In loco parentis is enough
The school stands in the parent's place for the programme.
Bring a class.
Every student runs a real business.
A school stands in loco parentis, so you collect no guardian signature per student.
Tell us about your class
One address, one reply from a person.
What a school holds
No guardian signature per student.
A pooled account and a treasury
One account at the institution, with a budget behind the cohort.
Awards that settle per student
An award lands against the student it was given to.
The school is not the seller
Ninth Street Labs, LLC, doing business as Fuime, carries the liability.
Questions
The ones a programme lead asks.
Do I need a guardian signature per student?
No. A school stands in loco parentis, so a cohort needs no per-student guardian.
How young can a student be?
13. The floor is hard-clamped there, and under-13 is refused at signup.
What can students sell?
Services and digital goods, in US dollars, in the United States. Not physical goods, food, crafts, childcare or babysitting.
What does it cost the programme?
5% of what a venture collects, 50¢ floor. Not an addition: a $400 sale pays $20.00. It posts as its own negative line, so a class can read the margin. Outside that rate, talk to us.
How long before a student can sell?
A person reads every new business before it can take a payment. We will not promise a review turnaround, so tell us your term dates.
What about tax?
fuime totals income, expenses and net against $433.14 of net profit, the real IRS trigger. It estimates; it files nothing.
After the course ends?
The venture keeps existing. Its books and customers belong to it; a student carrying on needs a parent or guardian.
Where this stops
What fuime does not do for a cohort.
Nobody's identity is checked
No identity verification of anyone. Age is a self-attested checkbox.
There is no classroom layer
No gradebook, no lesson plans, no assignment flow, no roster import.
Payouts are approved by a person
7-day hold, 10% reserve, $2,500 cap per run, $10 floor.
USD, the US, and English
One currency, one country, one language, no tax registration anywhere.
Schools, teachers and cohorts
Bringing a class? Leave your address.
How many students, what they will sell, when the term starts.
For cohorts only. A student can open a business today — the app is open.