There has never been a better time for ed-tech startups and entrepreneurs
From April 23-25 [1], more than 100 hundred ed-tech startups from two dozen countries will compete in Amsterdam for $35,000.
Sanoma [2], a Finnish media company, is hosting the contest to encourage innovation in education.
For a list of the 5 ed-tech finalists, read the full story from the The Next Web here [3].
For those observing international education trends, Finland’s active role in education should come as no surprise. Teachers in Finland must possess a master’s degree and pass a rigorous application process, and free education is offered from kindergarten to higher education.
For more on Finland’s attitude toward education, read here [4].
Apparently, this is an excellent time for ed-tech startups. Last year, entrepreneurs [5] raised more than $600 million, compared to over $200 million in 2008. Read the full story in VatorNews [5].
As technology and innovation in education continues to expand with exposure and funding from influential donors like the Gates Foundation and ABC’s critically acclaimed entrepreneur-themed show Shark Tank [6], a steady growth in the ed-tech industry can be anticipated.
Just last week on Shark Tank, a Virginia-based ed-tech company named Zoobean [7] which curates and delivers children’s books customized to each child’s needs, secured a $250,000 investment to expand their business.
Do you think there should be greater media attention and emphasis to advance ed-tech innovation? Share your thoughts in the comments section below and by joining the conversation on Twitter @Michael_eSM [8].