Venture: The Luminos Fund

Investment: $3M grant

Portfolio: Scaling Capital

Investment date: June 2023

Region(s) served: Global

Sector: Education

Core Impact Metric: % of children completing program and transitioning to mainstream school

Giving children a second chance at quality education

The Luminos approach, known as the Second Chance Program, is an accelerated learning program that helps children catch up to grade level, reintegrate into government schools, and prepare for lifelong learning. The program covers the first three years of schooling in the space of just 10 months and readies students to succeed as they transition into 3rd or 4th grade at their local government schools.

Why Rippleworks Invested:

A grant of $3M from Rippleworks will catalyze the reintroduction of out-of-school programs for thousands of children in the conflict-torn region of Tigray in Ethiopia.