Team or Company Name:
/odel Canvas
Key Partners
- Public and Private schools
located in the US and other
regions are the key partner.
They can provide the
classrooms, teaching
equipment and teachers.
Additionally, by adding
Children Scientific
Corporation’s STEM
programs in their schedule
can help Children Scientific
Corporation attract more
students.
- All the companies which
can supply the teaching
equipment are Children
Scientific Corporation main
suppliers.
Date:
Key Activities
- Provide a STEM learning
environment for kids (4-14)
is the main activities to
provide the value to the
customer and also the main
revenue streams.
- All the value is distributed
through after-school
classes, outdoor and indoor
activities, STEM-designed
program, a partnership with
the public and private
school, and workshops.
- The revenue from
providing a program for the
customer is the main
revenue stream of the
company.
Key Resources
- A well-trained for
STEAM education teacher
team and STEM education
programs are the
company’s key resource.
X Primary Canvas
Children Scientific Corporation
Value Proposition
- Enhancing kids’ critical
thinking skills, creativities,
group working skills and
enjoyment for STEM is the
value which Children
Scientific Corporation
bring to its customers
- Children Scientific
Corporation program help
the customers resolve the
following problems: lazy-
thinking kids, harmful
activities after-school,
don’t have to watch their
kids.
- Children Scientific
Corporation program
satisfies the customer needs
of finding fun, educational
activities which can help
their kids smart and
creative.
04/08/2019
Alternative Canvas
Customer Relationships Customer Segments
- Long-term and interaction - The company is creating
are two types of customer value for the kids
relationship the company - Customers’ kids are the
does on each of the company most important
customers. customers.
- Customers expect the
company to create a long-
term close-human
interaction relationship.
- Establishing and
maintaining that
relationship with the
customer is key in the
company’s business model.
Channels
- Company’s main channel
is Business to the customer
(B2C).
- The company can
distribute its value through
after-school classes,
outdoor and indoor
activities, STEM-designed
program, a partnership with
the public and private
school, and workshops.
Cost Structure
- The cost of hiring, training teachers as well as paying for the teachers is
the most important expense.
- Teachers’ salary is the most expensive key resources.
- Providing a STEAM educational environment is the most expensive
Key activity.
Revenue Streams
- The customers are willing to pay for the value of helping their kids to
enhance critical thinking, logical thinking, creativity and enjoyment with
STEAM.
- The customers pay for the program which is the most suitable with their
kids as well as their financial condition.
- The customers prefer to pay separately for each program.
- The revenue from providing a program for the customer is the main
revenue stream of the company.

Competitors Risks Challenges:

- There are many competitors in - Losing teachers to the rivals. - High teacher turnover ratio
providing STEM education - The high requirements in - Struggles in developing a new teaching program.
market. Moreover, a lot of the education. - Low profitability.
competitor they provide different - A higher standard of living - Low budget management.
types of education. The potential - The rapid changes and
rivals have a good quality development in education.
teaching team, reputations, and - Diversification in educations.
large funds.
- Main competitors: IdTech,
Saturday Academy, Tinker Camp,
Stem Camp, and Science
Explorers
Children Scientific Corporation’s business model assessment What I can help
- The business model of children scientific corporation has all the - Analyzing the previous and current data in budget management as well
required components of on business. All the components of the business as work with other teammates to define the unnecessary expenses.
model are well connected. Also, there is some weakness in budget - Forecasting the expected revenue, growth rate and expenses in the next
management which caused the high teacher turnover ration and the five years.
struggles in developing a new teaching program due to lack of funds. - Analyzing the proposed projects.