Frandowment Competition Aims to Diversify Business Ownership
Jenny Young started Brooklyn Robot Foundry in 2011 with a mission of enhancing learning in STEM subjects (science, technology, engineering and math). Brooklyn Robot Foundry accomplishes this by having students build robots during activities such as after-school classes and summer camps. And now Brooklyn Robot Foundry will award a fee-free franchise to the winner of its Frandowment competition.
Through this contest, Young – who holds a mechanical engineering degree from Purdue University – will nurture business ownership in an inclusive, equitable way. Financial requirements for setting up a business can sometimes be insurmountable for aspiring entrepreneurs, but the Frandowment competition eliminates that obstacle.
Ideal First Franchisee for Brooklyn Robot Foundry
The winner will become Brooklyn Robot Foundry’s first franchisee, with start-up fees waived. Stan Friedman, founder of Sensible Franchising and one of four Frandowment competition judges, says Young’s contest “is an example of someone doing well by doing good.”
Young envisions her first franchisee as a people-person who is also a community builder and leader eager to run a business and diversify the STEM field. This first franchisee will help to enhance their community through Brooklyn Robot Foundry’s fun, creative, hands-on skilled activities.
About Brooklyn Robot Foundry Franchise
Brooklyn Robot Foundry primarily serves children ages 2-13 but also offers limited adult activities. Revenue streams include after-school classes, Foundry Fundays, one-time classes, Family Club, private classes, birthday parties and more. Many of the enrichment activities are offered online via platforms such as Zoom.
The student-to-teacher ratio is 6:1 or less to allow for ample individualized instruction for socializing with other peers participating in the activity. Creativity and independent thinking are encouraged, and although instructors offer guidelines for each week’s robot, the individual student will determine the final design.
“The Frandowment competition is a win-win-win opportunity for the Brooklyn Robot Foundry, a future franchise owner and the community they will serve.”Matthew Haller, IFA President and CEO
While one lucky person will receive a great business opportunity, the real winner of the Frandowment competition will be an entire neighborhood or community, according to a news release about the Frandowment competition. International Franchise Association President and CEO Matt Haller agrees, saying that the “Frandowment competition is a prime example of how franchises invest in the success of their neighbors and community. The Frandowment competition is a win-win-win opportunity for the Brooklyn Robot Foundry, a future franchise owner and the community they will serve.”
Frandowment Competition Application
The Frandowment competition requires completion of a three-part application: a video, resume and online form that are sent in simultaneously. The video, with a suggested length of about 90 seconds, should reveal the applicant’s personality and employ at least one prop while answering these questions: 1) Why should you own a Brooklyn Robot Foundry franchise? 2) What makes you most qualified? 3) How would you make it a success? 4) Why would it be meaningful to you personally?
Because all three parts of the application must be submitted at the same time, applicants should make sure they have the first two parts ready to upload before starting to fill out the online form. Candidates will be evaluated in multiple phases to ascertain which person is the best fit to receive the prize. Semifinalists will be notified, and the winner will be chosen by the end of this year. The deadline to apply is Sept. 5. To enter the Frandowment competition, fill out the application here.