THE RIVERSIDE PROJECT-Edition-1

PROJECT: RIVERSIDE ACADEMY
CONSTRUCTION AND LAUNCH OF AN EDUCATIONAL INSTITUTE

Riverside International School
Monday, May 29, 2023

EXECUTIVE SUMMERY
The focus of this project proposal is laid down in a way, to show an overall picture of its
exact aim and purpose in the following generalized manner.
It is a very well known fact that, young men and women who had received up-to-date,
advanced and relevant training are the foundation for technological as well as social
development of any country, the two priorities for its economical growth. Nearly a decade
has passed, since Ethiopia has begun determined strides toward achieving a sustained
development. In this effort-requiring endeavor, the main actors as well as the nation had
come to understand the roll that educational superiority can play, in order to triumph over
insufficiency. This is exactly, what the project is designed to realize: educational
excellence.
The project aims at establishing and launching an educational institution devoted to high
standards and quality of education. This academy is designed to encompass Pre School,
Elementary and Secondary schools all in one spacious premise with a yearly enrollment
capacity of 500 students.
The academy is planning to create an ever-memorable monument in the Ethiopian schools
educational history, by modernizing and excelling the teaching - learning process at all levels
of primary and secondary education, and thus became one of the leading transformation
agents who will manifest a prosperous future Ethiopia.
Background
The next portion of this proposal will explain the major problems and drawbacks facing the
primary and secondary schools in the capital city, A.A. followed with a description that
elaborates how the academy to be established will be able to provide achievable and basic
solutions to these problems.
Problem Statement
Some of the basic problems that are creating havoc on the teaching learning process of most
primary and secondary schools in the region are the following:
The first and major drawback is the insufficient background or basic education such as
English language study given to primary level students. Almost all other sciences as well as
social sciences in the secondary or higher level education are given using the English
language. This fact closely associates English language proficiency with a successful
teaching learning process. Not very far away from the above mentioned drawback there
exists another one, connected to irrelevance and inconsistence. Students are given an
education that does not take into consideration current and future level of education.
The second major drawback is inadequate teaching aids and methods. Due to lack of training
and limited financial strength, teachers in many of the schools in Addis Ababa follow poor
teaching methods; that takes into account only the fact that the student is present for a
session, not the fact that the student needs to go parallel with the ever changing technological
and scientific world.
At last there is the problem of partiality in the education system, meaning lack of wholeness.
This is a basic drawback contributing highly for producing a citizen capable of a lot of
mathematics and philosophy but do not have the wisdom to be creative and serve themselves
as well as their society. The complete absence of talent search mechanism is also a
contributing negative influence as well as a basic problem by itself.
Even though there are some other drawbacks such as environmental influences unfavorable
for educational atmospheres, the above mentioned three can be considered the basic ones
that are calling the attentions of everyone concerned. If these can be solved in the right
manner, the standards of schools in our capital can be greatly improved.
JUSTIFICATION
By the time it is operational, the academy will have a high-standards educational system,
which has proved to be most effective in the developed world. This system, which has its
base on a goal oriented, modern and complete teaching learning process, goes hand in hand
with the existing curriculum of schools in Addis Ababa, in a flexible and compatible way.
The system’s strictly developmental attitude will generate the intelligence and the capacity
that enables it to solve the above-mentioned critical shortcomings naturally.
To being with, the academy believes in the notion that, the continuous development of
effective knowledge is inseparable from the continuous development of a child, psychic as
well as physical. If a child has the opportunity to get an excellent continual education
beginning at an early age -especially in language- at the elementary level; then the child’s
natural development will be accompanied with an equally developed understanding and
intellect. The side by side nourishment of both processes -the natural growth and the learning
process - will create students who can easily comprehend what they are being taught at any
level, thus considerably effective. In other words, the academy makes sure that, every
student receives a more than adequate, basic language and discipline background. An
essential part of the system, that makes any student fully fit for future trainings.
One of the unique traits that highlights the academy’s strong bond with modern technology
and state-of-the-art teaching methods is, its bird`s eye view towards the ever narrowing
world and information processes. Backed up with advanced teaching aids, such as audio
visual, high speed broadband internet, science laboratories with modern equipment and
libraries filled with relevant and updated books in electronic and printed forms. By making
use of these readily available modern means of information channeling technologies,
students will be able to get whatever reference materials they need. In addition, they are well
informed about the daily technological and scientific strides the world is making at any time.
In order to protect students from dangerous or immoral parts of the web, parental control
systems are always in place, strictly monitored by a certified web administrator.
Knowledge | Humility | Innovation

