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Teachers and students will soon have a new channel to raise money for such educational projects via EdExchange. EdExchange, established by the Hong Kong Institute of Education, in collaboration with a number of blue chip corporations and civic minded individuals, aims to help all teachers and students in Hong Kong to match ideas with funding. It is an attempt to establish a market-based mechanism for funding and resource allocation on the educational front. This innovative idea was proposed by Mr Samuel Poon, a former Managing Director and Head of Investment Banking at Merrill Lynch Asia Pacific. |
EdExchange provides an efficient solution for those seeking funding for educational projects and for donors, big and small, who are willing to support these initiatives.
How does it work?
EdExchange is modelled after a stock exchange, where investors
can freely buy a particular stock at the price they deem appropriate. EdExchange
provides a similar marketplace for "investors" and "issuers",
only not of stocks but of meaningful educational projects.
