Kelly Lambrinatos said what started as an idea nearly two years ago is more than 65 percent of the way to being funded for launch. They plan to open their doors in September, and Lambrinatos wants to collect their first year budget of $250,000 by then.
They’ll have access to public funds, but won’t have the metrics to back up their program until after the first year. So for now, they’re turning to crowdfunding on the website Crowdtilt. The mode itself is not unique to startups, but the approach hasn’t yet been used to launch a school.
