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March 17, 2021
M Power Education Records Explosive Growth During the COVID-19 Pandemic
Frederick,
MD (March 17, 2021)
– M Power Education, a Frederick-based e-learning and career training company,
has experienced an explosive growth in the past year, despite the global
pandemic. The company grew from three to fifteen employees and expanded their
client base as well as student enrollment – they have 7x more students
enrolling in their online learning platform in 2021 in comparison to this time
last year.
“The growth
has been incredible, and it has been an exciting year for us”, says Pete Medd,
the Founder and CEO of M Power Education.
According to
Mr. Medd, the past year has been more off-the-charts than what the company has
planned for. Not knowing how the Covid-19 pandemic was going to affect their
business, the startup initially went through some uncertainty, but the demand
quickly skyrocketed. The CEO adds that they were very fortunate to add high
quality people on the team, who were only available because of the pandemic.
The new employees added value to all aspects of their business – online
instructors and mentors, sales and enrollment team, as well as administrative
staff.
M Power Education
is an e-learning and training startup, that created the first end-to-end
massage therapist training and staffing solution for employers in the industry.
The demand for well-trained massage therapists is greater than the supply, due
to the cost of massage going down and more people realizing the benefits of
regular massage treatments. The number of massage educational programs in the
US is at the lowest point since 2000, with the lowest rate of graduates since
1998, down 37% since 2014. Some 35% of those graduates never enter the
workforce, either failing or never sitting for the MBLEx (Massage and Bodywork
Licensing Examination). M Power Education connects those willing to learn new
skills with employers looking to hire, by offering training and certification
programs at a fraction of the typical cost. For instance, the national average
cost of a massage therapy certification program is $13,400. The average cost
for M Power Education students is under $3,000 and leads directly to job
opportunities.
Since the
beginning of the pandemic, massage therapists are in even higher demand, with some
therapists leaving the profession. Mpower
is noticing considerable interest from people who have been displaced from
other professions and are looking for new opportunities. M Power has been there
to connect them to the massage industry and serves as a bridge between the students
and employers.
M Power is
currently a member of Frederick’s business incubator and accelerator, Frederick
Innovative Technology Center, Inc. (FITCI), which provides them with business
support and resources needed for scaling a business. “FITCI has been fantastic,
especially during the last year. Having the leadership support from the
Strategic Growth and Advisory Board, has allowed me to avoid some pitfalls that
come with explosive growth, and that has been a direct result of the mentorship
that comes through FITCI” says Mr. Medd.
The company’s
future plans include expanding geographically from 8 states to 30 and launching
a skin care program later in the year. “We are also looking to at least double
our staff in 2021, to keep up with continuing demand from both employers and
people who are getting into this industry”, the CEO concluded.
About the
company:
