Test Prep Giant Kaplan Launches A New EdTech Accelerator In NYC, With TechStars Providing The Bankroll
With early-stage capital front-loading the EdTech investment spectrum, it's a good time to start an education business. (Even if investors are still wary about doling out larger rounds, but ssshhh on that bit.) Of course, when it comes to education, many entrepreneurs are still green. It's not as easy as it may seem to learn the landscape and understand how best to maneuver lengthy sales cycles and create products teachers and students will actually use.
Does US Owe the World an Education At Its Expense?
An anonymous reader writes "'Right now, there are brilliant students from all over the world sitting in classrooms at our top universities,' President Obama explained to the nation Tuesday in his pitch for immigration reform. 'They are earning degrees in the fields of the future, like engineering and computer science...We are giving them the skills to figure that out, but then we are going to turn around and tell them to start the business and create those jobs in China, or India, or Mexico, or someplace else. That is not how you grow new industries in America. That is how you give new industries to our competitors. That is why we need comprehensive immigration reform." If the President truly fears that international students will use skills learned at U.S. colleges and universities to the detriment of the United States if they return home (isn't a rising tide supposed to lift all boats?) — an argument NYC Mayor Bloomberg advanced in 2011 ('we are investing millions of dollars [actually ...
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Cornell NYC Tech Will Foster Commerce Amid Education
At Cornell NYC Tech, a new graduate school focusing on applied science, the most striking departure of all may be the relationship it sets forth between university and industry.
DreamIt Ventures Opens Applications For Next NYC Class With Specialized Tracks For EdTech, Minority-Led, And Israel-Based Companies
DreamIt Ventures has just opened up the application process for their third annual New York city Accelerator program, which will begin in mid-May and run to mid-August. The program offers $25,000 in seed funding, as well as collaborative work space, mentoring, exclusive speaking engagements with industry leaders, and an opportunity to pitch to investors on Demo Day. DreamIt has been on a bit of a spree when it comes to launching more centralized, focused accelerators, such as DreamIt Health and DreamIt Access (which focuses on minority-led startups). Those ventures will surely come in handy considering that this batch of NYC companies will be benefiting from a new program, designed to send education-tech startups, Israeli-based companies, and minority-led businesses down different, specialized tracks. We spoke to Mark Wachen, managing director at DreamIt, who had this to say about the new track-based program: We’ve seen a trend of more-and-more developed ideas with each passing cycle, ...
CourseHorse Gets $500K Seed Funding To Expand Class Booking Engine Beyond NYC
CourseHorse, a New York City-based startup that runs a platform that curates the best classes from local education providers along with a centralized booking engine for prospective students, has raised $500,000 in a seed funding round led by a group of investors including New York Angels, NYC Seed, Pinterest's first investor Brian Cohen, and others.