|SEASON 7 EPISODE 14|
|Pitch||college crowdfunding site to help students with the cost of education|
|Asked For||$125,000 for 10%|
|Status||Out of Business|
What is Village Scholarships?
Village Scholarships is a crowdfunding platform which provides scholarships in the form of crowdsourced donations to higher education students. Students who are seeking financial assistance begin by creating an account on the site and starting a campaign.
In their campaign, they are able to detail what institution the money would be going to as well as their current life circumstances, should they feel comfortable doing so.
The campaign will then become eligible to match with Village Scholarships donors; and once the desired amount has been raised, the money will be sent directly to the student’s institution of choice.
Who Owns Village Scholarships?
Village Scholarships was founded by Antonio Adams in Denver, Colorado. Antonio received his bachelor’s degree in Organizational Communication from the Metropolitan State University of Denver, where he was an honors student and a Dean’s List recipient.
He worked at a number of different companies after finishing his education, primarily in the areas of marketing and product strategy. Such companies include Arrow Electronics, AspenCore, Bark, and Network for Good.
Antonio was supposed to attend college on an athletic scholarship; however, he sustained an injury which left him unable to play competitively. As a result, he lost his scholarship.
This personal experience with the modern scholarship industry left Antonio further frustrated with the steep expenses of higher education, the contingency upon which most scholarships are placed, and the lack of financial resources available for everyday students.
This led to him working to find a new way for students to finance their education. After a period of research and development, the concept of Village Scholarships came to fruition.
What Happened to Village Scholarships After Shark Tank Update
Is Village Scholarships Still in Business?
As of today, the crowdfunding platform does not appear to be operational. The company’s former website cannot be found, their social media accounts are stagnant, and Antonio lists his work with Village Scholarships as having ended in November 2016. There is hope for the company, however, as potential investors may still be interested and demand for such a service remains palpable due to the high costs of higher education.