Science Education Company Empiribox Returns to Crowdcube Seeking More Expansion Funds

Empiribox 2

Empiribox, a UK-based educational company, has launched its second equity crowdfunding campaign on Crowdcube to raise 125,000 to continue expansion.

EmpiriboxThe company noted that it not only provides the proper tools to teaching science, but also aims to equip 7-11-year-olds, particularly girls, with an understanding of the scientific method “coupled with excitement about science and enthusiasm to continue STEM (Science, Technology, Engineering, and Maths) subjects throughout their academic career.”

The Empiribox team stated:

“Not only do the children themselves deserve a proper science education, but the economy is dependent on significantly increasing the number of STEM graduates each year (“The State of Engineering” Report 2015 by Engineering UK), and many studies considering this problem recognise this can best be achieved by enthusing and enthralling children at an early age.”

Empiribox’s objectives are the following:

  • Empiribox 3Provide an affordable system for schools that up-skills teachers and substantially reduces their capital expenditure and resource/storage requirements for equipment by sharing it between several schools over a 4-year cycle
  • Reduce the stress, time and anxiety out of planning the annual science curriculum and lessons
  • Engage students in practical science experiments every week that meets and far exceeds the new National Curriculum
  • Make teaching science by non-specialists easy and ‘fun’!
  • Improve the confidence of non-specialists in delivering effective lessons
  • Boost schools’ results in the core science skills they need, leading to improved league table results and greater popularity and funding for participating schools.

Last year, Empiribox debuted its first campaign on Crowdcube and quickly gained 52,000. Besides being successful in crowdfunding, the company’s other achievements include:

  • Empiribox 680%+ renewal rate of schools entering the second year with Empiribox
  • Over 75 schools are now using our service
  • Annual subscriptions of £450,000 have been sold from the commencement of trading until late July 2015
  • Buy-in from major academy chains (ARK, Elliot, AET) and individual schools
  • Subscribers in both the state and independent sectors
  • Smooth running of the operations of the business
  • In addition, the company has been overwhelmed by the feedback from teachers, schools and pupils

Empiribox is currently under £50 per student per year. Noting what the funds will be used for, the company explained:

Empiribox 5“Further development and implementation of sales and marketing resources, including ongoing website enhancement, additional marketing collateral including videos of school activities, and creation and development of the collaborative, interactive website for teachers, pupils and parents that will support the classroom activities of the schools. Purchase enough equipment to deploy quickly to meet demand from new subscribing schools and maximise first mover advantage.”

Since its launch, the campaign has successfully raised nearly £80,000. It is set to close at the beginning of November.

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