The next major specialty of the Riverside academy is providing an education focused on
objectivity. Every student gets an education in the fields of discipline and morality, time
usage, peer pressure awareness, goal oriented living, physical fitness, music, logic, love of
commitment etc…These are encapsulated in the normal curriculum or as a separate
refreshing activities ,for instance A game, a puzzle etc, designed to inter-simulate the
specific ideal. These activities are created to enhance the full development of intellect, thus
producing a problem solving and a conscious future generation. Riverside academy students
are shaped and molded, so that they will become healthy, energetic, responsible and
successful citizens. This makes the learning process fit for, not only providing effective, but
also wholesome education, which takes into consideration the whole of the individual`s
future endeavors; making the system even more nobler.
The last solution the academy can bring, compared to other schools in the capital city is
connected to its evaluation systems. It has developed two kinds of evaluation systems, one
designed for the teacher and another for the student. Except for a very few minor changes,
the teacher evaluation system is used by most other schools, but the student talent evaluation
system is not widely used in Ethiopian schools. This is a kind of talent search system which
is most effective in determining the area of study, that a child will have the best chance of
success. Thus, parents can be notified about the specific interest, that their child`s future is
most probably pointing.
Concisely, the Riverside academy will be a potential candidate as one of the first advanced,
latest, all encompassing and up-to-date educational institute our capital city had ever seen.
EXECUTIVE SUMMERY
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Over the past decade, Ethiopia has attained a considerably high economic growth. The
country has emerged as one of Africa’s most exciting new markets and one of the fastest-
growing economies on the continent. Consequently, the economic status of the society is
rapidly changing from providing their children with a good education to entertaining
themselves in expensive resorts.
This project aims at launching a first rate, all inclusive school ranging from preparatory to
high-school level in Addis Ababa, Ethiopia. The project has been studied in relation to
similar ventures undertaken in recent years in the hope of creating better quality of
education.
As the majority of the schools are not well equipped and do not provide excellent education
currently, many parents need schools that can provide the exceptional education required.
These parents are capable of paying even what is considered a very large amount for a good
quality of education in Ethiopia.
This project aims to provide the institution and outstanding education to the knowledge
craving citizens of Ethiopia and make revenue at the same time.
EDUCATION IN ETHIOPIA
Ethiopia faces many historical, cultural, social and political obstacles that have restricted
progress in education for many centuries. There is a need to change the importance of
education in the country's social structure, and children should be encouraged and required to
attend school and become educated.

Since the mid-1970s, there have been drastic a loss of professionals who leave the country,
mostly for economical reasons. Many educated Ethiopians seek higher salaries in foreign
countries; as a result many of those who manage to complete higher education emigrate out
of Ethiopia, creating an endless shortage of qualified professionals in every sector of the
country. As of 2006, there are more Ethiopia-trained doctors living in Chicago than in the
entire country.
Thus, the need for educational institutions and educated human resource is now vital.
However, there are only few international schools with the right facility and equipment to
provide education to the large community in Addis Ababa. There are more than five million
people currently living in the city and most are looking for outstanding schools with money
being no object.
This project provides a solution to this problem by presenting an outstanding idea of building
an all-inclusive school that accommodates up to 1,000 students from pre-kindergarten to
high-school level.
MISSION
Riverside International School prepares students to understand, contribute to, and succeed in
a rapidly changing society, and thus make the world a better place. We will ensure that our
students develop the competencies essential for success and leadership in the emerging
creative economy. We will also lead in generating practical and theoretical knowledge that
enables people to better understand our world and improve conditions for local and global
communities.
4
Vision
We are and will be a school where design and social research drive approaches to
studying issues of our time, such as democracy, care for others, urbanization, technological
change, economic empowerment, sustainability, migration, and globalization. We will be
the preeminent intellectual and creative center for effective engagement in a world that
increasingly demands better-designed objects, communication, systems, and organizations to
meet social needs.
Our vision aligns with shifts in the global economy, society, and environment, which
animate our mission and our values:
 Creativity, innovation, and a desire to challenge the status quo, both in what and
how we teach and in the intellectual ambitions of the School itself
 Social engagement, orienting students' academic experience to help them become
critically engaged citizens dedicated to solving problems and contributing to the public
good.
EDUCATIONAL APPROACH
We will fulfill our mission by extending Riverside International School's legacy as an

academic community, lively and responsive to change, that:
 Focuses on and engages with critical contemporary issues
 Prioritizes humanity and culture in designing systems and environments to improve
the human condition, an approach that draws on design thinking and the liberal,
creative, and performing arts
 Places project-based learning at the center of the educational experience
 Promotes the capital of Africa - Addis Ababa and its connectivity to African nations

OUR GOALS
The Strategic Plan breaks our goals into five broad categories:
• Prioritizes the success of a student. We will become a more student‐centered

school; academically rigorous and focused on outcomes; with strong, integrated
support services, especially advising and career services.
• Builds our academic programs and quality as a school with core strengths in design
and social approach. We will be the intellectual and creative center for this
approach. We will lead in innovation, making project‐based, socially engaged
learning our focus.
• Elevates global education by building on our highly international student body and
academic culture, by providing our students with opportunities to explore global
issues through design and social research, and by developing global student
markets.
• Positions our external profile by differentiating our identity and emphasizing our
distinctive programs and learning opportunities. We will modify and build our
brand around our core values and greatest strengths, and explore and develop new
initiatives to extend The New School’s profile.
• Improves our infrastructure to support our academic aims. We will provide the
best service possible to all of our constituents; strengthen and diversify our
financial base by improving efficiency, increasing fundraising, and developing new
revenue sources; bring our campus together in Greenwich Village to both improve
efficiency and foster collaboration; and improve our technology infrastructure and
operations.
6
The goals in the Strategic Plan will shape both our work and our investments in the coming
years. The progress and success of the Strategic Plan will be assessed through a range of
identified metrics focused on results rather than inputs.
OWNERSHIP
The firm is owned by two share holders with equal share levels and decision making ability.
These two members are to form a private limited company to make this project happen.
The details are to be presented in the agreement form of private limited companies. The
parties are expected to:
The financier
 Invest financially on the project
 Put inputs for the business
 Have equal ownership with the partner
The partner
 Dedicate certain time for the company
 Sets up the school`s facility and technical
 Employ a headmaster that controls the departments of marketing, administration,
curriculum and results
 Is in charge of recruitment and termination of employments in communication with
the manager
 Divide the net profit equally after expenses by the end of each year
 Call for new premise, services and office supplies acquisition
 Involve in the day-to-day activity of the school
 Sign cheques and approves payments
 Is in charge of the Completion of Construction and Project Start-up
Completion of Construction and Project Start-up

The project is to be finalized in a two year period, once the land is available. The school
starts enrolling students as soon as all facilities are functional and staffing is done.
Project frontrunner
The project will be led by Mr. Ashenafi Nigussie who has had a good experience with
schools and is the person that initiated this project.
Rendered Services
The services rendered are as follows:
 Provision of education to kindergarten students

 Provision of education to elementary students
 Provision of education to high-school students
 Summer school program
 Transportation service to students /school bus/
 Library service
 Cafeteria service
 Provision of books and educational materials
8
The Team
The team for this project includes the following:
The School
As mentioned previously, the school that is aimed to be built and organized is the first of its
kind which is fully equipped. The school meets the demands of the students and the
standards of an international school by constituting the following.
SPECIAL FEATURES
The following make the school special and unique that the other schools in Ethiopia
OUR SMALL CLASS SIZE
The school follows a cross-curricular approach using a small class format with an
exceptionally low student-to-teacher ratio. The individual attention that each student receives
makes a huge difference in allowing our students to reach their full potential. By keeping our
total enrolment low and having the freedom to focus on each student's abilities, we will be
able to nurture and coach personalized learning strategies, and do so in a supportive
engaging atmosphere with a unique community spirit.
OUR SAFE HAVEN
Our students interact, not only with each other but also with people of all
ages. Our school will be a place of friendship and esteem, where students feel
safe from bullying and negative peer pressure. Our students will have daily
interaction between different age groups and work closely together on
academic projects and artistic initiatives. Our learning environment will be caring and
enriching as will the relationships between the students themselves. Our school is the ideal
center that is welcoming and safe place with a beautiful huge grassy yard, safe playground
items and lots of space to run and play.
OUR ACADEMIC EXCELLENCE
By providing individual academic and personal support and attention to each

student, we will consistently achieve an excellent academic record. Compared
with other school systems, we will have more daily instruction in English and
French with bilingual teachers. Unlike traditional French immersion, our
math, sciences and other core subjects are taught in English which allows for full
comprehension and accelerated learning. Every student's work will be reviewed and graded
with detailed report cards provided each term. All teachers have university degrees,
experience working in other private schools and international teaching experience. Our
students will be prepared to enter higher educational institutions as inspired and confident
individuals - academically, emotionally and creatively.
Our Extra-Curricular Activities
10
Nothing builds the confidence of children and youth more quickly than direct involvement in
the performing arts. The school holds at least three plays or musicals a year. Our students
will be working together as a close-knit team to successfully perform a challenging feature-
length production. The school incorporates a large visual arts focus into the curriculum. We
see an important part of our vocation as developing the innovation and creativity within each
of our students. We also provide several extra activity programs such as developing skills in
different software programs, swimming with the presence of our staff, Music and arts,
including voice and piano lessons, which can be included during after school hours. We plan
to invite professional artists regularly to visit for talks and performances, and we attend
shows as a school numerous times each year.
Our Students
We will acknowledge each and every student and as we are proud to have
them as part of our school family. Their academic, athletic and artistic talents
will be improved with the teachers with many years of experience.
Respectful, positive attitudes are awarded. Our students will be encouraged
to have a global perspective and awareness as is apparent during our weekly school
discussions. Watching our students’ inquisitive natures, compassion and social awareness
blossom will be a constant reminder to us of why we plan to do this project.
Our Scholarships
Functioning in Ethiopia, we plan to provide free scholarships for selected
students who have a good educational record but require the assistance of an
institution. We plan to register several students free of charge for their
education from grade 1 to 12. By this, we hope to create more productive citizens.

12
COMPANY PROFILE 2
2.1 THE COMPANY
The company is a newly established legal body, which is in the process of procuring a permit
along with its initial operations as an educational institute.
2.2 VISION OF THE COMPANY
The vision of the company is to be the leading educational establishment and teaching
activity in Africa.
2.3 BACKGROUND INFORMATION
 BUSINESS NAME – Base General Agro-Processing Industry PLC
 LEGAL FORM OF BUSINESS - Private Limited Company
(P.L.C)
 NATIONALITY - Ethiopian
 BUSINESS ADDRESS – Addis Ababa, Yeka Kifle Ketema
 PROJECT ADDRESS – Addis Ababa, Bole Kifle Ketema
 TYPE OF BUSINESS – Pre, Primary and secondary school.
 STATUS OF BUSINESS – New

OBJECTIVES
GENERAL OBJECTIVES
The institute has an objective of providing a highest quality, advanced standard, up-to-date
and high tech education aimed at shaping creative and wise future citizens, who can very
well contribute to the development of their society as well as their region and country.
SPECIFIC OBJECTIVES
 Construct a building which houses a state of the art educational
facility in a time gap of two years.
 Furnish the building with equipment suitable for the intended
automated knowledge base.
 Create a competent organizational structure and get-together skilled
administrative staff.
 Employ renowned foreign as well as local teachers, and initiate the
preschool/kindergarten and the primary education.
14
 Register and provide a first class education to a total of 500 students
ranging in level from Pre School up to 12- grade, out of which 100 are
scholarship students.
Prepare and publish educational materials, such as support books,
handouts and manuals.
MARKET ANALISIS
We can easily predict from statistical data that, the current educational market in Ethiopia is
favorable enough to allow such an undertaking. This market has an especially favorable
atmosphere in Addis Ababa which is witnessed as being one of the first choices of
entrepreneurs for investment.
The following is a list showing some of the major International schools and the fees they
collect: -
No. School Annual ETB Annual USD

1 Sandford International School 180,000.00 9,000.00
2 Andinet International School 110,000.00 5,500.00
3 Lycee Guebre-Mariam French School 200.000.00 10,000.00
4 Greek School 150,000.00 7,500.00
5 ICS 260,000.00 13,000.00
6 Addis International School 120,000.00 6,000.00

