Content/application design for online learning

Content/application design for online learning

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Content/application design for online learning

Country
Sector
Most 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.
Technology and Communications
Sub Sector
Most 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.
Technology
Indicative Return
Describes 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 IRR)
Investment Timeframe
Describes 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 Size
Describes 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.
10% - 15% (CAGR)
Average Ticket Size (USD)
Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct Impact
Describes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4)
Indirect Impact
Describes the secondary SDG(s) the IOA addresses.
Gender Equality (SDG 5)

Business Model Description

Content/application production for online or digital education: Private sector subscription based services could produce more digital learning technologies and content

Expected Impact

Especially during crises like the COVID-19 pandemic, this IOA will ensure uninterrupted access to learning resources and improve teaching outcomes

How is this information gathered?

Investment opportunities with potential to contribute to sustainable development are based on country-level SDG Investor Maps.

Disclaimer

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Country & Regions

Explore the country and target locations of the investment opportunity.
Country
Region
  • Turkey: Eastern Anatolia Region
  • Turkey: Marmara Region
  • Turkey: Southeastern Anatolia Region
Learn more

Sector Classification

Situate the investment opportunity within sustainability focused sector, subsector and industry classifications.
Sector

Technology and Communications

Development need
Technology is a cross-cutting sector for many SDGs. In terms of its performance on SDG 9 (Industry, Innovation and Infrastructure), Turkey faces major challenges. The country performs well-below the global long-term objective in indicators such as Expenditures on Research and Development and the Number of Researchers (per thousand employed people). (1)

Policy priority
The 11th Development Plan, the Sustainable Development Goals Evaluation Report, 2020 Annual Presidential Program and the 2019-2023 Strategy Plan of the Ministry of Industry and Technology all highlight the importance of technology for the achievement of the SDGs and stress the need to digitally transform the country’s economy as a prerequisite for competitive production.

Gender inequalities and marginalization issues
According to the Women in Tech Index, the percentage of female employment in technology is at a mere 9.91% in Turkey. 37.11% of STEM graduates are female. There is a gender pay gap of 8.42% between men and women in the tech industry. This necessitates policies and business models that promote the employment of women in technology with fair wages. (16)

Investment opportunities
The government intends to mobilize investment momentum in this sector. Existing incentives are offered by TUBITAK, KOSGEB, The Ministry of Industry and Technology and the Development and Investment Bank of Turkey. The importance of investing in this sector is increasingly evident with the outbreak of the COVID-19 pandemic, necessitating remote access to vital services

Key bottlenecks
The ability to compete on prices with imported technological products and services already present in the Turkish market; infant-industry problems. Ambiguity of the regulations in some of the latest areas of development such as IoT. Issues related to cyber security and data privacy.

Sub Sector

Technology

Development need
There is a growing need to adopt technology-integrated solutions in the education sector to increase the availability of pedagogical tools to boost learning outcomes, and grant access to remote learning services in light of the pandemic.

Policy priority
The Ministry of Education’s 2019-2023 Strategic Plan addresses the need to make digitalization and distance learning more prevalent in the education system.

Gender inequalities and marginalization issues
According to the Women in Tech Index, the percentage of female employment in technology is at a mere 9.91% in Turkey. 37.11% of STEM graduates are female. There is a gender pay gap of 8.42% between men and women in the tech industry. This necessitates policies and business models that promote the employment of women in technology with fair wages. (16)

Investment opportunities
Tübitak offers financial support for SMEs' R&D projects for manufacturing a new product and the development and improvement of an existing product. Other incentives are offered by the Ministry of Industry and Technology and the Development and Investment Bank of Turkey. This area has high policy momentum, and new investment opportunities are supported by the government.

Key bottlenecks
While it is vital to develop new technologies to increase access to education, it is also important to note that some students do not have access to the telecommunications infrastructure in the country to access these products and services. The public sector has to take initiative for service provisions.

Industry

Software and IT Services

Pipeline Opportunity

Discover the investment opportunity and its corresponding business model.
Investment Opportunity Area

Content/application design for online learning

Business Model

Content/application production for online or digital education: Private sector subscription based services could produce more digital learning technologies and content

Business Case

Learn about the investment opportunity’s business metrics and market risks.

Market Size and Environment

CAGR
Describes the historical or expected annual growth of revenues in the IOA market.

10% - 15%

The e-learning industry in Turkey is projected to achieve a CAGR of 10.8% between 2019-2023. Increasing number of internet users, rising government efforts to grow the e-learning sector, the adoption of modern technologies by the learners, and growing use of Learning Management Systems (LMS) by the corporate sector are among the primary drivers of growth. (7)

Indicative Return

IRR
Describes an expected annual rate of growth of the IOA investment.

> 25%

The return profile is based on the estimates of the interviewed stakeholders in this field

Investment Timeframe

Timeframe
Describes 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)

This is not a capital intensive sector, and there is already a high-demand after the coronavirus pandemic

Ticket Size

Average Ticket Size (USD)
Describes the USD amount for a typical investment required in the IOA.

USD 500,000 - USD 1 million

Market Risks & Scale Obstacles

Business - Supply Chain Constraints

Lack of internet or computer access throughout the broader population (for remote learning) and poor digital infrastructure at schools (for engaging with smart technologies in the classroom) might limit scale over time.

Impact Case

Read about impact metrics and social and environmental risks of the investment opportunity.

