Reflection Sciences
Reflection Sciences provides tools for assessing and improving Executive Function (EF) skills in early childhood and across the lifespan. EF skills include paying attention, utilizing working memory to reflect before acting, self-control, delaying gratification, and cognitive flexibility. EF skills in children are predictive of career success, health, wealth, and well-being in adulthood.
Venn is interested in making a PRI to Reflection Sciences to support the deployment its patented Minnesota Executive Function Scale (MEFS™ App) tablet assessment and related services, first to the 5,500 children served directly in Head Start programs managed by Acelero Learning, second to the 30,000 children served through Acelero’s Head Start partners, and then hopefully to the national Head Start network.
Recipient Name: Reflection Sciences
Corporate Form: Minnesota Business Corporation
Founders: Stephanie Carlson, PhD. & Philip Zelazo, PhD.
CEO: Jeff Shelstad
Amount Raised: $50,100
Overview of Investment Terms:
Unsecured loan
Years 1-5: Annual interest-only payments; simple interest at 2%, 2%, 3%, 4%, and 5% respectively.
Principal to be repaid in two balloon payments at end of Year 5.
10-year warrant for 20% of PRI principal