OTTAWA, Sept. 26, 2019 – betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OGA) (the “Company” or “betterU”) is pleased to announce that it has completed its first online course and instructor-led classroom program with McDonald’s India. McDonald’s India has since awarded betterU with additional programs to develop. While these are smaller programs to start with, the Company is focused on building a longer-term relationship and providing more support programs under development.
betterU has created a database of hundreds of corporate accounts within India alone and is working to roll out a manageable schedule of corporate pitches based on their newly developed corporate offering and strategy. After meeting with many corporates on betterU’s last trip to India back in July 2019, it became clearer that in order to support national corporate programs betterU would be required to provide a simplified solution that can support both a larger core offering with variable off the shelf adhoc courses. The Company’s core program needed to:
- provide a base of courses to support a standardized Corporate offering (see below);
- implement a Learning Management System that any corporate could use to track employee progress.
- provide content that was scalable across multiple departments, affordable, relevant and customizable.
betterU also had to look at how to address access to more comprehensive solutions for corporates including such considerations as a talent management and HR system, talent management consultants and coaches, applicant tracking and onboarding systems, employee survey providers, 360s / multi-rate feedback and career development systems.
As betterU’s business model has been developed for ease of growth through sourcing and collaboration, betterU was able to locate and partner with the USA based firm Vado Inc., who met the requirements for all that was needed to support Corporate India.
In August 2019, betterU partnered with Vado Inc. and has been developing promotional materials to support the offering of over 295 corporate core courses through betterU which support for instance career development, coaching and work relationships. Combined with all other courses available through betterU such as AI, Machine Learning, Big Data, Finance and much more, the Company now has a more robust solution for corporates and will begin further efforts with corporate India in the upcoming weeks.
“Many Corporates that betterU has met with have described their current challenges to include having to work with multiple educators, each providing only part of the learning solutions, while trying to integrate technologies and delivery that are not aligned for simple employee management. betterU is now able to offer a one-stop-shop-solution to solve the needs of a Corporate across all aspects of their challenges. We have the right partners with quality content across multiple subjects, affordability, relevance and integrated supporting systems. We are looking forward to update the market about further progress in due course,” said Brad Loiselle, CEO of betterU.
betterU, a global education to employment platform, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education to employment ecosystem.
betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible preschool, KG-12 programs preparing children for next stage of education, to provide access to global and localized educational programs from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.
betterU today has partnered with over 75 global educators, representing access to over 53,000 programs. It is developing technology and ongoing more partners required to support the growing education needs of the world.
For more information, please visit www.betterU.in
Brad Loiselle, CEO
betterU Education Corp.
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This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee482d35-0de8-4326-b820-e86beb229fb3