STEM For Kids Ranked a Top New Franchise by Entrepreneur Magazine
Full STEAM Ahead with Top New Children’s Services Franchise
Morrisville / RTP NC 5/1/18 –
STEM For Kids was recently ranked in Entrepreneur magazine’s Top New Franchises list 2nd year in a row. This list recognizes the top 100 companies that have been franchising for five years or less, based on data submitted for Entrepreneur’s Franchise 500® ranking. STEM For Kids, which awarded its first franchisee in 2015, was ranked #52.
“More than 20 percent of the companies that applied for this year’s Franchise 500 ranking are young, having only been franchising for five years or less,” says Jason Feifer, editor in chief of Entrepreneur. “These newcomers are challenging their older and larger competitors with innovative models, marketing methods, and menus.”
“For anyone in the market for a children’s services business in education, STEM For Kids is a worthy consideration. Our portfolio of program offerings is unmatched and franchisees enjoy the benefit of ongoing research and development. With over 900 hours of programming in engineering, biomedicine, computer programming / coding, robotics, automation and entrepreneurship, there’s a lot to stay excited and keep your customers excited”, says Moni Singh, the Creator of STEM For Kids.
In the print issue of Entrepreneur’s April issue, special projects editor, Tracy Stapp Herold, writes:
“For many buying a franchise means being part of an already sizable system that’s been around for decades. But it can also mean getting in on the ground floor for the next big thing and growing your business for decades. “
“It’s the best of both worlds! Our franchisees receive hand holding, support, structure and training along with a healthy helping of entrepreneurial and innovation mindset from our young franchise network”, says Moni. In the last quarter, STEM For Kids entered the Greater Toronto Area – Canada, and in the states of Utah, California, Illinois and South Carolina. Currently in 3 countries and 9 states in the USA, the brand is seeing strong growth propelled by its extensive portfolio of STEM program offerings for children.
Entrepreneur’s 2018 Top New Franchises ranking was determined using the Entrepreneur’s Franchise 500 formula, which is a comprehensive evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. STEM For Kids’ position on the ranking shows that it is already off to a strong start on its franchising journey.
To view STEM For Kids in the full ranking, visit entrepreneur.com/franchises/topnew. Results can also be seen in the April issue of Entrepreneur available now on newsstands.
STEM For Kids® provides the broadest array of engineering, biomedicine, computer programming, robotics, automation and entrepreneurship programs through summer camps, afterschool programs and workshops in and outside schools. Founded by a recognized business leader in STEM, Moni Singh, the Raleigh North Carolina based company has now expanded from its roots in the Triangle to multiple territories across the USA and outside.
The global expansion is continuing at a healthy pace through franchising of the renowned STEM For Kids business system and innovative curricula. The STEM For Kids brand is generating significant national and international interest and has made into various “Best of ” lists including Entrepreneur Magazine’s Best Trends, Franchise 500, The Vangaurd List, Startup Magazine’s Companies Ready to Make you the Boss and Franchise Gator’s Franchise 100 lists.
National and international franchise opportunities are available.Business owners can start with as low as $20,000. Entrepreneurs with a passion to impact their community through education can learn more and apply at the STEM For Kids website, https://www.stemforkids.net/franchiseor call+1 866 991 7053.
For media inquiries contact as follows: