STEM For Kids Ranked A Top Franchise In Entrepreneur’s Highly Competitive 40th Annual Franchise 500®
Morrisville, NC 2/4/19 –
STEM For Kids recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks STEM For Kids as #415 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor in chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. STEM For Kids’ position on the ranking is a testament to its strength as a franchise opportunity.
STEM For Kids programs have been offered since 2011 and the first franchise was awarded in 2015. In the 3+ years since then, the brand has earned the reputation of trailblazers in the education enrichment and services for school age children offering numerous “firsts” for young children; from aerospace engineering to bio-medicine, automation, computer coding, business and Internet of Things. With a portfolio of 40+ kid-friendly curriculum, STEM For Kids has the most comprehensive lineup of STEM programs for children. Today STEM For Kids is in 12 states in the US and in 4 countries.
“We have no interest in just building another children’s services business”, says the founder of STEM For Kids, Moni Singh. “We are building a business platform to make learning fun and real for young children, a platform that generates sparkles in children’s eyes as they engage with real world STEM in playful ways, a platform that inspires entrepreneurs to make a positive impact for children in their communities.”
To view STEM For Kids in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur, available on newsstands January 15th.
STEM For Kids® provides a comprehensive curriculum comprising of engineering, biomedicine, computer programming / coding, robotics, automation and business programs for school-age children through summer camps, trackout camps, afterschool programs, weekend classes and classes in and outside schools.
National and international franchise opportunities for this innovative children’s services and educational enrichment system are available. The STEM For Kids brand is generating significant national and international interest and has made into various “Best of ” lists including Entrepreneur Magazine’s Top New Franchises, Best Trends, Franchise 500, The Vangaurd List, Startup Magazine’s Companies Ready to Make you the Boss, Franchise Gator’s Franchise 100 and Americas Best Franchise lists.
Schools, Principals, Superintendents, STEM Coordinators, Teachers and After-School Coordinators can bring the innovative programs to their schools as camps, in-school field trips, classes and after-school / before-school programs. Request on-site programs or curriculum training / professional development at https://www.stemforkids.net/inschools.