16
OVERALL PROJECT ACTIVITIES
The particular immediate objectives are going to be realized in a three phase process. The
first phase will be the construction of complete facilities needed to launch an advanced and
modern school. The second phase will constitute equipping the pre-school and the primary-
school with needed teaching materials, employing the teaching and administrative staff and
starting the sought after efficient teaching/learning process by creating an organized
educational ambiance. The first and second cycles or the pre and the primary school students
will use the buildings constructed in the first phase of the project, which include the two
story building for classrooms, lavatories and the library. The administrative building is also
one of the buildings to be completed in the first phase.
No# Items Quantity Cost Total Amount
1 Architectural Design - 200,000.00
2 Property / Land acquisition - 6,000,000.00
3 Fencing - 500,000.00
4 Construction Cost (phase 1 & 2) - 7,000,000.00
5 Furniture and equipments - 1,000,000.00
6 Project startup - 500,000.00
Total ETB 15,200,000.00
Total USD 760,000.00

FINANCIAL ANALYSIS
The following tables show the financial analysis for expenses, income and profit of the school on
a monthly basis. However, the amounts may vary from one year to another as enrollment of
children may not be the same. All amounts stated hereunder are in Ethiopian birr and USD.
18
PHASE I : CONSTRUCTION
Construction is planned to be completed in a two year (24 months) period. The whole facility
includes: - two 3 story buildings for classrooms and administrative offices, a two story
library, a science laboratory - designed for Physics, Chemistry and Biology - 3 in one, a
cafeteria/lounge and a playground for recreational activities. The following specific activities
are included in the initial phase:
 Premise acquisition: One month.
 Fencing and foundation: an 8 month task involving the marking of a
solid boundary and laying the foundation for all the buildings.
 Building construction Phase I: a 6- month task involving the building
of classrooms, libraries, offices, a cafeteria and laboratories including
built in utilities.
No# Rooms Amount

1 Classrooms – KG 6
2 Classrooms – Elementary 16
3 Classrooms – High school 8
4 Cafeteria 1
5 Laboratory 1
6 Staff lounge 1
7 Reception area 1
8 Administration offices 5
9 Arts room 1
10 Library 1
11 Teachers’ resource center 1
12 Clinic 1
13 Audio-video room 1
14 Warehouse 1
15 Computer room 1
16 Music Room 1
Total Number of Rooms 47

The details of the construction cost or the Bill of Quantity is included in the annex.
No# Outdoor Premise Amount

1 Sport`s field 1
2 Green area 1
3 Playground 1
4 Basketball court 1
5 Parking area 1
Total 5
20
PHASE II: EQUIPPING AND EMPLOYING
As soon as the first phase is completed, the next phase will commence. In this stage all the
necessary utilities, equipment and staff are organized in the form of employment, purchase
or rent.
This phase of the activity will be concerned with fully equipping the building with the
necessary advanced teaching materials and the employing of very effective staff and initiate
the operation of the Pre-school, Kindergarten and primary schools this phase will take place
in a period of 6 months. The following are the activities of phase 2:-
 Utility installation services: - installation of telephone and broadband
internet lines. /Electrical installation is included with the construction
details/
 Purchase and Rent of equipment: - computers, printers, black and
while boards, stationary(paper, pencils, pens, markers, staples etc ),
books, teaching games, chairs, tables, shelves, plasma screen television
sets , cameras, LCD projectors, school buses and vans, playground
equipments (Sliders, Fixed Mesh ladders, Swingers and balls)
 Human Resource: - Recruitment and employment of administrative
staff, professional contractors and teachers who are mostly foreign.
 Service Initiation: - Enrollment of at most 300 pre-school, kindergarten
and primary students, equally divided to each of the departments.
The school is planning to employ the most efficient staff available. The following is a table
showing needed staff for the school and their respective salaries: -
No Quan Monthly Total Annual

