What is BestPrep?
BestPrep is a Minnesota-based nonprofit organization founded in 1976, dedicated to equipping students in grades 4-12 with essential business, career, and financial literacy skills through immersive, hands-on experiences. Over its history, BestPrep has positively impacted more than 1.8 million young individuals across Minnesota, consistently offering its programs at minimal or no cost to students, educators, and schools. The organization's comprehensive approach serves a broad spectrum of stakeholders, including students, educators, volunteers, and donors, effectively bridging the gap between academic learning and practical workplace competencies. Furthermore, BestPrep leverages the support of nearly 5,000 volunteers annually, amplifying its capacity to fulfill its educational mission and enrich the learning journeys of students.
How much funding has BestPrep raised?
BestPrep has raised a total of $361K across 2 funding rounds:
Debt
$150K
Debt
$211K
Debt (2020): $150K with participation from PPP
Debt (2021): $211K led by PPP
Key Investors in BestPrep
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for BestPrep?
The recent strategic investment signifies a pivotal moment for BestPrep, likely enabling the expansion of its program reach and the enhancement of its curriculum to meet evolving educational demands. This capital infusion is expected to fuel further growth, allowing BestPrep to deepen its impact on youth financial literacy and career preparedness. The organization's long-standing commitment and proven track record suggest a strategic deployment of these funds to scale operations, potentially reaching more underserved communities and further solidifying its role as a leader in youth education.
See full BestPrep company page