Sustainable Development Need

COVID-19 has demonstrated the importance of e-learning services in Turkey.

E-learning addresses the many challenges faced by the education system, such as a high pupil-to-teacher ratio and grants greater access to high quality learning resources.

Gender & Marginalisation

There are around 1.6 million Syrian children of schooling age in Turkey who might benefit from online learning platforms and material. (8)(9)

Female population with lower education levels could also be benefited from the initiative as well as people in rural areas

Expected Development Outcome

Increase access to quality education services, improve the literacy in ICT skills, promote life-long learning opportunities and minimize distruptions in the learning process in emergency scenarios such as the coronavirus pandemic (SDG 4).

Gender & Marginalisation

Reduce education gaps and lack of oportunities for Syrian children in the country

Reduce gender and rural education gaps

Primary SDGs addressed

Quality Education (SDG 4)
4 - Quality Education

4.3.1 Participation rate of youth and adults in formal and non-formal education and training in the previous 12 months, by sex

4.4.1 Proportion of youth and adults with information and communications technology (ICT) skills, by type of skill

4.6.1 Proportion of population in a given age group achieving at least a fixed level of proficiency in functional (a) literacy and (b) numeracy skills, by sex

4.1.1 Proportion of children and young people (a) in grades 2/3; (b) at the end of primary; and (c) at the end of lower secondary achieving at least a minimum proficiency level in (i) reading and (ii) mathematics, by sex

Current Value

33.28% (the rate of enrollment in tertiary education) (1).

18.4% (Proportion of youth and adults with ICT skills in using presentation software) (10)

99.8% (youth literacy rate) (10)

Target Value

52.2% (1)

100%

100%

Secondary SDGs addressed

Gender Equality (SDG 5)
5 - Gender Equality

Directly impacted stakeholders

People

Students and the general public who can benefit from digital learning services and have internet access (especially during a pandemic), teachers, caregivers

Corporates

Private schools, onlnie learning service providers

Public sector

Public schools, the Ministry of Health

Indirectly impacted stakeholders

People

Syrian refugees who might benefit from online learning opportunities where schooling infrastructure or access to schooling is inadequate or lacking, Teachers who will have greater access to advanced pedagogical tools

Gender inequality and/or marginalization

women and rural population with low access to education

Corporates

Internet service providers

Outcome Risks

Poorly designed networks might lead to cyber security issues and data privacy threats.

Impact Risks

Stakeholder Participation Risk Execution Risk

Impact Classification

C—Contribute to Solutions

What

Important, positive outcome: increased access to formal education services and improved teaching outcomes.

Who

Digital learning service and technology providers, students, the education sector as a whole benefits from online learning.

Risk

Lack of internet or computer access throughout the broader population and poor digital infrastructure at schools might indicate that these models do not reach the intended stakeholders

Impact Thesis

Especially during crises like the COVID-19 pandemic, this IOA will ensure uninterrupted access to learning resources and improve teaching outcomes

Enabling Environment

Explore policy, regulatory and financial factors relevant for the investment opportunity.

Policy Environment

(2019-2023 Strategic Plan of the Ministry of Education): Among the policy goals of the 2019-2023 Strategic Plan of the Ministry of Education are the provision of equal opportunity of access beyond the classroom to digital learning aid) and promoting life long learning opportunities through remote learning infrastructure.

(2020 Presidential Program): The 2020 Presidential Program stresses the need to develop the human resources of the country in a way that produces positive economic and social externalities and the importance of ensuring the accessibility of education and the availability of lifelong education opportunities

(11th Development Plan): The 11th Development Plan recommends to develop and support of innovative learning designs using mobile technology in order increase the access of students and teachers to information

Financial Environment

Financial incentives: Tübitak offers financial support to e-book and MOOC producers. Support will be provided up to 120 thousand liras, excluding royalty payments.

Other incentives: The Ministry of Industry and Technology and The Development and Investment Bank of Turkey established "The Technology and Innovation Fund" under the Turkey Development Fund to finance innovative tech. based companies/projects

Regulatory Environment

(Regulation): Basic National Education Law Number 1739 delineates the organization and general structure of the education system

(Regulation): Law #5580 is the law on private education. It sets out the conditions for the establishment and the necessary qualifications of private educational institutions

(Regulation): The new Personal Data Protection Law of 2019 outlines the requirements and criteria for data protection in online systems for Turkey

Marketplace Participants

Discover examples of public and private stakeholders active in this investment opportunity that were identified through secondary research and consultations.

Private Sector

Online learning technology and service providers such as Enocta, Einstein, Blackboard, Infinity Teknoloji, Moodle, Canvas, Udemy, Bilgi Kurdu etc; internet and telecommunication service providers such as Turk Telekom and Vodaphone

Government

The Ministry of Education, the Ministry of Industry and Technology, Tubitak

Multilaterals

UNICEF

Target Locations

See what country regions are most suitable for the investment opportunity. All references to Kosovo shall be understood to be in the context of the Security Council Resolution 1244 (1999)
country static map
semi-urban

Turkey: Eastern Anatolia Region

The listed regions demonstrate the lowest levels of literacy according to TUIK figures (17).
semi-urban

Turkey: Marmara Region

The listed regions demonstrate the lowest levels of literacy according to TUIK figures (17).
semi-urban

Turkey: Southeastern Anatolia Region

The listed regions demonstrate the lowest levels of literacy according to TUIK figures (17).

References

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