# Items tity Salary Salary
$ 300,000.00
1 Principal (one) 1 25,000.00 25,000.00
$ 54,000.00
2 Office Assistant (one) 1 4,500.00 4,500.00
$ 54,000.00
3 Receptionist (one) 1 4,500.00 4,500.00
$ 60,000.00
4 Accountant (one) 1 5,000.00 5,000.00
$ 60,000.00
5 Librarian (one) 1 5,000.00 5,000.00
$ 90,000.00
6 Kindergarten head (one) 1 7,500.00 7,500.00
$ 144,000.00
7 Elementary head (one) 1 12,000.00 12,000.00
$ 180,000.00
8 High-school head (one) 1 15,000.00 15,000.00
$ 1,440,000.00
9 Teachers (twenty) 20 6,000.00 120,000.00
$ 72,000.00
10 Security (four) 4 1,500.00 6,000.00
$ 72,000.00
11 Janitors (four) 4 1,500.00 6,000.00
$ 252,000.00
12 Assistant teachers – KG
6 2,500.00 21,000.00
(six)
$ 42,000.00
13 Nurse (one) 1 3,500.00 3,500.00
$ 24,000.00
14 Warehouse head (one) 1 2,000.00 2,000.00
$ 54,000.00
15 Resources center head
1 4,500.00 4,500.00
(one)
$ 54,000.00
16 Teachers’ library
1 4,500.00 4,500.00
personnel (one)
$ 96,000.00
17 Drivers (two) 2 4,000.00 8,000.00
$ 36,000.00
18 Maintenance (one) 1 3,000.00 3,000.00
$ 18,000.00
19 Gardner (one) 1 1,500.00 1,500.00
Computer instructors (two) $ 120,000.00
20 2 5,000.00 10,000.00
Total ETB 268,500.00

Total USD 3,222,000.00
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No# Items Quantity Unit price Amount

1 School Bus 1 - 800,000.00
2 Photocopy machine 1 23,000.0 23,000.00

0
3 Computers 20 500,000.00
4 Televisions 1 8000.00 8,000.00
5 2 1,400.00 2,800.00
CD players
6 1 1,800.00 500,000.00
DVD players
7 Chairs for students 600 1,000.00 120,000.00
8 Tables for students 600 1,000.00 120,000.00
9 Playground equipments/ Sliders, Fixed - - 30,000.00

Mesh ladders, Swingers and balls/
10 Shelves 4 6,000.00 24,000.00
11 Office tables 5 4,000.00 20,000.00
12 Office chairs 20 2,000.00 40,000.00
13 Teaching aids - - 20,000.00
14 First aid materials and a Stretcher - - 8,000.0

0
15 Black and White boards 70 1,200.00 84,000.0

0
16 Laboratory equipments/Approx/ - - 20,000.00
17 Accessories/ Dividers, Flash and other 10 80.00

drives, CDs, 1800.00
18 Carpets 2 2,500.00 5,000.0

0
19 Curtains/Shutters 10 1,300.00 13,000.0

0
20 Stabilizers 2 1,500.00 3,000.0

0
21 Books & other teaching materials/Chalk, - - 120,000.

markers, Stationary etc/ 00
22 Musical instruments/Piano, violins, 10 - 120,000.

guitars/
24
00
23 Computers/Lap Tops 20 - 400,000.

00
1,148,800.0
Total ETB 0
Total USD

PHASE III : ORGANIZING
In this phase, the managing and the administrative bodies will allocate resources,
prepare and publish curriculum according to the standards, orient and manage teachers
and start enrolling the first batch students of the academy.
 Resources Allocation: allocate the proper material and human resources
to the proper level of teaching centre; allocate expenses to run the overall
activities of the school.
 Curriculum Preparation: Prepare/buy teaching and study materials, and
publish manuals and helper books.
 Initiation: Enroll at most 300 primary students/grades 1-6/ and 100
preschool students.
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PHASE III: LAUNCHING THE SCHOOL
The final phase of this project will be launching the operations of the academy
into full action. This step will herald the formal beginning of the educational process
and it will continue indefinitely with constant monitoring and evaluation to guarantee
its sustainability.
In this phase, the elementary school will commence operating at full capacity by
enrolling grade 7 and 8 students, the high school will start the enrollment of grade
9,10 and preparatory level students.
BENEFICEARY SELECTION CRITERIA
Beneficiaries are selected, according to the following basic criteria
 For Pre-school Students
 Should be between the ages of 3 ½ and 4½ exclusive
 Should have an acknowledged c, who can daily transport
him/her to and from the academy, could be a parent or a trusted
driver.
 Should have an acceptably healthy mentality

