from this piece and, if so, share it.