Young Entrepreneurship and Innovation International
Early Stage
Education in frontier technologies for America's youth
Overview
Raised: $0
Total Commitments ($USD)
Platform
Republic
Start Date
03/07/2020
Close Date
03/31/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$4,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/30/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Young Entrepreneurship and Innovation International, with a valuation cap of $4 million, is raising funds on Republic. The company provides education related to frontier technologies to the youth and encourages innovation and entrepreneurship. The programs of YEII teach through activities, experiences, and family involvement. Young Entrepreneurship and Innovation International was founded by Eric Alvarez and Melissa Flores in October 2019. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used to grow the organization and capture more students and school partnerships. Young Entrepreneurship and Innovation International has 28 patented processes and has served more than 10,000 students. The company is growing at a rate of 30% per year and has the potential to reach over 4 million students.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$43,635 |
$58,040 |
|
COGS |
$0 |
$2,176 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$7,457 |
$2,738 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$5 |
$906 |
|
Accounts Receivable |
$13,119 |
$8,249 |
|
Total Assets |
$16,176 |
$11,230 |
|
Short-Term Debt |
$1,762 |
$4,889 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$1,762 |
$4,889 |
Financials as of: 03/07/2020
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