The Professional Design Institute Launches Equity Crowdfunding Round on Eureeca
The Professional Design Institute offers a fully comprehensive online training course for anyone with a passion for interior design. This UAE-based educational platform is making some serious waves as an internationally recognised and accredited Interior Design Diploma. With its internationally acclaimed academic team, the cutting-edge online platform offers competitive prices & payment plans, mentorship & personal assistance, and flexibility for students can learn at their own pace, on the go.
The institute has recently been featured in several industry-leading publications such as Espaces Magazine, Identity Magazine and Mojeh Magazine.
About Professional Design Institute
Category: Education| Location: Dubai, United Arab Emirates | Website: www.design-institute.com
The Professional Design Institute FZE was registered in the Emirate of Ras Al Khaimah in the UAE as a free zone company in April 2017 and launched its course in May 2017.
The Professional Design Institute offers a fully comprehensive online training for anyone with a passion for interior design. The advanced curriculum is designed by a team of educators and mentors, offering a truly flexible programme catering to the needs of students all over the world.
The programme consists of 12 extensive training modules which cover the full range of the interior design spectrum, from theory to the technical and practical application of interior design and teaching corporate skills to help students start an interior design firm. Upon completion of the 12 modules, students shall then obtain our international diploma, recognised by the world’s leading interior design associations.
In their own words
“Our goal is to attract 100 students per month. This will be possible once our marketing efforts are at full speed and the website is translated in other languages. Once our goal is reached, we will look in diversifying in other courses which should happen after 1-2 years,” says Reza Afshar, CEO, Professional Design Institute.
The Market
The e-learning market is experiencing significant growth in online penetration and market size. The size of the e-learning market was estimated to be over $173 billion in 2016 (source: docebo) while the growth rate in the online education market is about 5% exceeding $240 billion in 2023. Similarly, education tech startups attracted 416 funding deals in 2016, worth a total of $1.7 billion.
The substantial growth is due to the fact that a large segment of the population does not have the time or the means to attend physical classes, and are increasingly considering e-learning. Another main advantage of online courses is the self-pace aspect. Students can study at their own rhythm while being supported 7/7 by their dedicated tutors.
“The Professional Design Institute is increasingly capturing students and market attention within the first months of launch. While we have to continue to increase our marketing efforts, word of mouth is starting to spread and brings us organic growth on top of paid marketing,” says Afshar.
“We are capturing students from all over the world, but mainly from the Middle East, Asia and Eastern Europe. We believe that the main growth will come from countries such as the UK, Australia, and the US, where we haven’t started to advertise as yet.”
So what makes Design Institute stand out from the crowd?
– 400+ students already enrolled form 60 countries. Each student is paying $1,150.
– Their course has been accredited by 5 major accreditation bodies, offering public recognition.
– 20 months in business.
– Year-on-Year Growth: 100% Revenue growth achieved.
– Expected to achieve profitability by 2020.
– Organic Gross Profit (GP) Margins equals net revenues as Cost of Sales are immaterial. Costs involved consist of developing the study modules which are treated as assets, subsequently depreciated over 5 years.
– The revenues fall in pure cash forms and almost zero receivables as they operate on advance payment basis, hence the risk of bad debts is low to zero.
If you’re interested in becoming a Professional Design Institute shareholder, you can view the proposal, request further documentation, get in touch with the founders and of course, secure your shares here.