 For Primary Students
 Should be between the ages of 6 and 13 inclusive
 Should pass the primary entry test provided by the academy
 Should have a perfectly healthy mentality
 For Secondary Students
 Should be between the ages of 13 and 17 inclusive
 Should pass the primary entry test provided by the academy
 Should have a perfectly healthy mentality
 For Scholarship Students
 Should be able to produce an evidence for their incapacity to
cover the costs for their education
 Should pass the appropriate entry test provided by the academy
with distinction
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STAKEHOLDERS ANALISIS
Major stakeholders will be the Kebele administration, student parents, publishing agencies,
The Ethiopian Ministry of Education and teachers. The criteria for stakeholders is the
willingness to backup the academy`s objectives and future plans.
OWNERSHIP
The academy will be under the sole ownership of the president. At the moment, the project is
funded and managed by President of the Riverside Academy Ato Ashenafi Nigussie .

MANAGEMENT AND ORGANIZATION
The Riverside academy uses well-organized and proficient staff in all the phases of its
activities. The academy has one executive managing body headed by the president, an
administrative body headed by the administrator, a curriculum and publishing body headed
by the chief of curriculum and a program coordinator headed by the School Principal.
SUSTAINABILITY AND MONITORING
The project will start operating independently at the end of the third phase without any
outside support. Constant monitoring and evaluation will create a guaranteed outcome.
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PROJECT: RIVERSIDE ACADEMY

CONSTRUCTION AND LAUNCH OF AN EDUCATIONAL INSTITUTE

Monday, May 29, 2023

Knowledge | Humility | Innovation

Knowledge | Humility | Innovation

We will fulfill our mission by extending Riverside International School's legacy as an

Knowledge | Humility | Innovation

• Prioritizes the success of a student. We will become a more student‐centered

Completion of Construction and Project Start-up

 Provision of education to kindergarten students

OUR SMALL CLASS SIZE

OUR SAFE HAVEN

OUR ACADEMIC EXCELLENCE

By providing individual academic and personal support and attention to each

institution. We plan to register several students free of charge for their

Knowledge | Humility | Innovation

2.1 THE COMPANY

2.2 VISION OF THE COMPANY

2.3 BACKGROUND INFORMATION

 BUSINESS NAME – Base General Agro-Processing Industry PLC

 LEGAL FORM OF BUSINESS - Private Limited Company

 BUSINESS ADDRESS – Addis Ababa, Yeka Kifle Ketema

 PROJECT ADDRESS – Addis Ababa, Bole Kifle Ketema

 TYPE OF BUSINESS – Pre, Primary and secondary school.

 STATUS OF BUSINESS – New

Knowledge | Humility | Innovation

 Construct a building which houses a state of the art educational

facility in a time gap of two years.

 Furnish the building with equipment suitable for the intended

automated knowledge base.

 Create a competent organizational structure and get-together skilled

 Employ renowned foreign as well as local teachers, and initiate the

preschool/kindergarten and the primary education.

Prepare and publish educational materials, such as support books,

handouts and manuals.

No. School Annual ETB Annual USD

Knowledge | Humility | Innovation

OVERALL PROJECT ACTIVITIES

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 Premise acquisition: One month.

 Fencing and foundation: an 8 month task involving the marking of a

 Building construction Phase I: a 6- month task involving the building

of classrooms, libraries, offices, a cafeteria and laboratories including

No# Rooms Amount

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No# Outdoor Premise Amount

 Utility installation services: - installation of telephone and broadband

internet lines. /Electrical installation is included with the construction

 Purchase and Rent of equipment: - computers, printers, black and

while boards, stationary(paper, pencils, pens, markers, staples etc ),

books, teaching games, chairs, tables, shelves, plasma screen television

sets , cameras, LCD projectors, school buses and vans, playground

equipments (Sliders, Fixed Mesh ladders, Swingers and balls)

 Human Resource: - Recruitment and employment of administrative

staff, professional contractors and teachers who are mostly foreign.

 Service Initiation: - Enrollment of at most 300 pre-school, kindergarten

and primary students, equally divided to each of the departments.

No Quan Monthly Total Annual

Total ETB 268,500.00

Knowledge | Humility | Innovation

No# Items Quantity Unit price Amount

2 Photocopy machine 1 23,000.0 23,000.00

4 Televisions 1 8000.00 8,000.00

8 Tables for students 600 1,000.00 120,000.00