Pre-school educational institutions

Armenia . Yerevan . 1, September, 2017. Children's exhibition of paintings

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Pre-school educational institutions
Pre-school educational institutions
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Education
Education Infrastructure
Business Model Description

Establish kindergartens as a commercial entity by a private investor or via a public-private partnership through one of the following models: 1. Privately owned and operated kindergarten, especially in Yerevan and urban areas; 2. State owned kindergarten, managed and operated by the community; or 3. Community owned kindergarten, privately managed and operated.

Expected Impact

Ensure access to quality and affordable care and education for children, also positively contributing to the livelihoods of families and their communities.

How is this information gathered?
Updated: 9 Aug, 2021 Date of Production: 1 Jun, 2021
Armenia
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
270,000 children of up to 6 years require pre-school education in Armenia.
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1)

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Sector Sources
  • 1) Sustainable Development Report, 2019, https://www.sdgindex.org/reports/sustainable-development-report-2019. 2) Voluntary National Report (VNR) of Armenia, for the UN High-level Political Forum on Sustainable Development, 2018. 3) Government action program 2019-2023, https://www.gov.am/am/Five-Year-Action-Program. 4) Action plan of the government of the Republic of Armenia 2018 – 2022, https://www.gov.am/files/docs/2920.pdf. 5) Law on Pre-school Education, https://www.arlis.am/DocumentView.aspx?DocID=142616. 6) Statistical Committee Of Armenia, Annual Demographic Reports, https://www.armstat.am/am/?nid=82&id=2347. 7) Law on General Education and Government Protocol Decision No 6 of 18 February 2016, https://www.arlis.am/DocumentView.aspx?DocID=103910. 8) State Budget, Ministry of Finance, https://minfin.am/en/page/state_budge. 9) Central Bank of Armenia, Monetary and Financial Statistics, https://www.cba.am/en/SitePages/statmonetaryfinancial.aspx. 10) Assessment of Access of Children to Pre-school Education In Armenia, 2017, Save The Children, https://armenia.savethechildren.net/sites/armenia.savethechildren.net/files/library/Assessment%20on%20Access%20to%20Pre-school%20Education%20Services_ENG.pdf. 11) Early Childhood Education in rmenia, UNICEF, https://www.unicef.org/armenia/en/what-we-do/early-childhood-education.
IOA Sources
  • 21) UNDP interviews with stakeholders, 2019. 22) SCA, Social Situation in Armenia, 2018 / 2019, https://www.armstat.am/file/article/soc_vich_2018_1.pdf, https://www.armstat.am/am/?nid=82&id=2295. 23) SCA, Social Snapshot and Poverty in Armenia, 2019, https://www.armstat.am/am/?nid=82&id=2217. 24) Order of the Minister of Education and Science No 857-N of 20 December 2002 on sanitary requirements. 25) Order of the Minister of Education and Science No 42-N, of 12 August 2013 on food safety. 26) Order of the Minister of Education and Science No 29-N, of 26 January 2007 on staff requirements. 27) Order of the Minister of Education and Science No 257-N of 30 March 2011. 28) Order of the Minister of Education and Science No 858-N of 18 September 2012 on norms and requirements for pre-school facilities. 29) Government Protocol Decree No 6 of 18 February 2016 on Measures Towards Establishing a General Inclusive Education System. 30) Government Decree No 598-N of 15 April 2021 on Measures Towards Establishing a Inclusive Pre-School Education System.