MakerBot aims to put a 3D printer in every school, and wants you to help pay for it

MakerBot aims to put a 3D printer in every school, and wants you to help pay for it

By Carl Franzen on November 12, 2013 05:40 pm 

MakerBot, the Brooklyn-based company that makes a variety of desktop 3D printers, accessories and associated software, announced a new plan today designed to put one of its signature devices into every school in America. Called the “MakerBot Academy,” the new effort relies on DonorsChoose, a crowdfunding website designed specifically for budget-strapped teachers, which lets them post requests for specific supplies online and solicit donations to help pay for the costs.Google and Reddit have previously turned to DonorsChoose for other educational tech initiatives. In this case, MakerBot is urging teachers to sign up for DonorsChoose and ask for pledges toward a MakerBot Replicator 2 3D printer, last year’s model, along with a supply of the plastic used for printing and an equipment service plan. MakerBot is offering a slight discount for its education bundle: $2,352 dollars for the whole package compared to $2,700 for the general retail price. The $348 discount is equivalent to about the cost of one year of the company’s service plan, according to a MakerBot spokesperson.

CLEARLY A GREAT WAY TO MOVE MORE MAKERBOT 3D PRINTERS

But in Brooklyn, where MakerBot is based, founder and former middle school teacher Bre Pettis is discounting the printer package for public schools down to just $98, with much of the money paid by corporate sponsorships. MakerBot is also hosting an online design competition to get 3D modelers to come up with the best designs for printable math supplies, such as counting blocks, and the winner will get to pick a school to receive a Replicator 2 bundle for free. The combined effort is clearly a great way to move more MakerBot 3D printers into the hands of young people and raise awareness of the company, but MakerBot also cites President Obama’s call earlier this year to revitalize American manufacturing as inspiration. Let’s just hope the plan goes better than a recent effort in Los Angeles to give students iPads, which has been curtailed after students bypassed the devices’ security settings.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: