Wednesday, December 29, 2010

Startups abroad VIII


http://www.gradefund.com



GradeFund ushers in a new opportunity for students of life.

Our Mission

GradeFund strives to be the bellwether for academic opportunity and community-based education financing. We aim raise the bar for education opportunity and equality, leaving no excuse for young men and women to not achieve everything they desire.
GradeFund functions to create affordability and accessibility one student at a time. The service also acts as a conduit for securing jobs and internships for life after the classroom.

Our Values

1. Students should be rewarded for academic excellence in every practical way.
2. A great education should be equally available to all of the world's students.
3. Educational resources should be deployed as efficiently as possible.
4. Businesses should be able to amply incubate tomorrow's leaders and talent.

What we do in 100 Words

Students invite their friends and family to sponsor their drive for good grades. Sponsors choose grade levels and sponsorship amounts for each grade (as low as $5). Each semester students upload their transcript. We verify grades, collect money from sponsors, and send it to schools or students depending on sponsor preferences. For individuals or companies that want to create an educational cause, they select the classes and grade levels at the universities they want to sponsor. We send the money to the eligible students who achieve the target performance levels.

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